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President Marcos Jr. Signs Republic Act 12019: Philippines Gains Legal Standing in Global Loss and Damage Fund

Republic Act 12019, which was signed by President Ferdinand Marcos Jr., gave the Philippines the ability to join the Loss and Damage Fund and legal personality. This allowed the governing body to enter into contracts, buy and sell property, file lawsuits, and house the Fund's secretariat with the World Bank.

chinese new year

Some highways in Manila are closed on Chinese New Year's Day.

If you are going out this Chinese New year and driving you need to know this because some highways are closed. A few Metro Manila highways will be closed in advance of Sunday's Chinese New Year celebration. The public information office (PIO) in Manila issued an advisory stating that the

business news

PH welcomes a UN Special Rapporteur to evaluate the human rights system.

On Monday, Special Rapporteur Irene Khan of the United Nations (UN) touched down in the Philippines with the aim of evaluating the government's human rights apparatus, with a specific focus on freedom of opinion and expression. Khan landed at Ninoy Aquino International Airport at roughly 12:30 p.m. while

China

China requests that ships in the Red Sea cease their "harassment."

Citing the conflict between Israel and Hamas as the reason, China has demanded a halt to Houthi rebel attacks on civilian ships in the Red Sea and urged for a seamless global supply system. "The top priority is to quell the war in Gaza as soon as possible to prevent

baguio

The Baguio gastro outbreak has been declared over.

Following suspicions that the increase in diarrhea cases was caused by seven private deep wells, Mayor Magalong pronounced the outbreak of acute gastroenteritis to be gone. They were instructed to close, get cleaned, and then reopen. The city epidemiologist, Dr. Donnabel Tubera-Panes, stated that water tests from 12 private facilities

Philhealth

PhilHealth is rocked by another data leak.

DCT Undersecretary Jeffrey Ian Dy claims that code mistakes, not cybercriminals, were the cause of the website malfunctions on PhilHealth. Now that the problem has been rectified, regular operations can resume. “It seems that there were some errors made in building the website. They fixed it already. It was a

dogs

On Tuesday, the South Korean parliament is anticipated to decide whether to gradually outlaw the consumption and sale of dog meat.

The National Assembly of South Korea approved a law that forbids the consumption of dog meat beginning in 2027 and providing a three-year grace period. The measure, which has been approved by the Cabinet Council and signed by President Yoon Suk Yeol, will sentence people who eat dog meat to

business news

Marcos wants the Philippines taken off the FATF's "gray" list.

President Marcos stated yesterday that the nation should remove itself from the Financial Action Task Force's (FATF) global watchdog on dirty money by October of this year. He also directed the Anti-Money Laundering Council (AMLC) and relevant authorities to take the necessary steps to achieve this goal. “We’ve directed

fashion

The PNP head desires stricter laws governing online selling.

Gen. Benjamin Acorda Jr., the head of the Philippine National Police, has made a plea to Congress to consider the potential of drafting legislation to address the issue of people utilizing these platforms to convey illegal goods. After witnessing the widespread sale of outlawed firecrackers during the holiday season via

prison

300 Bilibid inmates are transported to Palawan jail.

In an effort to declutter the prison, BuCor moved 300 NBP inmates from Muntinlupa City's New Bilibid Prison to Penal Farm and Iwahig Prison in Palawan. “The transfer of PDLs was part of the decongestion program of BuCor director general Gregorio Pio Catapang Jr.,” BuCor said in a statement, referring

lrt

5 LRT1 Cavite stations are under construction, with an expected opening date of 2024.

According to an official on Tuesday, October 10, the first five stations in the province of Cavite being built as part of an expanded Light Rail Transit 1 (LRT-1) remain on track. Light Rail Manila Corporation (LRMC) President and CEO Juan F. Alfonso indicated that the project, which began development

business news

As authorities struggle to catch up, Filipinos lose P155 million to scams in 2023.

In the first eight months of 2023, Filipinos lost P155.20 million due to frauds, increasing pressure on lawmakers to curb fraud in the digital economy. Up to 2% of global GDP has been lost due to digital fraud. In Southeast Asia, the Philippines has the greatest rate of financial

unemployed

The unemployment rate increased once more in July 2023, reaching 4.8%.

According to National Statistician Dennis Mapa, the number of unemployed Filipinos fell by 329,000 from 2.6 million a year before in July 2022. The July reading was higher than 4.5 percent in June 2023. However, it was lower than 5.2 percent in July 2022, which Mapa

Philhealth

Executive pay at PhilHealth nearly tripled in 2022

The overall salary of top executives of the Philippine Health Insurance Corporation nearly quadrupled from P26.202 million in 2021 to P72.244 million the following year, according to PhilHealth's financial disclosures for 2022. The financial results for the public health insurance company were included in the Commission on Audit's

tax

Legislators suggested the passing of further tax legislation to raise P120.5 billion more in '24.

The remaining tax reform packages of the Duterte administration, according to Finance Secretary Benjamin Diokno, are essential to achieving the economic objectives of the Marcos era. Revenues are predicted to reach P3.73 trillion in 2023 and increase to P6.62 trillion in 2028 based on the budgetary plan of

Antonio Carpio

Chinese corporation should not operate in the Philippines, according to Carpio

Antonio Carpio, a retired senior associate justice, said Chinese Communication Construction Co. (CCCC), which is currently working on multiple projects in the Philippines, should not be allowed to conduct business there. Carpio said on Friday to the Inquirer that the Chinese state-owned business was reportedly involved in the maritime conflict

DFA

The DFA director mentions better relations with Vietnam.

The Philippines and Vietnam are conscious of the role that economics will play in bringing about peace in the region, even while maritime security continues to be their top priority. Enrique Manalo, the foreign secretary of the Philippines, and Bùi Thanh Son, the Vietnamese counterpart, discussed measures to strengthen bilateral