You are here

Inquirer Breaking News

Subscribe to Inquirer Breaking News feed
Philippine News for Filipinos
Updated: 17 min 51 sec ago

NBA: Suns roll as Spurs drop 11th straight game

Mon, 12/05/2022 - 13:53
Deandre Ayton scored 25 points and grabbed 10 rebounds and Mikal Bridges added 20 points, 17 of them in a dominating first half, as the visiting Phoenix Suns produced a 133-95 win over the short-handed San Antonio Spurs on Sunday afternoon. Phoenix got back on track after having a six-game winning streak snapped by Houston at home on Friday. The Suns outscored San Antonio by 25 points in the second quarter behind Bridges' blistering showing from beyond the arc. They assumed a 30-point edge at the half and strolled to the finish, leading by as many as 44 points midway through the third period. https://twitter.com/Suns/status/1599550612437204992?s=20&t=_8ay3QRrYkc4AGj990cD7g ...

Keep on reading: NBA: Suns roll as Spurs drop 11th straight game
Categories: Breaking News

NGCP raises yellow alert for Luzon grid

Mon, 12/05/2022 - 13:48
MANILA, Philippines -- The Luzon grid was placed under yellow alert on Monday due to forced outages and derated capacities of several power plants, said the National Grid Corporation of the Philippines (NGCP). In an advisory, the NGCP said the Luzon grid would be under yellow alert from 1 p.m. to 4 p.m. and 5 p.m. to 7 p.m., as available capacity stands at 11,572 megawatts (MW). The peak demand, it noted, is at 10,548 MW. A yellow alert means power reserves are insufficient to cover the largest running generating unit at the time, according to the NGCP. READ: Luzon grid under red alert for 13 hours on Wednesday --- NGCP "Four plants are on a forced outage, while three othe...

Keep on reading: NGCP raises yellow alert for Luzon grid
Categories: Breaking News

NBA: Damian Lillard returns, Trail Blazers breeze past Pacers

Mon, 12/05/2022 - 13:46
Jerami Grant scored 28 points and Damian Lillard had 21 points and six assists in his return to the lineup as the Portland Trail Blazers cruised to a 116-100 victory over the visiting Indiana Pacers on Sunday night. Lillard missed the previous seven games due to his second right calf injury of the season. He was 5 of 10 from 3-point range and was 7 of 16 overall in 32 minutes. Anfernee Simons made five 3-pointers while contributing 22 points and six assists as Portland won its second straight game after losing seven of its previous eight. Jusuf Nurkic scored 19 points and Josh Hart added 11 points, 10 rebounds and three steals. https://twitter.com/NBA/status/1599631074048385...

Keep on reading: NBA: Damian Lillard returns, Trail Blazers breeze past Pacers
Categories: Breaking News

Romualdez sure soon-to-be-approved 2023 nat’l budget to help PH economy grow

Mon, 12/05/2022 - 13:38
MANILA, Philippines ---House of Representatives Speaker and Leyte 1st District Rep. Ferdinand Martin Romualdez said Monday that the proposed P5.268 trillion 2023 national budget will be approved soon and expressed certainty that the financial plan will help the economy grow. He stressed that the consolidated version of the 2023 General Appropriations Bill (GAB) supports the socioeconomic program of President Ferdinand Marcos Jr.'s administration. "With this budget, which is the first full-year spending plan proposed by the President, we hope to hasten our economic growth, which should benefit our people," said the House leader, who also congratulated members of the bicameral co...

Keep on reading: Romualdez sure soon-to-be-approved 2023 nat’l budget to help PH economy grow
Categories: Breaking News

Armageddon to wet lettuce: The phrases that defined 2022

Mon, 12/05/2022 - 13:37
  PARIS -- A year of extraordinary upheaval, from the war in Ukraine to catastrophic natural disasters, AFP looks at some of the words and phrases that have defined 2022. Armageddon With the war in Ukraine and increasingly strident threats from Russian President Vladimir Putin, the specter of nuclear warfare is stalking the globe for the first time in decades. "We have not faced the prospect of Armageddon since Kennedy and the Cuban missile crisis" in 1962, US President Joe Biden warned in October. Experts warned of the most dangerous situation they can remember, with fears not limited to Russia: North Korean nuclear saber-rattling has reached new heights, with the world br...

