My favorite news program is On the Spot, hosted by Vic de Leon Lima and Toni Aquino. The news items come in swiftly, and the broadcasters do not have to resort to small talk and banter like other broadcasters do while waiting for news bits to come in--if and when they come in.
This news program is the epitome of news "as it happens, where it happens". It covers events that are happening at the same time in different parts of the country. It is straightforward, urgent, and immediate, and is a perfect utilization of air time.
I wish it would be broadcast everyday, including Saturday and Sunday, to keep everyone well-informed.