(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Saturday, 20 December 2025) Intertropical Convergence Zone (ITCZ) affecting southern Mindanao. Northeast Monsoon affecting Northern and Central Luzon. Caraga, Davao Region, Sarangani, South Cotabato, Basilan, and Tawi-Tawi will have cloudy skies with scattered rains and thunderstorms caused to ITCZ. Possible landslides or flashfloods due to moderate to at times heavy rains. Rest of Mindanao will be partly cloudy to cloudy with isolated rainshowers or thunderstorms due to Easterlies. Possible flash floods or landslides during severe thunderstorms. Light to moderate winds from the east to northeast with slight to moderate seas (0.6 to 2.5 meters).


TOP STORIES – Wednesday, May 31, 2023

TODAY’S TOP STORIES (from online news monitoring)

31 May 2023, Wednesday, as of 5:00 p.m.

Photo by ANNA FELICIA BAJO

1. Maharlika Investment Fund

-Marcos assures public: State pension funds out in Maharlika

-NEDA’s Balisacan: Maharlika fund won’t increase PH debt

[Inquirer, CNN PHL, GMA News, Daily Tribune, ABS-CBN News, Philstar]

https://www.gmanetwork.com/news/money/economy/871634/marcos-no-intention-of-using-pension-funds-as-seed-funds-for-maharlika/story/

2. Degamo successor Guido Reyes dies; VG Sagarbarria takes place

[ABS-CBN News, Rappler, GMA News, CNN PHL, Inquirer, Manila Bulletin, Inquirer]

https://news.abs-cbn.com/news/05/31/23/degamo-successor-guido-reyes-dies

3. PHL debt balloons to record high P13.91T as of end-April 2023

[Inquirer, ABS-CBN News, GMA News, CNN PHL]

https://www.gmanetwork.com/news/money/economy/871629/ph-debt-balloons-to-record-high-p13-91t-as-of-end-april-2023/story

4. Marcos to Inday Sara on her 45th birthday: Ignore the ‘tambaloslos’

[Inquirer, Manila Bulletin, GMA News]

https://news.abs-cbn.com/news/05/31/23/ignore-the-tambaloslos-marcos-tells-vp-sara-on-her-birthday

5. Oriental Mindoro radio broadcaster shot dead; TF formed

[ABS-CBN News, DZBB, CNN PHL, Inquirer, Rappler, Manila Bulletin]

https://www.cnnphilippines.com/regional/2023/5/31/Oriental-Mindoro-radio-broadcaster-shot-dead

6. Appointment

-DOTr names comms exec Hector Villacorta as LTO officer-in-charge

-Ex-DOTr chief, 85 other AFP officers secure CA nod

[ABS-CBN News, GMA News, Rappler, Inquirer]

https://newsinfo.inquirer.net/1777384/dotr-names-comms-exec-hector-villacorta-as-lto-officer-in-charge

7. BSP expects May inflation to cool down further to 5.8% or stay at 6.6%

[Inquirer, ABS-CBN News, GMA News]

https://www.gmanetwork.com/news/money/economy/871630/bsp-expects-may-inflation-to-cool-down-further-to-5-8-or-stay-at-6-6/story/

8. PBBM tells VP Sara: Don’t mind shameless people

[GMA News, Manila Times, Inquirer]

https://newsinfo.inquirer.net/1777453/bongbong-marcos-tells-vp-sara-please-dont-mind-shameless-people

9. Court of Tax Appeals affirms acquittal Ressa and Rappler of their tax evasion cases

[Rappler, CNN PHL, Philstar]

https://www.philstar.com/headlines/2023/05/31/2270466/tax-appeals-court-affirms-ressa-rappler-holdings-corp-acquittal

10. DOJ, EU agency to establish working arrangements vs transnational crimes

[GMA News, Philstar, Manila Bulletin]

https://www.philstar.com/headlines/2023/05/31/2270445/doj-eu-agency-establish-working-arrangements-vs-transnational-crimes

© Philippine Information Agency Monitoring Unit