📰 News & Current Affairs

All about major events in the Philippines and all over the world.
Good morning, mga hampaslupa
! Feel n’yo ba ang dami ng pera na nasa mga banko at financial institutions natin ngayon? Pero bakit 12.9 million Filipino families still consider themselves poor? Eto din kaya ang dahilan bakit nasabi ni Gadon na ‘haka haka’ lang daw yung kahirapan sa Pinas? For context: Our nominal GDP in 2023 stood at roughly USD416 billion so at an exchange rate of ₱58 to $1 translates to about ₱24 trillion. Now there’s ₱32 trillion in our financial system 94% of which are in our biggest commercial and universal banks. To illustrate the magnitude of this eye popping figures we shall take it’s ratio relative to our nominal GDP in Philippine Peso terms at ₱24 trillion. Our financial system dominated and controlled by the biggest banks now...
Gadon Found Guilty
JUST IN: Supreme Court says it has found Presidential Adviser for Poverty Alleviation Larry Gadon guilty of gross misconduct for committing perjury and making accusations based on hearsay. The SC noted that a complaint was filed before the Integrated Bar of the Philippines seeking Gadon’s disbarment for falsehoods in an impeachment complaint he had filed against then de facto Chief Justice Maria Lourdes Sereno before the House of Representatives. | via Adrian Ayalin, ABS-CBN News
Dost häçker leaked files on darkweb
A user on a cybercriminal alias ph1ns seems to be one of perpetrator of the dost häçking. Yesterday april 2 2024 they released sample data of the breached file. it is unknown if they were able to häçk dost again or this was the previous data stolen back on sept 2023. the size of the stolen data reach terabytes but the released files were only gigabytes of data. the user said on the forum that they would be releasing more. they seemed to be part of a team called opEDSA and their members also have leaked several documents both from private company and from the government caption regarding the user post on the cybercriminal forums are as follow: Hidden content #darkwebnews #phhäçkers
Tarlac execs defend mayor Alice Guo
TARLAC CITY, Philippines — Alice Guo is a “very good person.” She is “helpful and easy to get along with.” So said the president of the League of Municipalities of the Philippines (LMP) in Tarlac province, who came to the defense of Guo, the chapter’s treasurer, when interviewed about the embattled Bamban mayor who is accused of being a Chinese spy. “We don’t have any problem with her. Progress has come to the sleepy town of Bamban,” said Tarlac’s LMP president, Mayor Estelita Aquino of Moncada town. Tarlac execs defend Bamban mayor
ABS-CBN Franchise may possibly be restored in 2024
There is a strong possibility that ABS-CBN’s franchise may be reinstated this year, according to insights gathered from discussions with various prominent media figures. Ongoing efforts are reportedly being made to secure the network’s franchise, with the upcoming national elections being seen as a significant factor that could contribute to the potential revival of the broadcasting giant’s license. Sources point to statements made by ABS-CBN executives during the corporate celebrations held in December 2023. ABS-CBN President Carlo Katigbak E×ρréššed confidence in the network’s future, boldly stating that the upcoming year would be the best since 2020. While the specific details of ABS-CBN’s comeback strategy have not been...
Grabeh pala yung Alice Guo issue  (napanood ko na)
napanod ko na po .. Ano kaya mangyayari if mapatunayan na chinese si alice guo .. ano mangyayari .. andaming butas sa sagot nya sa hearing .. Ano mangyayari sa issue na toh .. papaalisin ba sya sa pinas .. o parang hearing hearing lang tapos mawawala na lang yung issue .. Anlaki na pala nung pag aari halos lahat ng chinese citizen sa tarlac .. anlalaki ng building , mga nag ma may ari mga chinese ..
Philippines deports 165 suspected scammers to China
The Philippines said Wednesday it had deported 165 Chinese citizens it accused of working in an online scam centre based in the north of the country. The group were flown to Shanghai on Tuesday and forever barred from returning to the Philippines, the immigration bureau said in a statement. The deportees were among hundreds of employees, Filipino and foreign, rounded up by an anti-crime government task force in a raid of an office compound in the northern municipality of Bamban on March 14. The 165 were involved in “scamming activities” and did not have proper travel documents, making them “undesirable aliens”, the immigration statement said. After the raid, the authorities said some of the workers were forced into it and “were...
WPS issue = Smokescreen on real PH problems
"The Marcos administration wants to constantly escalate maritime tensions to create an external enemy to alleviate the political pressure on it due to high inflation, unemployment and drug problems," China warns Philippine vessels for illegally entering waters in South China Sea yung 20 peso na bigas? totoo yun, kita nyo tumaas ng 20pesos ang isang kilo ng bigas, dati ~40 vs ~60 na ngayon taasan din lahat ng bilihin sa palenke, prutas, gulay, karne, grocery drugs? ask mo sila, alam nila saan makakabili nyan, baka may discount pa, bumaba na presyuhan, mga tambay malapit samin tumitira habang nagbabasketball
Canadian in P9.68 billion shabu haul nabbed
MANILA, Philippines — A Canadian tagged as the prime suspect in smuggling 1.4 tons of shabu worth P9.68 billion seized in Alitagtag, Batangas last month was arrested in Tagaytay on Thursday night. Thomas Gordon O’Quinn was apprehended by intelligence operatives of the National Capital Region Police Office, Calabarzon police and Bureau of Immigration at a spa in Barangay Maitim II. O’Quinn, also known as James Toby Martin, was arrested based on a red notice alert from the International Criminal Police Organization for conspiracy to possess, export and distribute îllégâl drugs into the US. Authorities said the suspect was found in possession of undetermined quantities of shabu, cocaine and Ecstasy tablets aside from 14 identification...
