(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Saturday, 07 July 2025) Trough of Tropical Storm {DANAS} (formerly "BISING") affecting Extreme Northern Luzon. Southwest Monsoon affecting the rest of the country. 𝗙𝗒π—₯π—˜π—–π—”π—¦π—§ π—ͺπ—˜π—”π—§π—›π—˜π—₯ π—–π—’π—‘π——π—œπ—§π—œπ—’π—‘: Light to Moderate rainshowers with lightning and strong winds are expected over #Bukidnon(Pangantucan, Libona, Baungon, CityOfMalaybalay, Cabanglasan, CityOfValencia), #AgusanDelSur(Loreto, Trento, SantaJosefa, Veruela, Bunawan, LaPaz), #SultanKudarat(Palimbang, Sen.NinoyAquino, Kalamansig, Lebak, Isulan, Bagumbayan), #SouthCotabato(LakeSebu), #DavaoCity, #AgusanDelNorte(Nasipit, Carmen), #MisamisOriental(Medina, Jasaan, Balingasag), #SurigaoDelSur(Lanuza, Carmen, Madrid, Cantilan), #DavaoDelNorte(Carmen, CityOfPanabo, BraulioE.Dujali, CityOfTagum, SantoTomas, NewCorella, Asuncion, SanIsidro, Kapalong), #DavaoDeOro(Pantukan, Mabini, Maragusan, Maco, Mawab, NewBataan, Nabunturan, Compostela, Monkayo, Laak), #Sarangani, #LanaoDelSur(TagoloanII, Maguing, Bumbaran, MarawiCity, Kapai, DitsaanRamain, BuadiposoBuntong), #Basilan(Lantawan, Maluso, CityOfIsabela), #LanaoDelNorte(Linamon, PantaoRagat and IliganCity) within the next 1-2 hours.


TOP STORIES – Wednesday, 18 October 2023

TODAY’S TOP STORIES (from online and print media monitoring)

18 October 2023, Wednesday, as of 5:00 p.m.

1. MAHARLIKA INVESTMENT FUND

Marcos suspends Maharlika fund implementation

-Maharlika IRR implementation suspended pending further study, says DBP head

-Suspension of Maharlika implementation a 'very good development,' says Pimentel

-Suspend Maharlika fund? Makabayan solon says it’s better to scrap it

-OSG ready to defend Maharlika fund’s validity in SC — Guevarra

-Salceda on Maharlika fund suspension: It's an IRR thing

-'I trust his instincts': Arroyo reacts to PBBM's suspension of Maharlika fund

[Rappler, Philippine Daily Inquirer, ABS-CBN News, GMA News, CNN Philippines, Daily Tribune, Manila Bulletin, Manila Times, BusinessMirror, Manila Standard]

https://www.rappler.com/business/marcos-suspends-maharlika-fund-implementation-further-review-october-18-2023/

2. Marcos’ foreign visits yield P427-B investments, says DTI official

-5 more business pledges from PBBM trips to bear fruit soon

-Germany dominates pledges in Marcos foreign trips

[Philippine Daily Inquirer, Manila Bulletin, Manila Standard, Daily Tribune, BusinessMirror, Abante, The Manila Times, Pilipino Star Ngayon, Pilipino Mirror]

https://newsinfo.inquirer.net/1847367/marcos-foreign-visits-yield-p427-b-investments-says-dti-official

3. FILIPINOS IN ISRAEL

-Filipinos from Israel, Gaza begin arriving

-Filipinos in Gaza face difficult choice: Flee or leave behind Palestinian family

-Egypt may open border for foreigners’ exodus from Gaza ‘any day now’: DFA

-18 agri scholars stuck in Israel now back in PH

-Akbayan urges PH gov't to prioritize safety of Filipinos affected by Israel-Palestine crisis