Keep on reading: Armageddon to wet lettuce: The phrases that defined 2022
Categories: Breaking News

2022: a year of living dangerously

Mon, 12/05/2022 - 13:17
    PARIS -- From the Russian invasion of Ukraine to the overturning of abortion laws in the United States, here is a roundup of the biggest events to mark 2022. War in Ukraine Russian President Vladimir Putin launches the biggest invasion in Europe since World War II when he sends troops into Ukraine on February 24 to "demilitarize and de-Nazify" the country, causing millions of Ukrainians to flee abroad. The West imposes unprecedented sanctions on Moscow and sends billions of dollars in aid to Ukraine, which repels Putin's bid to capture the capital, Kyiv, and topple the government of President Volodymyr Zelensky. In the south, however, Russian forces captur...

Keep on reading: 2022: a year of living dangerously
Categories: Breaking News

BTS’ Jin turns 30, goes live ahead of military service

Mon, 12/05/2022 - 13:15
BTS member Jin made an appearance on his 30th birthday on Sunday, Dec. 4, as he celebrated the occasion with fans through a livestream video. The South Korean star enjoyed his birthday cake with his trademark humor as he suddenly sliced it in half using his bare hand. Jin then tasted the icing left on his fingers and cheered for himself. Jin also spoke about his fellow band members and how they greeted him on his special day, as per an English translation of fan account @haruharu_w_bts on Twitter. According to him, all of them agreed to not give presents on each other's birthdays because giving out seven gifts every year is "a lot." https://twitter.com/613__haru/status/15993...

Keep on reading: BTS’ Jin turns 30, goes live ahead of military service
Categories: Breaking News

‘Her legend will live on’: Resolution honoring Sylvia La Torre filed in Senate

Mon, 12/05/2022 - 13:08
MANILA, Philippines --- A resolution honoring the life of legendary singer and Filipina icon Sylvia La Torre, was filed in the Senate on Monday. La Torre, dubbed the "First Lady of Philippine Television," and the "Queen of Kundiman," died peacefully in her sleep last December 1 in Los Angeles, California, as announced by her granddaughter, Filipino-American actress Ana Maria Perez de Tagle. The noted soprano and actress was 89. Under Resolution No. 338, Lapid sought to have La Torre'slegacy live on, citing over 300 songs that she wrote and recorded since starting her career in the 1950s. "Her artistry has transcended through time and has expired fellow artists that we al...

Keep on reading: ‘Her legend will live on’: Resolution honoring Sylvia La Torre filed in Senate
Categories: Breaking News

Philippines cuts 2023 GDP growth target to 6.0-7.0%

Mon, 12/05/2022 - 12:53
MANILA - ThePhilippineslowered its growth target for 2023 to 6 percent-7 percent, from 6.5 percent-8 percent, a government inter-agency panel said on Monday, factoring in the impact of a weak peso and high inflation. The government also revised its foreign exchange rate assumptions for 2022-2024. It now expects the peso to trade against the U.S. dollar at 54-55 in 2022 compared with the previous assumption of 51-53, at 55-59 in 2023, and at 53-57 in 2024, compared with the previous forecast of 51-55 for 2023 onwards. The growth target for 2024-2028 was maintained at 6.5 percent-8 percent, the Development Budget Coordination Committee (DBCC) told a media briefing. The peso has re...

Keep on reading: Philippines cuts 2023 GDP growth target to 6.0-7.0%
Categories: Breaking News

Sandro Marcos defends proposed Maharlika Investment Fund: It’s not a new idea

Mon, 12/05/2022 - 12:42
MANILA, Philippines --- Presidential son and Ilocos Norte 1st District Rep. Ferdinand Alexander "Sandro" Marcos has defended the proposed Maharlika Investment Fund (MIF), saying that such an idea has been floated by past administrations. Marcos, in an ambush interview Monday on the sidelines of the bicameral conference committee tackling the proposed 2023 national budget, said that similar sovereign wealth fund (SWF) bills had been filed during the administration of former presidents Benigno "Noynoy" Aquino III and Rodrigo Duterte. According to Marcos, Finance Secretary Benjamin Diokno, the former Bangko Sentral ng Pilipinas governor, was considering a similar proposal. Marcos also...