Padilla wants Senate hearings on 'Balikatan gains'
Members of the Armed Forces of the Philippines and the United States Marine Corps conduct a live-fire exercise against an imaginary enemy target facing the West Philippine Sea at the Laoag Sand Dunes on May 6, 2024. Jonathan Cellona, ABS-CBN News/File MANILA — Sen. Robinhood Padilla wants his panel to conduct a hearing on the Balikatan Exercises between the Philippines and the United States to better inform Filipinos about its benefits. Padilla, who chairs the Committee on Public Information and Mass Media, filed Senate Resolution 1026 that seeks a hearing on the matter by the panel to inform the public of the success of Balikatan 2024. "It is important that every Filipino would understand the Balikatan Exercise, the need for it, the...
No more candidate substitution due to withdrawal after COC deadline'
Commission on Elections Chairperson George Erwin Garcia (Noy Morcoso/ Inquirer.net file photo) MANILA, Philippines — The substitution of candidates after the last day of filing of certificates of candidacies (COC) will no longer be allowed if the substitution is due to the candidate’s withdrawal, Commission on Elections (Comelec) Chairman George Erwin Garcia said on Wednesday. Garcia said the Commission En Banc approved his proposal to ban substitution after the last day of filing COCs on grounds of withdrawal from candidacy. “Unanimous po, pumayag ang ating Commission En Banc sa naging proposal ng inyong lingkod na wala nang substitution after ng last day ng filing ng candidacy, which is October 8, kung ang ground ay withdrawal ng...
Over P648,000 worth of meth seized from 2 suspects in Quezon drug busts
INQUIRER file photo LUCENA CITY — Police arrested two alleged drug pushers early Sunday (April 14) and seized more than P648,000 worth of shabu (crystal meth) in separate buy-bust operations in Quezon. Colonel Ledon Monte, Quezon police chief, reported that anti-îllégâl drugs operatives nabbed at 2:17 a.m. a certain “Inok,” 29, after he sold P1,000 worth of shabu to a police agent in Barangay (village) Isabang. Authorities confiscated from the suspect, reportedly a newbie in the îllégâl drug trade, three plastic sachets containing 26 grams of meth worth P176,800, per the estimate of the Dangerous Drugs Board. It is worth P530,400 in the street market at the prevailing price of P20,400 per gram, the report said. The police also...
TAX & BUSINESS-RELATED NEWS [MAY 7-13]
Prime Foods Acquires Filipino Instant Coffee Brand [Esquire, May 13, 2024] Mega Prime Foods, a subsidiary of the company behind Mega Sardines, now owns Jimm's Coffee Mix. https://www.esquiremag.ph/money/industry/mega-prime-foods-acquires-jimms-coffee-mix-a7943-20240513#:~:text=Mega%20Prime%20Foods%2C%20Inc.%20%28MPFI%29%20has%20made%20its,the%20coffee%20brand%E2%80%94from%20manufacturing%20to%20the%20products%20itself. BCDA to start disposition of Market! Market! in 2025 [GMA News Online, May 13, 2024] The Bases Conversion and Development Authority (BCDA) is planning to redevelop the Market!Market! area into a mixed-use property in the next two years with the disposition of the asset starting in 2025, as the agency seeks maximum...
Expel Chinese embassy execs over phone wiretap  Gibo
Defense Secretary Gilbert Teodoro Jr. called on the Department of Foreign Affairs yesterday to investigate how unnamed people in the Chinese embassy in Manila allegedly recorded a supposed phone conversation between a Chinese diplomat and a top Armed Forces official discussing a so-called new model agreement on rotation and resupply missions to Ayungin Shoal in the West Philippine Sea last January.
Pagcor told to tighten up on POGOs
(INQUIRER file photo / MARIANNE BERMUDEZ) MANILA, Philippines — The Presidential Anti-Organized Crime Commission (PAOCC) on Wednesday told the Philippine Amusement Gaming Corporation (PAGCOR) to step up its regulatory powers and monitoring of Philippine Offshore Gaming Operators (POGOs). PAOCC Spokesperson Winston Casio said this after the agency shut down an îllégâl hospital in Pasay City, allegedly catering to POGO workers. “Really the bottom-line is the Philippine Amusement Gaming Corporation must step-up in its regulatory powers – they have to go beyond mere inspection,” said Casio at the Bagong Pilipinas Ngayon public briefing. Casio said that POGOs should not be allowed to operate on a provisional licenses. The Bureau of...

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