Radyo5 92.3 News FM

DWFM, broadcasting as Radyo5 92.3 News FM, is a radio station owned by the Nation Broadcasting Corporation and operated by TV5 Network. It serves as the flagship station of the Radyo5 network, one of the assets of News5. The station's studio is located in TV5 Media Center, Reliance cor. Sheridan Sts., Brgy. Buayang Bato, Mandaluyong, while its transmitter is located in Block 3, Emerald Hills, Sumulong Highway, Antipolo. The station operates daily from 4:00 AM to 12:00 MN.

Overview
On November 8, 2010, after almost a month of test broadcast, DWFM made another first in the history of FM radio broadcasting in the Philippines, as the station flipped from a struggling CHR format, to a groundbreaking all-news radio as Radyo5 92.3 News FM; becoming the flagship station for a new radio network operated in conjunction with the news department of TV5 (which PLDT media subsidiary MediaQuest recently acquired a majority stake of in earlier in the year). At that time the station's studios moved again from Silver City Mall in Pasig to TV5 Studio Complex in Novaliches, Quezon City. The move came as part of a plan to expand TV5's news operation in order to become more competitive with the other major networks, which also included the launch of a news network on NBC's television stations, AksyonTV (which also simulcasts some of its programming until its shutdown in 2019). Most of the personalities are former anchors and reporters from different AM-radio stations in Mega Manila including Neil Ocampo, Laila Chikadora, Cheryl Cosim, Cristy Fermin (from DZMM), Raffy Tulfo, Nina Taduran, Ruel Otieco, JV Arcena (from DZXL), Arnell Ignacio, Shalala (from DZBB), Izza Reniva-Cruz (from Veritas 846), Zony Esguerra (from DZME) and TV5 news anchors Erwin Tulfo and Martin Andanar.

In less than six months under the new format, Radyo5 ranked as the fourth most listened to FM stations in Metro Manila. In March 2012, the Radio Research Council ranked Radyo5 as the number 1 news radio station in the market in a survey of motorists. Afterwards, in 2013, Radyo5 was declared again by the PSRC Car Coincidental Survey as the most preferred & listened FM station for public utility vehicles including Jeepney's, taxis and FX.

On December 23, 2013, Radyo5 studios (including News5) moved from the TV5 Studio Complex in Novaliches, Quezon City to their new home at TV5 Media Center in Reliance, Mandaluyong.

In 2017, series of budget cuts were imposed by TV5's management. Among those affected were Radyo5's overnight operations. The network changed broadcast times twice until February 16, 2018, when they made a stable daily 20 hour run (4:00 am until midnight), adding music content during early morning and late-night (except during radio coverage of doubleheader PBA game days).

Blocktime with One PH
After the shutdown of AksyonTV on January 13, 2019, the programs of Radyo5 began to air in a Cignal-exclusive "teleradyo" channel, One PH, which was initially launched on February 18 and officially launched on July 31. Coinciding with the said launch, Radyo5 was added with new studios and programs, and re-extended its weekday broadcast hours.

Starting August and September 2019, selected Radyo5 and One PH programs (Morning Calls, One Balita, One Balita Pilipinas, Wag Po! and Turbo Time with Mike and Lindy) begin its airing on either simulcast or delayed basis on The 5 Network as part of programming revamp spearheaded by TV5 Network's new CEO Jane Basas.

On March 17, 2020, Radyo5 along with One PH, temporarily suspended its regular programming as an effect of the Luzon-wide "enhanced community quarantine" against COVID-19. The radio station aired the special edition of One News Now and automated music throughout the day. However, regular programs resumed after a few months.

In December 2020, Cignal TV and Philstar Media Group took over the operations and programming of Radyo Singko respectively. With this development, some of the station's programs aired their respective final episodes during the final weeks of December 2020. On January 1, 2021, One PH's programming (except for overnight slots) have been integrated to the programming schedule of Radyo Singko. The new management also kept the radio coverage rights of PBA games.

Radio Stations
* Originating station. ** Relay from DWFM Manila.