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Category: General

ACM Roadshow in Iloilo City Launches Preparation for 2025 Midterm Elections.

ILOILO CITY: The Commission on Elections (Comelec) gathered on Monday representatives from four villages in Iloilo City for the kickoff of the automated counting machine (ACM) roadshow and demonstration activity held simultaneously nationwide in preparation for the 2025 midterm elections. The roadshow aims to familiarize voters with the ACM technology. According to Philippines News Agency, Regional Election Director lawyer Dennis Ausan explained during the event at Iloilo City National High School in Molo District that this roadshow responds to the public’s growing interest and questions about the automation of the electoral process. Ausan noted that automated elections have been conducted

PDEA-11 Destroys PHP16 Million Worth of Illegal Drugs in Davao City.

DAVAO CITY: The Philippine Drug Enforcement Agency (PDEA) 11 (Davao) destroyed over PHP16.1 million worth of illegal drugs on Monday, including seized contraband from operations conducted across the region this year. PDEA-11 Director Edgar Jubay stated that the destroyed substances included 1,661.3 grams of shabu valued at PHP11.3 million and 40 kilograms of marijuana worth PHP4.8 million. Additionally, PHP999,965 worth of expired medicines were also burned. According to Philippines News Agency, Jubay led the destruction at a thermal facility operated by a funeral parlor in the city. He explained that once the drugs undergo thermal treatment, they lose their value

T-bill Rates Show Mixed Results in Latest Auction.

Manila: The rates of the Philippines’ treasury bills (T-bills) displayed mixed outcomes in the auction conducted on Monday. The Bureau of the Treasury (BTr) reported variations in the average yields of different tenors as market participants adjusted their bids ahead of upcoming economic data releases. According to Philippines News Agency, the average auction yield for the 91-day T-bill decreased marginally to 5.630 percent from 5.647 percent recorded last week. The BTr offered PHP5 billion for this tenor and successfully awarded the full amount, with total bids reaching PHP21.7 billion, indicating strong demand from investors. In contrast, the yield for the

Comelec Introduces ACM to Negrense Voters Ahead of 2025 Polls.

BACOLOD CITY: The Commission on Elections (Comelec) on Monday introduced to voters in Negros Occidental, including this highly urbanized city, the features of the automated counting machine (ACM), which will be used during the national and local elections on May 12 next year. According to Philippines News Agency, in each of the 32 local government units (LGUs) in the province, an ACM was deployed for in-person demonstration as part of the Comelec-Negros Island Region’s roadshow. At the Ayala Malls Capitol Central here, Comelec-Bacolod City, led by election officer Revo Sorbito, conducted a demonstration before various sectors, including local candidates. ‘This

AMRO Projects Faster Economic Growth in Philippines for 2024-2025.

MANILA: Philippine economic growth is expected to strengthen this year amid easing inflation and a less restrictive monetary policy, the ASEAN+3 Macroeconomic Research Office (AMRO) said. In a report released on Monday, AMRO said the growth of the Philippine economy is projected to hit 5.8 percent this year from 5.5 percent in 2023. According to Philippines News Agency, the report is based on AMRO’s Annual Consultation Visit to the Philippines from August 27 to September 6, and data and information available up to November 7. AMRO expects Philippine economic growth to further accelerate to 6.3 percent in 2025. “The upturn

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