Keep on reading: Sandro Marcos defends proposed Maharlika Investment Fund: It’s not a new idea
Categories: Breaking News

Marcos admin considering mid-rise, high-rise condos for social housing

Mon, 12/05/2022 - 12:38
https://youtu.be/EqmOrS-FD_0 MANILA, Philippines --- President Ferdinand Marcos Jr. on Monday said his administration might change the concept of providing housing units to the country's poor in order to adapt to the changing of the times. In his speech at the turnover ceremony of 30,000 housing units in Naic, Cavite, Marcos said the government might explore building mid-rise to high-rise condominiums noting the lack of available lands, especially in urban areas. "Sa takbo nito, magbabago ang ating konsepto. Dati ang konsepto ay bahay at lupa. Ngunit, lalo na sa mga urban areas, wala nang lupa. Mahirap nang makahanap ng lupa," he said. (With the current times, the concept of ...

Keep on reading: Marcos admin considering mid-rise, high-rise condos for social housing
Categories: Breaking News

Yuan jumps past 7 per dollar as China eases some COVID curbs

Mon, 12/05/2022 - 12:30
SHANGHAI - China's yuan firmed past the closely watched 7-per-dollar level on Monday, hitting its strongest since mid-September, as Beijing eased some of its strict COVID-19 curbs, potentially attracting fresh foreign inflows. The Chinese currency was also bolstered by expectations of slower U.S. interest rate hikes, which knocked the dollar index to near five-month lows. But some warn that China's road for economic recovery could be bumpy and that the yuan will remain volatile. Potential "policy U-turns or worsening of the infections could be seen as opportunities to short" the currency, Maybank said in a note to clients. The onshore yuan jumped roughly 1.4 percent to as hig...

Keep on reading: Yuan jumps past 7 per dollar as China eases some COVID curbs
Categories: Breaking News

Pimentel ‘disappointed’ with restoration of P150 million DepEd confidential, intel funds

Mon, 12/05/2022 - 12:27
    MANILA, Philippines --- Senate Minority Leader Aquilino "Koko" Pimentel III was dismayed after the Bicameral Conference Committee restored the P150 million confidential and intelligence funds (CIFs) of the Department of Education (DepEd) on Monday. "Disappointing yan (That is disappointing). I will still need to get more details about the bicam report," Pimentel said in a statement. According to House appropriations panel chairman and Ako Bicol Representative Zaldy Co, the bicameral panel restored the P150 million CIFs to prevent students from being recruited into scrupulous groups. "Well, that's the decision of the House na ituloy because mahirap na 'yon...

Keep on reading: Pimentel ‘disappointed’ with restoration of P150 million DepEd confidential, intel funds
Categories: Breaking News

New Zealand announces review of its handling of COVID-19 pandemic

Mon, 12/05/2022 - 12:01
  WELLINGTON -- The New Zealand government said on Monday it would launch an inquiry into the country's handling of the COVID-19 pandemic so future governments could learn from the experience. A Royal Commission, a public inquiry of the highest level in New Zealand, would look at the overall response, the government said in a statement. That would include considering economic measures, such as fiscal and monetary policy responses but without reviewing particular central bank decisions. The aim would be identifying lessons that could be applied in a future pandemic. "It had been over 100 years since we experienced a pandemic of this scale, so it's critical we compile ...

Keep on reading: New Zealand announces review of its handling of COVID-19 pandemic
Categories: Breaking News

AbaCore gets IP consent to monetize coal assets

Mon, 12/05/2022 - 11:54
Listed holding company AbaCore Capital Holdings Inc. is a few steps away from cashing in its coal asset in Surigao del Sur after obtaining a necessary regulatory approval. AbaCore said in a disclosure its subsidiary Abacus Coal Exploration and Development Corp (Abacoal) secured a certification of precondition from the National Commission on Indigenous Peoples. This means Abacoal complied with the procedure and process requirements in securing the free and prior informed consent of the Manobo indigenous cultural communities residing in the towns of Marihatag, Cagwait, Tago and Bayabas. "We are pleased to hear that the indigenous peoples in Surigao del Sur have accepted our plan t...

