Ma. Stella F. Arnaldo / Special to the BusinessMirror

In the flooded streets of Barangay Buhangin, Butuan City, children turn adversity into a playground, engaging in playful activities amid the rising waters.

THE restrictive provisions of the 1987 Constitution have stymied the country’s economic development for decades, according to a former socioeconomic planning secretary.

MORE Filipinos are expected to avail themselves of loans this year as the Philippine economy continues to improve, according to an executive of the Bank of the Philippine Islands (BPI).

THE Department of Agriculture (DA) said the price of galunggong (round scad) and other pelagic fish are expected to drop by 30 percent with the end of the fishing ban in parts of Visayas and Mindanao.

SENATE President Juan Miguel F. Zubiri assured the Filipino people on Monday that the Senate will work for “the best possible outcome for the people” as it deliberates on the proposals to amend certain economic provisions of the 1987 Constitution.

To celebrate the upcoming Chinese New Year on February 10, 2024, and pay homage to Binondo’s 430th year as the oldest Chinatown globally, a mall in Binondo, Manila, introduces a captivating 500-foot dragon installation crafted by artist Leeroy New.

THE Bureau of Customs (BOC) is on the hunt for two allegedly smuggled luxury sports cars amounting to P330 million, which did not go through regular customs clearance.

TWO-HUNDRED and eighty-four lawmakers from the supermajority of the House of Representatives adopted House Resolution (HR) 1562 on Monday, declaring their strong support for Speaker Ferdinand Martin G. Romualdez and highlighting the chamber’s commitme...

The Department of National Defense (DND) on Monday said that it is prepared to carry out its mandate in securing Philippine sovereignty and territory “external or internally.”

The chairman of the Senate Committee on Constitutional Amendments filed on Monday a resolution seeking to finally address the long-standing issue of whether the Senate and House of Representatives should vote separately or jointly in amending the 1987...

KAWIT, CAVITE—The National Historical Commission of the Philippines (NHCP), together with the Municipality of Kawit, will spearhead the simple commemorative rites for the death anniversary of the first President of the Philippine Republic at the Emili...

ACT Teachers Partylist Rep. France Castro filed Monday a petition for review before the Department of Justice (DOJ), seeking the reversal of the January 9, 2024 resolution issued by the Quezon City Prosecutor’s Office dismissing the grave th...

The House of Representatives has implemented heightened security measures in response to reported threats received by several legislators.

The House Committee on Public Order and Safety on Monday cited in contempt two more police officers, a general and a colonel, for continuously providing false information during a congressional hearing on the alleged unlawful arrest, arbitrary detenti...

Senator Christopher “Bong” Go criticized the United Nations (UN) Special Rapporteur for Freedom of Opinion and Expression Irene Khan for urging the Philippine government to repeal the Republic Act No. 11479, or the Anti-Terrorism Law of 2020 (ATL), an...

Pump prices of petroleum products will increase this week, while power rates would likely to go up this month.

THE Bangko Sentral ng Pilipinas (BSP) disclosed that it may have reached its 50-percent digital payments target last year.

The Philippines will be part of an international collaboration with the National Aeronautics and Space Administration (NASA) to study and address air quality issues in the Asian region, Department of Environment and Natural Resources (DENR) Secretary ...

Brunei Darussalam’s Intellectual Property office (BruIPO) tapped Intellectual Property Office of the Philippines (IPOPHL) to extend its search and examination services to its patent applications, according to IPOPHL.

We are all convinced that the manufacturing sector in the Philippines has to grow to support the economy, generate employment and drive trade in both directions. Let’s look at some ideas what needs to be done:

Amid former president Rodrigo Duterte’s call for an independent Mindanao, all mechanisms under the Intergovernmental Relations Body for the National Government (IGRB) to create significant development in the region have been activated.

THE national government successfully borrowed P15 billion from the domestic market through the sale of Treasury bills (T-bills) as average yields corrected higher for the seventh straight auction.

MONEY transfers made through InstaPay amounted to P5 trillion covering almost a billion transactions in 2023, according to its operator BancNet Inc.

AS we step into the new year, it’s time to focus our energies on making 2024 a year of exceptional financial growth. Whether you’re an experienced investor or just starting your journey towards financial literacy, this guide will help you navigate you...

HOME Credit Philippines Inc. (HCPH) marked its tenth year of operation in the country with 10 million borrowers, having secured 22 million credit contracts, 17 million of which are point-of-sale (POS) financing.

IN a decisive move to address issues plaguing the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, the House of Representatives on Monday opened the plenary deliberations of the CREATE MORE Act.

DESPITE its strong performance in 2023, Asia United Bank (AUB) said risks on the horizon such as elevated interest rates would require it to remain agile this year.

THE government has allocated P2.3 billion worth of aid to farmers, who will be affected by El Niño this year, according to the Department of Agriculture (DA).

GLOBAL headwinds and sluggish demand from China will weigh on the performance of the manufacturing sector, according to Standard & Poor’s (S&P) Global Market Research.

THE Philippine Economic Zone Authority (Peza) said it approved P2.21 billion in investments in the first month of 2024, which it said is expected to create1,337 direct jobs. However, the investment approval figure in January 2024 is a decline from the...

AMID the issues hounding the shipping landscape, Trade and Industry Secretary Alfredo E. Pascual said increased demand for Philippine exports, among others, would propel the Philippine economy in 2024 as the country aims for the status of the “Rising ...

THE Marcos Jr. administration aims to increase the country’s spending for Research and Development (R&D) to 0.4 percent of GDP this year.

THE Department of Energy (DOE) is creating a nuclear committee to help achieve its target of 2,400 megawatts (MW) of nuclear capacity as early as 2032.

House Speaker Ferdinand Martin G. Romualdez on Thursday endorsed the immediate release of P150 million in financial aid from the government to assist flood-affected families in the Davao Region. 

The Department of Social Welfare and Development (DSWD) announced Thursday that 1.2-million household beneficiaries are expected to “exit” from the Pantawid Pamilyang Pilipino Program (4Ps) this year. 

Philippine Red Cross (PRC) Chairman and CEO, Richard Gordon expressed concern Wednesday over the diminishing number of doctors and nurses in hospitals amid the rising number medical practitioners opting to leave the country for better employment and p...

CHIEF Alexander Gesmundo on Thursday assured the business sector that the judiciary will continue instituting reforms that will hasten the resolution of cases involving commercial transactions as part of its contribution to the current administration’...