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Category: General

HSBC Predicts Robust Economic Growth for the Philippines as ASEAN Leader.

Manila: The Philippines is expected to continue to be one of the region’s top performers, likely growing by over 6 percent until 2026, HSBC Philippines said. “So [in] the Philippines, our economic growth has been very encouraging, and we’ve seen all the reforms the last 20 years. We’ve had two decades of very, very strong reforms that have really prepared the economy to be able to progress, really, to the next level,” said HSBC Philippines head of markets and securities services Corrie Purisima in a briefing held at the Shangri-la at the Fort in Taguig on Tuesday. According to Philippines

PAOCC Spokesperson Relieved from Post Amid Administrative Investigation.

MANILA: Presidential Anti-Organized Crime Commission (PAOCC) spokesperson Winston Casio has been relieved from his post and is under administrative investigation following allegations of mistreatment of a Filipino national during a raid on a Philippine offshore gaming operator (POGO) hub in Bagac, Bataan, as confirmed by Malacañang on Tuesday. In a communication to Palace reporters, Executive Secretary Lucas Bersamin stated that Casio was ordered to “explain actuations in writing.” According to Philippines News Agency, footage of Casio slapping a POGO worker during the October 31 raid circulated on social media, prompting a swift response from PAOCC. A memorandum issued on Monday

4,000 Farmers and Fisherfolk in Batangas Receive Financial Assistance After Severe Tropical Storm Kristine.

Batangas: A total of 4,000 farmers and fisherfolk impacted by Severe Tropical Storm Kristine in Batangas province on October 24 received financial aid on Monday, led by President Ferdinand R. Marcos himself. According to Philippines News Agency, beneficiaries from the most affected towns of Talisay, Laurel, and Agoncillo each received PHP10,000 in cash under the Ayuda sa Kapos ang Kita Program (AKAP). This distribution was supervised by Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian. In his speech, President Marcos acknowledged the challenges faced by the victims, expressing hope that the financial support would help them start anew.

Government Aid to Bicol Families Affected by Storm Kristine Reaches PHP637.7 Million.

LEGAZPI CITY: The Office of Civil Defense (OCD) in Bicol reported on Monday that government assistance to families affected by Severe Tropical Storm Kristine (international name: Trami) has now amounted to PHP637.7 million. In a phone interview, Gremil Alexis Naz, spokesperson for OCD-Bicol, said humanitarian aid from various government agencies has benefited over 646,402 families across six provinces and one component city in the region. According to Philippines News Agency, different national government agencies distributed the assistance as an immediate response to the needs of communities and families affected by ‘Kristine’. Agencies involved in the relief efforts include the Department

BARMM Police Ensure Security During COC Filing for 2025 Parliamentary Polls.

COTABATO CITY: The Police Regional Office-Bangsamoro Autonomous Region (PRO-BAR) reported no security threats to the ongoing filing of certificates of candidacy (COCs) for the first-ever Bangsamoro parliamentary elections, set to coincide with the national midterm elections in May 2025. Following a successful security operation during the Undas observance, PRO-BAR has declared readiness for the week-long filing period, which began Monday and will continue until Saturday. According to Philippines News Agency, PRO-BAR Regional Director Brig. Gen. Romeo Macapaz assured the public that heightened security measures will remain in place to maintain peace and order. ‘Our alert status will not be lowered,’

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