Eli blamed loss of confidence across all sectors for our current problems, including the dismal economic growth in 2025. He suggested that other branches of our government, not the BSP, are responsible for the economy’s worrisome vital signs. Are we seeing early signs of structural shifts in labor intensity across sectors?”Joey’s insights: “Worth examining whether IT-BPM is experiencing revenue growth decoupling from headcount growth. “But durable equipment investment grew only 0.6 percent, suggesting private firms aren’t scaling up productive capacity. Our economic vital signs are telling us more than what the optimism of the economic managers would make us believe.

January 09, 2026 07:00 UTC

8 luxury vehicles linked to Zaldy Co seized in BGC condoThe Bureau of Customs seizes eight luxury vehicles linked to former Rep. Elizaldy Co at Bonifacio Global City, Taguig City on Thursday night, Jan. 8, 2026, after initial findings show import violations and unpaid duties and taxes. MANILA, Philippines — After seizing the Discayas’ luxury vehicles, law enforcement agencies have turned their attention to cars linked to former Rep. Elizaldy Co. Some of the seized luxury vehicles included a Rolls Royce, Toyota Sequoia, Escalade, Lexus and Fortuner, Guiagui said. The eight luxury vehicles seized were first transferred to the parking lot of the Independent Commission for Infrastructure (ICI). Authorities are still determining what to do with the seized vehicles if they are deemed illegally imported or unregistered.

January 09, 2026 06:46 UTC

Sabalenka extends strong start to season with win over KeysAryna Sabalenka of Belarus reacts during her women's singles match against Madison Keys of the US at the Brisbane International tennis tournament in Brisbane, Australia on January 9, 2026. 1 Aryna Sabalenka continued her strong start to the year when she beat Madison Keys in straight sets on Friday to move into the semifinals of the Brisbane International. In a replay of the 2025 Australian Open final won by Keys, Sabalenka took revenge on the American with a 6-3, 6-3 victory. Keys was playing less than 24 hours after her marathon three-hour win over Russia's Diana Shnaider late Thursday. Muchova has won her last three matches against Sabalenka though the last was in 2024 at the China Open.

January 09, 2026 06:45 UTC

What happens to guarantee letters under zero-balance billing policy? MANILA, Philippines — For years, a single piece of paper — a guarantee letter from a politician — has been treated as a pass to medical care in public hospitals. Asked whether referral or guarantee letters from politicians would still be accepted under the current rules, Herbosa said they would. However, he stressed that the DOH does not require patients to secure guarantee letters from politicians, especially with zero-balance billing in place at public hospitals. Letters still entertainedHerbosa was less clear on whether a guarantee letter helps patients secure treatment, saying that while the law technically prohibits guarantee letters, “request” letters are still entertained.

January 09, 2026 06:30 UTC

DOF's Frederick Go takes seat on BSP Monetary BoardBSP Governor Eli Remolona with Finance Secretary Frederick Go during the latter’s oath-taking as a member of the Monetary Board. MANILA, Philippines — Finance Secretary Frederick Go has joined the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board. In a statement on Thursday, January 8, the BSP said that BSP Governor and Monetary Board Chairman Eli Remolona Jr. administered the oath of office to Go as the newest member of the Monetary Board. Go was designated by President Ferdinand R. Marcos Jr. to serve as the Cabinet secretary to the board, succeeding former finance secretary and current Executive Secretary Ralph Recto. The Monetary Board is responsible for formulating and implementing monetary policy and supervising the country’s financial system.

January 09, 2026 06:28 UTC

Alex sparkles in Auckland runMANILA, Philippines — Tennis sensation Alex Eala is on a roll in her opening gig in the new season. The Filipina juggernaut stamped her class on fellow rising star Petra Marcinko of Croatia, 6-0, 6-2, and barged into the quarterfinals of the 2026 ASB Classic singles yesterday at the ASB Tennis Center in Auckland, New Zealand. 53 and tournament fourth seed Eala was unforgiving, wiping out the former world junior No. The Chinese duo scored a 6-4, 1-6, 10-5 win over Isabelle Haverlag of the Netherlands and Maia Lumsden of Great Britain. On Tuesday, Eala endured two hours and 40 minutes of battle before getting past another Croatian in WTA No.

January 09, 2026 04:54 UTC

In a social media post, it detailed that the scholarship opportunity is for Filipinos who are planning to pursue a master’s or doctoral degree or conduct non-degree doctoral dissertation research in the US. Fulbright Philippines is a binational, non-profit organization established by the United States and Philippine governments to foster educational and cultural exchange between the two countries. For Filipino students looking to take further studies abroad, Fulbright Philippines announced that they're now offering scholarship programs in the US for the year 2027 to 2028. See the dates below:Jan. 10, 2026 – 10:00 a.m. (Zoom)Jan. 24, 2026 – 10:00 a.m. (In-Person)Feb. 12, 2026 – 7:00 a.m. (Zoom)March 14, 2026 – 10:00 a.m. (Zoom)April 11, 2026 – 10:00 a.m. (Zoom)You can register by scanning the QR codes they've provided. The online application portal will accept applications for the scholarship program until April 30.

