The Department of Budget and Management (DBM) approved the release of P5 billion for the rehabilitation of conflict-affected communities in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

The Armed Forces of the Philippines (AFP) on Monday said it had foiled an attempt of the New People’s Army (NPA) to reorganize in Batangas by neutralizing six of the insurgents in a clash in Balayan town Sunday.

FORMER Bayan Muna Rep. Teodoro “Teddy” Casiño on Monday filed a P2.2-million damage suit before the Regional Trial Court (RTC) of Makati City against former National Task Force to End Local Communist Armed Conflict (NTF-ELCAC0) spo...

Citicore Renewable Energy Corp. (CREC), a pure-play renewable energy producer in the Philippines, has filed for an initial public offering (IPO) aimed at raising as much as P12.94 billion.

The American Chamber of Commerce of the Philippines (AmCham) said it has appointed its first female president, Sara Murphy, who is currently the chief of Capital One Philippines.

The Court of Appeals (CA) in Cebu City has reversed a Bacolod City Regional Trial Court’s (RTC) ruling and ordered the lifting of the suspension of warrant of arrest against Emily V. Yanson, former corporate secretary of Ceres Transport Inc., for perj...

Fastfood chain KFC is opening more than 10 stores before the end of this month as demand for its products continues to expand, according to a company official.

Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move.

Filipino conglomerate Filinvest Development Corp. and French energy company Engie SA have launched four sustainable energy initiatives through their joint venture companies, encompassing a total of 13.68 megawatts (MW) of solar energy and 11,400 refri...

Bangko Sentral ng Pilipinas Monetary Board Member Romeo L. Bernardo (above, third from left) turns over financial education (fin-ed) modules for civilian and uniformed personnel of the Armed Forces of the Philippines to Deputy Chief of Staff LTGEN Cha...

AS the cool ‘Ber’ months breeze in, carrying with them a symphony of twinkling lights, festive carols and the mouthwatering aroma of bibingka and puto bumbong, it’s undeniable: the holiday season is here! But amidst the laughter, gift-giving and heart...

THE Philippines will continue imposing anti-dumping duties against imported Turkish wheat flour for the next three years to prevent the domestic industry from suffering injuries, the state’s tariff commission ruled.

THE United Nations Educational, Scientific and Cultural Organization (Unesco) has included the craft and tradition of the handwoven piña or pineapple textile of Aklan in its Representative List of the Intangible Cultural Heritage of Humanity.

20th Century Studios’ The Creator, the epic sci-fi action thriller directed by Gareth Edwards which was released in theaters, will debut on December 20 on Disney+. 

NEW YORK—Wonka debuted with $39 million in box office sales in US and Canadian theaters over the weekend, according to studio estimates on Sunday. That made it a strong start for the Timothée Chalamet—starring Willy Wonka musical that underscored t...

Actor Derek Ramsay is back on the big screen after taking a hiatus from acting. He is the lead male character in the horror film Kampon, directed by King Palisoc from the script of our brilliant writer-friend Dodo Dayao.

THE Philippines’s total external debt as of end-September rose by 10 percent year-on-year to over $118 billion as the state borrowed more abroad to augment its financing requirements domestically, the Bangko Sentral ng Pilipinas (BSP) said.

EVEN if inflation has slowed down, the uncertainty among many Filipinos on whether they have food to eat for the next six months is seen to continue in the long run.

RECOGNIZING Japan as a technological leader and one of Association of Southeast Asian Nations’ (Asean) important strategic partners, President Ferdinand R. Marcos Jr. is now pushing for the creation of a new 10-year economic road map, which ...

THE Monetary Board (MB) has greenlit additional temporary measures, including the reduction of the reserve requirement rate on sustainable bonds, to entice banks to extend more loans for green or sustainable activities.

MANILA is eyeing to get a “respectable” market share of the firms pivoting from China, particularly in the semiconductor industry, as part of its “catch-up plan” to reverse decline in exports amid the global economic slowdown.

Ma. Stella F. Arnaldo / Special to the BusinessMirror

SHOULD the government remain relentless in refusing to extend the deadline for industry consolidation, it is effectively “staging a nationwide transport strike” that could potentially paralyze the Philippines in 2024.

ONLY seven percent of 28,000 entrepreneurs studying under the training arm of the Department of Trade and Industry (DTI) applied to become exporters.

PRESIDENT Ferdinand R. Marcos Jr. said the country is now eyeing to expand its share in the $2.6-trillion global creative market through partnerships with Japanese firms.

SENATOR Christopher “Bong” Go expressed his gratitude following the Senate’s approval and ratification of the Bicameral Conference Committee’s version of the Magna Carta of Filipino Seafarers on Wednesday, December 13.

THERE are four million unsafe LPG (liquefied petroleum gas) cylinders in the market that should be replaced before January 7, 2025, South Pacific Inc. and Republic Gas Corp. (Regasco) said over the weekend.

BARELY two weeks before the December 31 deadline for consolidating Public Utility Vehicle (PUV) operators nationwide, majority or 70 percent of Filipinos are happy about the PUV Modernization Program that the government will fully implement as Preside...

AS the season of gift-giving draws near, a toxics watchdog called on businesses to strictly comply with a 12-year-old law to ensure that toys containing endocrine-disrupting chemicals (EDCs) called phthalates are not produced, imported, and offered fo...

AMID the worsening shortage of nurses in hospitals, a lawmaker is pushing for the establishment of a dedicated Nursing Education Support Fund (NESF) amounting to P1 billion, aimed at addressing the escalating shortage of nurses in hospitals.

LAWMAKERS called on the Department of Transportation (DoTr) to consider the recommendation of the Asian Development Bank (ADB) to extend the bidding for the Ninoy Aquino International Airport (NAIA) rehabilitation project by one month to ensure a fair...

A leader of the House of Representatives strongly backed the recent order by President Ferdinand Marcos Jr. to concerned government agencies to complete all water-related projects by April next year, stressing swift action to mitigate the effects of a...

SPEAKER Martin G. Romualdez said that the Philippine government is actively pursuing strong partnerships with its allies to enhance food stability and economic opportunities for millions of Filipinos.

THE Privatization and Management Office (PMO) has earned P1.21 billion this year from the sale of government assets, surpassing its performance from 2018 to 2021, the Department of Finance (DOF) said.

THE Philippine Deposit Insurance Corp. (PDIC) announced recently that it will accept bids next year for closed bank and corporate-owned residential lots on its e-bidding portal.

THE Government Service Insurance System (GSIS) announced it will provide fire insurance for more than 132,000 public school buildings under the Department of Education (DepEd) nationwide.

FORMER Senate President Franklin M. Drilon, who also served as Secretary of the Department of Justice in a previous administration, declared over the weekend he saw nothing illegal in the decision of Congress to increase the “unprogrammed funds” in th...