Stock markets struggling to keep up with rising oil prices and bond yields

Global News - Sep 28, 2026

Rising oil prices are knocking the U.S. stock market further from its record high on Monday, while building pressure even higher within the U.S. bond market.

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Palace denies Marcos-backed Robredo-Pacquiao 2028 tandem

Sep 28, 2026

Palace denies Marcos-backed Robredo-Pacquiao 2028 tandem

MANILA, Philippines — Malacañang on Monday downplayed rumors of a Marcos administration-backed slate for the 2028 elections led by Naga City Mayor Leni Robredo and Secretary Manny Pacquiao. Palace press officer Claire Castro said she had received no information about Robredo and Pacquiao being courted by President Ferdinand R. Marcos Jr. to run for president and vice

Travel tax abolition could hurt tourism infra – Tieza

Sep 28, 2026

Travel tax abolition could hurt tourism infra – Tieza

MANILA, Philippines — The Tourism Infrastructure and Enterprise Zone Authority (Tieza) on Monday sought a transition period before travel taxes are abolished, saying the levy funds the majority of tourism-related infrastructure. Tieza Chief Operating Officer Mark Lapid made the request during the Department of Tourism’s budget hearing before the Senate finance subcommittee. “Regarding the issue

Comelec pressed for time on barangay, SK polls if SC issues TRO

Sep 28, 2026

Comelec pressed for time on barangay, SK polls if SC issues TRO

MANILA, Philippines — The Commission on Elections (Comelec) may no longer be able to hold the Nov. 2 barangay and Sangguniang Kabataan (SK) elections if the Supreme Court (SC) issues a temporary restraining order (TRO) order on the postponement of the electoral exercise, Comelec Chairperson George Garcia said Monday. Garcia made the remark during the

Mark Villar backs Revised Cooperative Code bill

Sep 28, 2026

Mark Villar backs Revised Cooperative Code bill

MANILA, Philippines — Sen. Mark Villar expressed his support on Monday for Senate Bill No. 1431, or the proposed Revised Cooperative Code of the Philippines, which aims to strengthen cooperatives as instruments of social justice, livelihood generation, and economic development. Cooperatives have been making significant contributions to the economy, Villar explained in a statement, citing

PLM admits only 3,000 of 70,000 applicants for SY 2026-2027

Sep 28, 2026

PLM admits only 3,000 of 70,000 applicants for SY 2026-2027

MANILA, Philippines — The Pamantasan ng Lungsod ng Maynila (PLM) has admitted only 3,000 of more than 70,000 applicants for academic year 2026-2027, its president said Monday. Lawyer Domingo Reyes Jr., president of PLM, said during the flag-raising ceremony at Manila City Hall that while 43,000 applicants were able to take the entrance exam, only

Maguindanao mayor who survived RPG attack dares nephew to face raps 

Sep 28, 2026

Maguindanao mayor who survived RPG attack dares nephew to face raps 

COTABATO CITY  – Mayor Akmad “Mitra” Ampatuan Sr. of Shariff Aguak, Maguindanao del Sur, on Monday challenged his nephew to surrender and squarely face the charges in connection with a rocket-propelled grenade (RPG) attack in January this year. “My son, come out and surrender; face the cases against you… We will see you in court.

DepEd, PCMC sign memorandum on hospital-based learning program

Sep 28, 2026

DepEd, PCMC sign memorandum on hospital-based learning program

MANILA, Philippines — The Department of Education (DepEd) and the Philippine Children’s Medical Center (PCMC) signed an agreement on the first ever hospital-based learning continuity program in the country for children with long-term health conditions. The memorandum, signed on Monday, Sept. 28, is expected to help eligible patients continue their education while receiving medical care

Marcos, Angara praise schools, partners behind PH’s PISA gains

Sep 28, 2026

Marcos, Angara praise schools, partners behind PH’s PISA gains

MANILA, Philippines — President Ferdinand Marcos Jr. and Education Secretary Sonny Angara led on Monday the national recognition of all those behind the Philippines’ historic gains in the 2025 Programme for International Student Assessment (PISA). These included educators, learners, parents, local government leaders, and public and private partners. Attending the thanksgiving gathering at President Corazon

BuCor seeks court records to verify release order for Lee, Cornejo

Sep 28, 2026

BuCor seeks court records to verify release order for Lee, Cornejo

MANILA, Philippines — The Bureau of Corrections (BuCor) said it still needs to verify whether Cedric Lee and Deniece Cornejo can be released despite a Court of Appeals order directing their immediate discharge. Lee and Cornejo are serving sentences related to the serious illegal detention case involving actor and television host Vhong Navarro, which dates

Palace: Alleged lack of support for some Asiad delegates to be probed

Sep 28, 2026

Palace: Alleged lack of support for some Asiad delegates to be probed

MANILA, Philippines — President Ferdinand R. Marcos Jr. has ordered an investigation into reports that some Filipino athletes, particularly members of the Alas Pilipinas men’s volleyball team, had to pay out of pocket for food during the ongoing Asian Games in Japan. Palace press officer Claire Castro said Marcos does not want Filipino athletes representing the country

Newly elected officials report average assets of 1.35 billion won

Sep 28, 2026

Newly elected officials report average assets of 1.35 billion won

Officials newly elected in June's local elections reported average assets of 1.35 billion won ($996,500), according to Government Ethics Committee data released Tuesday. The committee disclosed the personal assets of 1,259 individuals, including 563 local governors, mayors, councilors and education chiefs elected in the June elections. The others are 586 people who retired from elected offices and 110 appointed public officials. The average assets of the newly elected people amounted to 1.35 billion won per person. The heads of large local governments averaged 1.99 billion won per person in assets while small local government heads declared an average 1.69 billion won of wealth. Among the heads of small local governments, Bonghwa County Mayor Choi Gi-young reported the largest assets at 34.9 billion won, while Yoon Yu-jin, a member of the Seoul Metropolitan Council, topped the wealth list among newly elected members of large local councils with 15.64 billion won, according to the data.

Graft complaint filed vs Laguna governor over review class program

Sep 28, 2026

Graft complaint filed vs Laguna governor over review class program

MANILA, Philippines — Laguna Governor Sol Aragones became the subject of a graft complaint filed before the Office of the Ombudsman on Monday over alleged irregularities in a program which complainants said had a P11.5 million budget to provide free review center classes for civil service examination takers. According to Laguna Board Member Lorenzo Zuñiga

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