January 09, 2026 04:27 UTC

Around 210,000 devotees join Traslacion earlyHundreds and thousands of devotees flock to Manila to join in the celebration of the Feast of the Black Nazarene on January 9, 2026. MANILA, Philippines — The crowd estimate for Traslacion 2026 reached around 210,000 people on the morning of Friday, January 9. (According to reports and drone-based crowd estimates, the number of devotees participating in the Traslacion has reached 210,000). The Traslacion has historically drawn millions of devotees. In 2025, the total number of devotees who participated in the Feast of the Black Nazarene reached 8.1 million, one of the highest figures recorded since the pandemic.

January 09, 2026 03:45 UTC

Dollar reserves hit $110.9 billion in DecemberBased on preliminary data from the central bank, the latest forex buffer remained higher by 4.3 percent than the $106.26 billion in December 2024, marking its third straight year of increase. After hitting $110.12 billion in 2020, the buffer declined to $108.79 billion in 2021 and $96.15 billion in 2022, before picking up to $103.75 in 2023 and to $106.26 billion in 2024. On a monthly basis, dollar reserves slipped by 0.3 percent from the $111.25 billion in November 2025. Ricafort said the relatively high level of reserves is important amid bouts of volatility in the local foreign exchange market. The BSP expects the country’s dollar reserves to hit $106 billion this year.

January 09, 2026 03:32 UTC

SM Supermalls has broadened its presence in Philippine pickleball with a rapid build-out of courts and programming designed to reach citywide audiences. By the end of 2025 the company operated 61 pickleball courts across 25 SM properties, the largest single-corporate footprint reported in the country. That scale is changing where and how people access courts, coaching, and organized play. The SM Pickleball Super Series is one anchor event for players looking to move from recreational play into competitive formats. Verify schedules and booking procedures with your nearest SM Active Hub to find coached sessions, socials and court availability in your city.

January 08, 2026 22:44 UTC

If you were hooked on the heart-pounding action of Train to Busan, director Yeon Sang Ho is back to haunt your dreams with his latest zombie film, Colony. The story follows a biotechnology researcher (Jun Ji Hyun) who attends a conference and later gets trapped inside a building after a mysterious, mutating virus breaks out. Together with a group of survivors, including a security guard (Ji Chang Wook), they must fight their way through a sudden zombie apocalypse. In the movie, Ji Hyun and Chang Wook are joined by actors Koo Kyo Hwan, Shin Hyun Been, Kim Shin Rok, and Go Soo. Meanwhile, the 2016 hit Train to Busan, followed a group of passengers fighting to survive a zombie apocalypse aboard a high-speed train.

January 08, 2026 21:00 UTC

US, China can balance roles in Venezuela, US energy chief saysU.S. Department of Energy Secretary Chris Wright and U.S. President Donald Trump look on during an event at the White House, in Washington, D.C., U.S., October 6, 2025.

January 08, 2026 20:34 UTC

Electrocuted Chinese sailor diesZAMBOANGA CITY , Philippines — Police authorities confirmed that the injured Chinese ship crew member who was electrocuted while aboard their dry bulk carrier has died hours after undergoing treatment in a local hospital here. The other crew managed to quickly cut off the electric power connecting the dispenser, according to the police. Marcos gave the order after maritime security analyst Ray Powell, director of SeaLight, alleged that Kang Ling 539 was operating under six different flags including the Philippines, China, Sierra Leone, S?o Tomé and Principe, and Panama. Based on documents, the vessel “was previously a Chinese vessel and was converted into a Philippine-flagged vessel. It has all the pertinent documents of a Philippine-flagged vessel,” Encina said.

January 08, 2026 19:01 UTC

Early childhood education gets 2026 budget boost – EDCOM 2EDCOM 2 said at least P57.8 billion was allocated to the Local Government Support Fund, which includes funds to cover the conversion of day care centers to child development center standards by fourth and fifth class municipalities. MANILA, Philippines — The Second Congressional Commission on Education (EDCOM 2) lauded the significant budgetary support for early childhood education under the 2026 General Appropriations Act (GAA). The 2026 budget also includes significant investments in upskilling of incumbent child development workers through a P226.9 million scholarship program under the Technical Education and Skills Development Authority. EDCOM 2 added that the government has also increased the Department of Social Welfare and Development’s Supplemental Feeding Program and the Department of Education’s School-Based Feeding Program. An additional 1.18 million learners in Grades 2 to 6 who are classified as wasted or severely wasted will also receive meals for the same duration.

January 08, 2026 18:33 UTC

Marcos Jr. inaugurates P2.3 billion Cagayan bridgeMANILA, Philippines — President Marcos yesterday inaugurated the P2.3-billion Camalaniugan Bridge in Alcala, Cagayan, which cuts travel time between the towns of Aparri and Ballesteros from one hour to 20 minutes. The 2.16-kilometer, two-lane bridge will serve as an alternative route to the Magapit Suspension Bridge, previously the only bridge that crosses the Cagayan River. Last year, Marcos inspected the bridge project, which is expected to serve approximately 6,000 commuters. Marcos said the bridge would boost trade, agriculture, logistics and tourism in Cagayan Valley, with residents feeling the economic effects sooner. “This will serve as a model for other bridge projects that we will be seeing around the country,” Marcos said.

January 08, 2026 17:31 UTC