THE national government spent P1.216 trillion to pay its domestic and foreign debts from January to May this year, according to the Bureau of the Treasury (BTr).

STATE gaming firm Philippine Amusement and Gaming Corporation (Pagcor) announced its net income expanded by 121.48 percent to P6.56 billion from January to June this year, from P2.96 billion recorded in the same period in 2023, driven by increased gro...

AGRICULTURE Secretary Francisco Tiu Laurel Jr. said the government will expand its cheaper rice program to areas outside Luzon by August.

THE Senate Minority leader and a former ranking senator pushed at the weekend for urgent passage of a “designated survivor bill”  which had been left pending in the last Congress, but the absence of which could trigger a crisis in a worst-case scenari...

FORMER Senator Gregorio “Gringo” Honasan on Sunday called for the acquisition of military hospital ships under the modernization program of the Armed Forces of the Philippines (AFP), citing the need to boost the government’s disaster-readiness program...

THE P89.9 billion in excess funds of the Philippine Health Insurance Corporation (PhilHealth) being channelled to unprogrammed funds did not come from member contributions but government subsidies, and will be used to bankroll vital national governmen...

By Ma. Stella F. Arnaldo / Special to the BusinessMirror

THE Philippine Economic Zone Authority (Peza) said it approved P45.48 billion in investments in the first half of 2024, up 37.82 percent from the P33 billion investments it approved in the six-month period last year. 

Image credits: Jimbo Albano

IN today’s fast-paced and urbanized world, the value of green spaces cannot be overstated. Parks and open areas provide more than just a breath of fresh air in bustling cities—they contribute to the overall well-being of residents, help fight environm...

Conclusion

Some members of the local book community—readers, publishers, and authors—have reacted strongly to the “honest mistake” committed by the organizers of the Manila International Book Fair (MIBF). 

Part three

The once heavily polluted Pasig River is undergoing a remarkable transformation.  Thanks to the vision of First Lady Liza Araneta-Marcos, who is leading a high-level initiative to integrate urban planning with environmental sustainability, the river i...

The National Grid Corporation of the Philippines (NGCP) appealed to regulators to allow the company to recover its expenses for big-ticket projects following the energization at full capacity of the P20.94-billion Mariveles-Hermosa-San Jose Transmissi...

The Securities and Exchange Commission (SEC) has required listed firms to publish on their respective websites the minutes of their annual and special meetings within five days from the date of the event.

Camille Villar, daughter of billionaire Manuel B. Villar Jr., and Lance Gokongwei of JG Summit Holdings Inc., warned the public about unscrupulous groups using their names in their illegal activities.

The Department of Energy (DOE) has commenced the second bidding for the development of microgrid systems in the country. 

The Philippine Geothermal Production Company Inc. (PGPC) is embarking on the exploration and development of new geothermal energy sources capable of generating between 250 to 400 megawatts (MW) of additional renewable energy (RE).

Last week

Globe Telecom Inc. recorded a “significant decline” in blocked spam SMS messages in the second quarter of 2024, as fraudsters shifted tactics.

ISSUES such as procurement that hound public agencies, government financial institutions (GFIs) and state-run corporations, heighten risks of underspending, according to Budget Secretary Amenah F. Pangandaman.

AS technology, media and telecommunications (TMT) companies continue to innovate and expand, they are increasingly exposed to cyber threats and complex global regulatory requirements. Addressing these expanded cyber risks and complying with an ever-in...

DESPITE advanced economies’ sustainable debt trajectory, the rising debt servicing costs, social and defense spending and climate-related greening investments pose risks to fiscal sustainability, according to the Oxford Economics Group Ltd.

THE Bangko Sentral ng Pilipinas (BSP) is seen to lower interest rates more than previously forecasted and might start cutting rates in the third quarter of 2024, according to research analysts at Nomura International (Hong Kong) Ltd.

The country’s rice imports will reach a new record this year despite the spike in international quotations, according to a report published by the United States Department of Agriculture (DA). 

A registered Operator of Payment System (OPS) believes the credit gap in the Philippines is “big.”

The administration of President Ferdinand R. Marcos Jr. is steadfast in its commitment to enhancing farmers’ income and bolstering agricultural productivity, the National Irrigation Administration (NIA) said.

SPEAKER Ferdinand Martin G. Romualdez gave assurances on Sunday that the House of Representatives will prioritize the passage of the 2025 national budget, which is expected to be submitted to Congress by the Department of Budget and Management on July...

The “Young Guns” in the House of Representatives are calling for a congressional inquiry on Sunday after reports that the National Bureau of Investigation (NBI) discovered a “mill” producing fake birth certificates for Chinese nationals in a town in D...

Momentum builds up for effort to improve animal welfare law amid rising strays and rabies cases

THE Philippines has laid the groundwork to address employment issues, which can worsen if left unresolved. The National Employment Summit (NES) brought together partners and stakeholders to tackle labor market challenges and find solutions, noted the ...

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