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 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.
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).
August 9 - at 19.00 (7:00 PM) local time, ABC-5 was rebranded as TV5 and launched its new programs. However, despite the name change, the corporate name will still be Associated Broadcasting Company and Tonyboy Cojuangco will remain its CEO.
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.