Category: General

MANILA: The local stock barometer declined while the peso remained at the 58 to a dollar level on Monday. The Philippine Stock Exchange index (PSEi) shed 6.86 points to 7,136.10, while All Shares also went down by 5.55 points to 3,951.66. “Philippine shares traded as the market focus intensifies on key U.S. events, with investors keeping a close watch on the November 5 elections and the Federal Reserve’s policy meeting,” Regina Capital Development Corporation managing director Luis Limlingan said. Limlingan noted that any indications from the Fed regarding future rate adjustments could shape market sentiment. According to Philippines News Agency,

COTABATO CITY: The Commission on Elections (Comelec) announced on Monday that it has identified one million registered voters with double or multiple registrations. This discovery was made possible through the Automated Fingerprint Identification System (AFIS), a technology that uses biometric data to detect duplicate voter registrations. According to Philippines News Agency, Comelec Chairperson George Erwin Garcia explained that these individuals will no longer be eligible to vote in the upcoming May 2025 midterm polls and the Bangsamoro Parliamentary Elections. “We will be deleting some one million voter registration records found by our AFIS as double or multiple registrants,” Garcia stated

Manila: The proposed 2025 national budget worth PHP6.352 trillion would prioritize projects aimed at enhancing the country’s water management systems to boost resilience and sustainability amid frequent natural disasters. In his speech during the resumption of session, House of Representatives Speaker Martin Romualdez stated that the national budget for next year would allocate funds for a strategic shift from traditional flood control to comprehensive water management. This includes water impounding systems designed to harvest rainwater, mitigate flooding, and ensure water availability during the dry season. According to Philippines News Agency, Romualdez emphasized that these projects are intended to create a

Manila: Some 2.17 million people visited the Manila North and South cemeteries to pay respects to their dearly departed during the ‘Undas’ (All Saints’ and All Souls’ Days) holidays, the city government said Monday. In a statement, Mayor Honey Lacuna reported the visitor count from October 30 to November 3, attributing the high turnout to the long weekend and fair weather. The North Cemetery saw 1,618,530 visitors, with 1.1 million attending on November 1 alone, while the South Cemetery had 548,627 visitors, with 438,500 on the same day. According to Philippines News Agency, Mayor Lacuna also noted a decrease in

Manila: The Philippines on Monday denounced North Korea’s continuing ballistic missile launches, urging it to stop the “provocative actions” that undermine peace and stability in the Korean Peninsula and the Indo-Pacific region. ‘We call on the DPRK (Democratic People’s Republic of Korea) to immediately cease these activities and abide by all international obligations,” the Department of Foreign Affairs statement read. According to Philippines News Agency, the Philippines has repeatedly denounced and called out North Korea’s activities in the past. Manila urged Pyongyang to observe the United Nations Security Council Resolutions and engage in constructive dialogue with the international community. Last