January 2 – The tailings dam breaks at Number Two tailings storage facility of Philex Mining Corporation's Padcal mine inBenguet Province, releasing 80 million cubic metres of effluent, probably the largest tailings spill in history.[1]
May 25 – InPepsiCo's promotionNumber Fever, the winning number "349" is announced with a million-peso prize; however, an error causes more than 600,000 winners; several violent incidents followed. By following year, about 22,000 people filed more than five thousand lawsuits against Pepsi, outnumbering those against former Pres.Ferdinand Marcos andImelda Marcos. In 2006, a court would rule in favor of Pepsi.[4][5]
Subic Bay Metropolitan Authority is formed by virtue of Republic Act 7227, known as the Bases Conversion and Development Act of 1992.
Subic Bay Naval Base closes as it is turned over to the local government, with a last batch of American soldiers finally leavingNaval Air Station Cubi Point and returning to the US, ending its military presence in the country.[9]
As per Executive Order No. 292, chapter 7 section 26, the following are regular holidays and special days, approved last July 25, 1987.[10] Note that in the list, holidays inbold are "regular holidays" and those initalics are "nationwide special days".
February 21 –Associated Broadcasting Company (ABC 5) resumes its radio-television operations with their slogans for station IDCome Home to ABC until the last day of July andCatch Up with Today TV in the first day of August.
July 25–August 9 – ThePhilippines compete at the1992 Summer Olympics inBarcelona, Spain. At least 26 competitors, 24 men and 2 women, took part in 29 events in 9 sports.[11] Stephen Fernandez andBeatriz Lucero, both win a bronze medal intaekwondo, but their medals are not included in the official medal tally as taekwondo was only a demonstration event.
^J., Davide (August 28, 2000)."PEOPLE VS. ABELLA".Digest | Philippines Law Made Easy - Decisions, Laws, Case Digests, Reviewers, Bar Exams, Legal Dictionary.Archived from the original on January 20, 2021. RetrievedMay 14, 2021.
^Albor, Teresa (November 24, 1992)."US Leaves Toxins At Subic Navy Base".Christian Science Monitor. Archived fromthe original on September 26, 2015. RetrievedApril 21, 2021.The 40,000-acre Subic Bay naval complex, which Washington will turn over to Manila today, had been operated by the US for almost a century until the Philippine Senate rejected a new agreement and then-President Corazon Aquino requested full US withdrawal by the end of December 1992.
