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Navy ship recovers P214-M cocaine bricks off Palawan waters

MANILA, Oct. 12 -- A Philippine Navy vessel conducting maritime patrol off the West Philippine Sea found PHP214 million worth of suspected cocaine southeast of Piedras Point, within Puerto Princesa, P... Read More


PH Navy, allies hold high-intensity maritime drills

MANILA, Oct. 12 -- Philippine, United States and Canadian warships conducted complex naval maneuvers under Exercise SAMASAMA (Together) 2025, showcasing strengthened defense cooperation and seamless i... Read More


Marcos economic aide tags P1.7-T market loss report as 'fake news'

Manila, Oct. 9 -- Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Secretary Frederick Go on Thursday dismissed as fake news reports that PHP1.7 trillion in market value... Read More


Negativity overblown, corruption probe good for PH in the long run

Manila, Oct. 9 -- The government's ongoing corruption probe, far from scaring investors, will ultimately strengthen the Philippine economy by restoring integrity, efficiency and public trust, Special ... Read More


Palace: PBBM focused on work, unmindful of impeachment, ouster calls

Manila, Oct. 9 -- Malacanang on Thursday dismissed renewed impeachment and ouster calls against President Ferdinand R. Marcos Jr., saying he remains unbothered and focused on his work to uplift the li... Read More


DBM releases P716.15-M to replenish DSWD disaster fund

Manila, Oct. 9 -- The Department of Budget and Management (DBM) has approved the release of PHP716.15 million to the Department of Social Welfare and Development (DSWD) to replenish its Quick Response... Read More


Study needed on proposed one-month tax holiday - SAPIEA chief

Manila, Oct. 9 -- Malacanang on Thursday said the government will carefully study a proposal of Senator Erwin Tulfo to grant a one-month tax holiday to help boost public confidence and ease the burden... Read More


Palace: Zero unprogrammed funds 'not possible,' needed for emergencies

Manila, Oct. 8 -- Malacanang on Wednesday said the government cannot fully scrap unprogrammed appropriations (UA), noting that these funds are necessary for emergencies and unforeseen expenses. This ... Read More


Marcos unveils $207-M petroleum, hydrogen gas exploration deals

Manila, Oct. 8 -- President Ferdinand R. Marcos Jr. on Wednesday led the signing of eight new Petroleum Service Contracts (PSCs) worth USD207 million to boost the country's energy security and reduce ... Read More


DBM: Lifetime ban on erring contractors under new procurement law

Manila, Oct. 8 -- The Department of Budget and Management (DBM) on Wednesday pushed for the strict enforcement of the lifetime blacklisting clause under Republic Act 12009 or the New Government Procur... Read More