March 6: Several members of Congress call for an investigation into a 2004 joint oil exploration agreement between the Philippines, China and Vietnam over the disputed Spratly Islands, claiming that the agreement was unconstitutional and infringed on national sovereignty.
March 6: Filipino authorities announce the arrest of three men from Jordan and Indonesia in connection with an alleged plot to bomb the United States embassy and three other foreign missions in Manila. Two other suspects in the plot were later arrested in Boracay.
May 19: The Manila Police District said that the bank robbers responsible for the murders in Paco, Manila and in Cabuyao, Laguna are the same. They also believed that the bank robbers are former members of the Armed Forces of the Philippines.
May 27: The Manila Electric Company held its tension-filled annual stockholders meeting, which lasted for more than 13 hours, making it the longest stockholders' meeting in Philippine corporate history.. The head of the state pension fund Government Service Insurance SystemWinston Garcia filed a motion to the Securities and Exchange Commission to suspend the stockholders' meeting after it questioned the proxy votes in favor of the Lopez family. The MERALCO board proceeded with the company's stockholders' meeting, defying a cease and desist order issued by the Securities and Exchange Commission after it questioned the authenticity of the injunction order. After the rally and resistance of the stockholders against the bloc of Winston Garcia, the Lopez family retained control of MERALCO. The stockholders awarded five board seats to its representatives and only four seats to the representatives of the government. It took independent auditor SGV and Co. seven hours to come out with the results of the voting.
June 8 Ces Orena-Drilon, news anchor of ABS-CBN's late night television program Bandila, together with her crew and a Mindanao university professor, was initially reported to have been kidnapped by the Abu Sayyaf in Maimbung, Sulu, by the rebel group Abu Sayyaf.
June 10 ABS-CBN management issued an official statement, saying that Drilon and her crew are missing in Sulu.
June 11 ABS-CBN management confirmed that Drilon and her crew have been kidnapped for ransom in Sulu but declared that it "will abide by its policy not to pay ransom because this would embolden kidnap for ransom groups to abduct other journalists..."
June 12 Angelo Valderama, the assistant cameraman from Drilon's crew, was released. The abductors named Indanan, Sulu mayor Alvarez S. Isnaji as their emissary in the ongoing negotiations for the other captives' release.
June 16 The kidnappers Abu Sayyaf issued an ultimatum. The rebel group demanded for ransom amounting to P15 million by noontime of June 17, in exchange for the release of Drilon, Encarnacion and Dinampo.
June 17 The Abu Sayyaf extended their deadline for the ransom payment. Later during the day, PNP Chief Avelino Razon said that Drilon and the other hostages are expected to be released within the next few hours. Drilon and the hostages were freed shortly before midnight.
June 18 Ces Drilon and her crew were taken to Jolo, Sulu. Afterwards, they were brought by the Philippine army to Zamboanga city for a press conference. Philippine Senator Loren Legarda joined the released hostages and was reported to be the negotiator to the Abu Sayyaf. Legarda and the released hostages flew afterwards to Manila for another press conferences, and were brought to The Medical City afterwards for medication.
June 19 PNP declared the Isnajis as suspects in the kidnapping of Drilon, her crew, and Dinampo.
June 19: Typhoon Frank made landfall in eastern Samar in the central Philippines and travelled northwest over the islands. Fengshen was initially forecast to go through Bicol Region but later on shifted its course further westward, eventually going towards the direction of Mindoro Province. However, before even reaching Mindoro it again shifted its direction northward towards the direction of Metro Manila, mainly because of the weakening of the High Pressure area system in the northern part of the Philippines.
June 21: The ship MV Princess of the Stars, owned by Sulpicio Lines that carried 626 passengers and 121 crew members, stalled in rough seas near Sibuyan Island in the central Philippines. The ship left Manila Saturday morning. Typhoon Frank caused the ship to sink, though it was previously reported that the ship experienced engine failure.
June 22: Typhoon Frank crossed Metro Manila between 5 am and 6 am Sunday.
June 24: President Gloria Macapagal-Arroyo and US President George W. Bush had a meeting at the Oval Palace in White House as part of the Philippine President's 10-day working visit in the USA. Issues on oil and food prices and terrorism were reportedly discussed in their meeting.
June 29: President Gloria Macapagal Arroyo met with Republican White House Presidential candidate John McCain. The President expressed her gratefulness to the latter's support for the approval of the Veterans Equity bill. Other issues like terrorism in Mindanao were also discussed.
July 24: President Gloria Macapagal Arroyo appointed former Senator Ralph Recto as the socioeconomic planning secretary and director general of the National Economic and Development Authority (NEDA).
July 25 - a QantasBoeing 747 operating Flight 30, headed from London to Melbourne with a stop at Hong Kong, made an emergency landing at the Manila airport. A gaping hole on the belly near the right wing was torn from the fuselage in mid-air when a large piece of what appeared to be canvas and a red piece of insulation material stuck out of the fuselage, pushed by an oxygen tank explosion. The 747 was carrying 356 passengers and 19 crew, but there were no reported injuries or fatalities.
July 28: President Gloria Macapagal Arroyo delivered her eight State of the Nation Address (SONA).
July 29 – According to Philippine National Police official and an ABS-CBN television report, a packed commuter bus strayed into an oncoming lane, and crashed head-on collide with another bus at Pamplona, Camarines Sur, Philippines, at least eleven dead and injuring twenty-nine.
July 31: Fitness.Fashion, a catwalk team-up between some of the country’s top designers and best-selling activewear brands, at the Rigodon Ballroom of the Peninsula Manila in Makati City, sponsored by Samsung and Inquirer Lifestyle
August 30- The Eraserheads had their reunion at the Fort Bonifacio City Open Grounds in Taguig City. Its a one night concert but after the 1st set(which they play only 15 songs) the concert had to be cut short because of Ely Buendia's worsing health condition and he was sent to the hospital.The media hailed the event a "concert of the year" in 2008 even if the event cut short.
October 8: ABS-CBN celebrates its 55th anniversary and unveils the TV plug "Beyond Television", describing ABS-CBN's transformation from a small television network in 1953 into a full-fledged media conglomerate with businesses beyond television.
October 13: Jollibee celebrates its 30th anniversary.
November 1 – 7 people were killed and more than 30 passengers injured, in a head-on collision between an overtaking packed passenger Fermina Express bus and a Toyota Revo utility vehicle along the North Luzon Expressway, near Sta. Ines, Mabalacat, Pampanga. Some of the fatalities' bodies were dismembered in the gruesome tragedy.
November 19: The House Committee on Public Order and Safety launched its own investigation into the "euro generals". Nueva Ecija Representative Rodolfo Antonino, panel chairman, said that the panel has sent out invitations to all police officers who went to Russia, retired national Police comptroller Eliseo de la Paz and Local Governments Secretary Ronaldo Puno. Also invited were Budget and Management Secretary Rolando Andaya and a senior representative from the Commission on Audit.
The panel is also reviewing reports of the Philippine National Police and the Napolcom.