-AFP readies aircraft to evacuate Filipinos in Gaza

[The Philippine Star, Rappler, Inquirer, Manila Bulletin, ABS-CBN News, CNN Philippines]

https://www.philstar.com/headlines/2023/10/18/2304632/filipinos-israel-gaza-begin-arriving

4. Marcos wants immediate implementation of anti-money laundering, counter-terrorism financing strategy

[GMA News, Rappler, Inquirer, Manila Bulletin, Daily Tribune]

https://www.gmanetwork.com/news/topstories/nation/885521/marcos-wants-immediate-implementation-of-anti-money-laundering-counter-terrorism-financing-strategy/story/?just_in

5. PCG ANNIVERSARY

-BBM honors PCG teams in encounters with China

-Marcos vows to beef up Coast Guard capability in securing WPS

-Phl now defense-capable — Marcos

-Coast Guard to get 40 new patrol boats

-PBBM says government boosting PCG’s capability to secure PHL territory

[The Philippine Star, Manila Bulletin, Daily Tribune, Philippine Daily Inquirer, The Manila Times, ABS-CBN News, Daily Tribune, BusinessMirror, CNN Philippines]

https://www.philstar.com/headlines/2023/10/18/2304705/west-philippine-sea-defenders-honored-pcgs-122nd-anniversary

6. Defense chief Teodoro calls China a 'squatter' in West Philippine Sea

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

https://news.abs-cbn.com/news/10/18/23/teodoro-china-a-squatter-in-west-philippine-sea

7. Marcos appoints new PSG head

[GMA News, ABS-CBN News, Philippine Daily Inquirer, Manila Bulletin, Manila Standard, The Manila Times, People’s Tonight]

https://www.gmanetwork.com/news/topstories/nation/885461/marcos-names-jesus-morales-as-new-psg-chief/story/

8. HOUSE VS. EX-PRES. DUTERTE

-Party-list coalition backs Speaker Romualdez amid criticism over funds

-House defends confidential fund realignment

-Ex-president Duterte's tirades vs. House puzzling, says majority leader

-Duterte's statement on confidential, intelligence funds factual – Panelo

-No more immunity: Makabayan eyes legal action vs Duterte for death threat

-'Masama po ba yun?': Dalipe asks whats wrong with tapping confidential funds to protect PH interests in WPS

[GMA News, Manila Times, Manila Bulletin, The Philippine Star]

https://www.gmanetwork.com/news/topstories/nation/885501/party-list-coalition-backs-speaker-romualdez-amid-criticism-over-funds/story/

9. VP Duterte: Set budget issues aside, focus on hard times ahead

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

https://news.abs-cbn.com/news/10/18/23/vp-duterte-set-budget-issues-aside-focus-on-hard-times-ahead

10. HACKING

-Websites of Senate, House under attack

-Senate on alert after attack on website

-Lessons on PhilHealth, PSA hacks: Time to level up care for critical infrastructure

[PhilStar, Manila Times, Manila Bulletin, ABS-CBN News, Manila Standard]

https://www.philstar.com/headlines/2023/10/18/2304656/websites-senate-house-under-attack

11. DND to acquire three C-130

[Manila Times, Rappler, Manila Bulletin]

https://www.manilatimes.net/2023/10/18/news/national/dnd-to-acquire-three-c-130/1915219

12. Gov’t pressed to cooperate with ICC as Duterte admits using secret funds for EJK

[Inquirer, GMA News, CNN Philippines]

https://www.cnnphilippines.com/news/2023/10/18/makabayan-bloc-cooperate-icc.html

13.  PCC HAZING INCIDENT

- Police will sue 4 frat members for fatal hazing of criminology student

-QCPD chief condoles with family of hazing victim, vows to pursue all suspects

[Inquirer, Manila Bulletin, GMA News, PhilStar]

https://newsinfo.inquirer.net/1847319/police-will-sue-4-fraternity-members-for-fatal-hazing-of-criminology-student

© Philippine Information Agency Monitoring Unit