Marcos to certify as urgent bill granting him emergency powers to address oil price hikes

President Ferdinand “Bongbong” Marcos Jr. said he would certify as urgent a bill granting him emergency powers to lower excise taxes on fuel amid rising oil prices driven by the conflict in the Middle East. Speaking to reporters in New York on Wednesday (Manila time), the President said the certification would only be issued once both chambers of Congress complete their committee…

Shares steady, oil turbulence deepens over Middle East war fears

SINGAPORE, March 11 (Reuters) – Shares steadied on Wednesday following a retreat ​in oil prices, but contradictory signals from the U.S.-Israeli war on Iran kept investors anxious over the risks to inflation and global growth. A ‌pullback in oil came after the Wall Street Journal reported that the International Energy Agency has proposed the largest release of oil reserves in its history…

The Philippines’ richest: Enrique Razon tops Forbes’ 2026 billionaires list

Ports and casino magnate Enrique Razon Jr. is the richest Filipino on the 40th annual Forbes World’s Billionaires List. The list released by Forbes showed that there are 15 billionaires in the Philippines, led by Razon. Razon’s net worth surged by more than 50% to $16.5 billion, equivalent to roughly P974 billion. He also climbed 52 spots to rank 175th out of…

Is Trillanes undermining Leni, Bam to make way for Risa?

With the 2028 presidential race now less than two years away, former senator Antonio “Sonny” Trillanes IV has drawn fresh lines inside the so-called opposition—this time targeting Sen. Bam Aquino in a way that inevitably puts former vice president and now Naga City Mayor Leni Robredo in the same frame. On its face, the dispute centers on where cases against former president…

Malacañang under fire as fallout grows over removal of career DOH officials

With the perceived ouster of career health officials, Malacañang now stands accused of putting institutional stability and expert leadership at risk for political convenience. The uproar follows the exit of Health Undersecretary Maria Rosario Singh-Vergeire and other veteran DOH officials in what appears to be a politically motivated shake-up. About 55 professional medical groups signed a joint statement expressing concerns of what…

SPECIAL REPORT: Laguna Lake on the verge of becoming the Philippines’ largest septic tank

The Laguna Lake is fast deteriorating into the country’s “biggest septic tank,” Biñan City Rep. Walfredo “Arman” Dimaguila Jr. warned on Saturday, August 2. In an interview on DZRH News’ Special on Saturday, Rep. Dimaguila urged the Marcos Jr. administration to take urgent and science-based action to rehabilitate the vital water body affecting millions across Southern Luzon and Metro Manila. “Magkakaroon na…

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