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Manila Bulletin

IFC-backed $25-million fund includes Philippines in fintech push

International Finance Corp. (IFC), the private-sector lending arm of the World Bank Group (WBG), will invest up to $25 million in a structured debt fund that will finance financial technology (fintech) companies, including those operating in the Philippines. In an April 13 disclosure, IFC said its...
Manila Bulletin

Better than fuel tax suspension: Gov't starts P10/liter subsidy for PUVs

Drivers and operators of diesel-fed public utility vehicles (PUVs) will stand to benefit more from the additional fuel subsidy program than the cancellation of the excise tax on fuel, the Land Transportation and Franchising Regulatory Board (LTFRB) said. The additional fuel subsidy approved by...
Manila Bulletin

Si 'Baliw' at si 'bading': Madriaga shares ex-president Duterte's one-word descriptions of his sons

Former president Rodrigo Duterte gave some rather unique, if not unflattering descriptions for his sons Davao City 1st district Rep. Paolo "Pulong" Duterte and Acting Davao City Mayor Sebastian "Baste" Duterte to his alleged former aid Ramil Madriaga. Madriaga, a Bureau of Jail Management and...
Manila Bulletin

Exercise 'Balikatan:' 17,000 troops from PH, 6 other nations to join 'expanded' war games

More than 17,000 troops from the Philippines and six other countries are set to take part in the 41st iteration of the annual Exercise Balikatan, scheduled from April 20 to May 8. The Armed Forces of the Philippines (AFP) on Tuesday, April 14, confirmed the participation of its counterparts from...
Manila Bulletin

Gov't agencies join forces to detect, probe fake news

Malacañang said the Presidential Communications Office (PCO), the Department of Justice (DOJ), and the Department of Information and Communications Technology (DICT) signed a memorandum of agreement to bolster efforts against fake news, disinformation, and AI-generated deepfakes. PCO Secretary...

DFA: Filipino repatriation requests 'decline' after US-Iran ceasefire

The Department of Foreign Affairs (DFA) on Tuesday, April 14, noted a decline in repatriation requests from non-overseas Filipino workers (non-OFWs) following the recent ceasefire between the United States and Iran, signaling a temporary easing of tensions in the Middle East. In its latest update,...
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