Keep on reading: AbaCore gets IP consent to monetize coal assets
Categories: Breaking News

Bicam allots additional P10 billion for damaged schools, bridges repair

Mon, 12/05/2022 - 11:52
  MANILA, Philippines --- The Bicameral Conference Committee allotted an additional P10 billion to repair schools and bridges damaged by calamities. According to the House appropriations panel chairman and Ako Bicol Representative Zaldy Co, the Department of Public Works and Highways (DPWH) will handle the repairs. "We put another P10 billion for the repair of the bridges na nasira sa calamity and also for the repair of school buildings which have been damaged two years ago pa 'yung sa Odette sa Siargao, sa Dinagat and now, with the recent typhoon," he told reporters Monday on the sidelines of the committee's reconciliation on the disagreeing provisions of the 2023 Gene...

Keep on reading: Bicam allots additional P10 billion for damaged schools, bridges repair
Categories: Breaking News

Chinese astronauts return to earth after ‘successful’ six-month mission

Mon, 12/05/2022 - 11:51
  BEIJING -- Three Chinese astronauts landed back on earth on Sunday on board the re-entry capsule of the Shenzhou-14 spacecraft, state broadcaster CCTV reported, bringing to an end a six-month mission on China's space station. The three astronauts - commander Chen Dong and teammates Liu Yang and Cai Xuzhe - who had been overseeing the final, pivotal period of construction at the space station, which was completed in November, all said they were feeling well after landing in audio aired on CCTV. The capsule landed at the Dongfeng site in north China's Inner Mongolia Autonomous region at 8:09 p.m. (1209 GMT), with staff from the space agency declaring the entire mission,...

Keep on reading: Chinese astronauts return to earth after ‘successful’ six-month mission
Categories: Breaking News

EdgePoint aims to double cell sites in 5 years

Mon, 12/05/2022 - 11:49
The local unit of EdgePoint Infrastructure is looking at possibly doubling its mobile network tower asset portfolio in the next five years, banking on the growing demand for data usage with the rise of 5G technology. Suresh Sidhu, CEO of the independent tower company, told the Inquirer in a recent interview that based on history, they "probably could double in five years, just taking into account how many sites will be here." "If we can do it faster, we'll gladly do it faster," he added. Edgepoint, through its local subsidiary Comworks Infratech Corp., entered the Philippine market following the purchase of PLDT Inc.'s 2,934 telecom towers back in April via a P35-billion deal. ...

Keep on reading: EdgePoint aims to double cell sites in 5 years
Categories: Breaking News

New Zealand plans law to require Facebook, Google to pay for news

Mon, 12/05/2022 - 11:47
  WELLINGTON -- The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc's Google and Meta Platforms Inc to pay New Zealand media companies for the local news content that appears on their feeds. Minister of Broadcasting Willie Jackson said in a statement on Sunday that the legislation will be modeled on similar laws in Australia and Canada and he hoped it would act as an incentive for the digital platforms to reach deals with local news outlets. "New Zealand news media, particularly small regional and community newspapers, are struggling to remain financially viable as more advertising moves online," Ja...

Keep on reading: New Zealand plans law to require Facebook, Google to pay for news
Categories: Breaking News

Cops nab 4, seize truckload of ‘hot’ coco lumber in Quezon province

Mon, 12/05/2022 - 11:46
LUCENA CITY --- Police arrested four persons early Monday, Dec. 5, for allegedly transporting illegal coconut lumber in a truck in Tayabas City in Quezon province. Quezon police reported that a truck, which they intercepted around 1:30 a.m. at a checkpoint in Barangay Mayuwi, was loaded with freshly sawn coconut lumber totaling around 5,000 board feet (11.79 cubic meters). The police said the driver, Neil Gasmen, and his helpers, Webo Ramos, Ryan Santos, and Micheal Egliane, failed to produce a permit from the Philippine Coconut Authority (PCA) for the cargo, which prompted the authorities to confiscate the hot lumber and impound the vehicle. The confiscated lumber was worth...

Keep on reading: Cops nab 4, seize truckload of ‘hot’ coco lumber in Quezon province
Categories: Breaking News

Pages