THE national government’s outstanding debt as of end-January this year rose to a new record high of P14.79 trillion, according to the Bureau of the Treasury (BTr).

A $3.3-billion power deal meant to boost energy security in the country was forged among Pangilinan-led Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. (AP) and San Miguel Global Power Holdings Corp. (SMGP) of Ramon Ang.

BEFORE fulfilling its dream of reaching Upper Middle Income Country (UMIC) status, the Philippines must first significantly bring down poverty, according to the French Development Agency (AFD).

PRESIDENT Ferdinand R. Marcos Jr. said he will be raising “key issues” which affect global peace during the Association of Southeast Asian Nations (Asean)-Australia Special Summit this week.

Andrew Tan’s Alliance Global Group Inc. (AGI), through its companies Megaworld and Newport World Resorts operator Travellers International Hotel Group, has tapped MVP-led MPower of Meralco to achieve its goal of sourcing 100 percent of its power requi...

In Taytay, Rizal, along Cabrera Road, travelers are greeted by a mesmerizing spectacle as a radiant sunset gracefully drapes the skyline of Metro Manila, evoking the image of a celestial canopy gently settling upon the earth’s embrace.

THE Bureau of Customs (BOC) reported seizing about P1 billion worth of illegally imported vape and ukay-ukay products on Friday, March 1.

A DEPUTY majority leader and a former overseas Filipino worker both agreed that making the 1987 Constitution less restrictive would increase foreign investments, create better-paying jobs, and potentially keep overseas Filipino workers from seeking em...

MANUFACTURER prices overall contracted in January but those of beverages and food continued to increase, according to the latest data from the Philippine Statistics Authority (PSA).

THE two-day Intergovernmental Group of Twenty-Four (G-24) Technical Group Meetings (TGMs) discussed strategies to effectively address current economic challenges including climate financing, changes in the global trade regime, domestic resource mobili...

Job seekers converge at SM City North Edsa in Quezon City every Friday for the weekly job fair, a collaborative effort between SM, the Private Sector Advisory Council Jobs Committee of Malacañang, the Department of Labor and Employment, and the Quezon...

TAGUIG personnel padlocked the gate of Makati Park Sunday morning and allegedly trapped Makati employees inside after the Taguig city government issued  a closure order on the park for supposedly not having a business permit.

THE Chinese Embassy in Manila lashed out at the Philippines’s top envoy to Washington D.C. and urged him to stop being the mouthpiece of the US.

THE burial of Ben Lachica Punzalan Dayang, 87 years old, who died on February 22, 2024, of cardiac arrest in Kalibo, Aklan, is set on Monday, March 4, at the Kalibo Municipal Cemetery.

THE Bureau of Immigration (BI) announced last Sunday the arrest of 13 Vietnamese nationals found to be illegally operating health spas and clinics in Makati City.

THE Maritime Industry Authority (Marina) and the Department of Science and Technology-Philippine Council for Industry, Energy, and Emerging Technology Research and Development (DOST-PCIEERD) have renewed their partnership on research and development f...

SENATOR Christopher “Bong” Go emphasized the critical need for improved fire prevention strategies, especially as the country observes Fire Prevention Month this March. On Thursday, February 29, Go has mobilized his Malasakit Team to assist fire victi...

AFTER five days of negotiations at the 13th Ministerial Conference, Manila underscored the importance of the World Trade Organization (WTO) despite unresolved issues in areas such as agriculture, dispute settlement reform and fisheries subsidies.

THE leadership of the House of Representatives on Sunday vowed to expedite the granting of scholarships to over 1,000 children of the more than 600 Palawan fishermen affected by the West Philippine Sea (WPS) issues.

IN observance of Women’s Month, lady lawmakers are set to take the helm at the House of Representatives on Monday, March 3.

DEATHS caused by respiratory diseases and the human immunodeficiency virus (HIV) illness increased in the January to September period of 2023, according to the Philippine Statistics Authority (PSA).

SENATOR Christopher “Bong” Go emphasized the need to properly strengthen social programs for the poor, ensuring that these initiatives are implemented properly without being susceptible to corruption, delays or abuse. With proper implementation, he sa...

Ma. Stella F. Arnaldo / Special to the BusinessMirror

FILIPINO gamers have the lowest propensity to spend—totaling P620 and above in a month on in-game purchases—compared to their APAC counterparts, according to the Omnicom Media Group Asia Pacific’s (OMG APAC) latest research titled “Unlocking Gamers in...

DAVAO CITY—College graduates and those currently pursuing their bachelor’s degrees in Sulu were the recent recipients of cash aid from the Bangsamoro government’s Ministry of Labor and Employment (MOLE).

MEMBERS of the World Trade Organization (WTO) have agreed to maintain the current practice of not imposing duties on electronic transmissions until March 31, 2026, or the 14th Ministerial Conference (MC14), taking into consideration the economic, fina...

MEMBERS of the World Trade Organization (WTO) have agreed to maintain the current practice of not imposing duties on electronic transmissions until March 31, 2026, or the 14th Ministerial Conference (MC14), taking into consideration the economic, fina...

THE business landscape, as illustrated by the 2023 KPMG CEO Outlook survey, is undergoing a profound transformation, shaped significantly by geopolitical challenges. This annual survey, drawing insights from more than 1,300 CEOs of the world’s largest...

THE office of Speaker Ferdinand Martin G. Romualdez said last Sunday the lawmaker backed the decision of the Philippine Health Insurance Corp. (PhilHealth) to increase from P100,000 to P1.4 million the “Z benefit package” for breast cancer patients, w...

Terra Solar Philippines Inc. is on the lookout for international investors that will help finance its solar farm in Nueva Ecija and Bulacan which will consist of 3,500 megawatts (MW) of solar panels and 4,000 megawatt-hours (MWh) of battery storage.

Lifting foreign equity restrictions on critical sectors, such as public utilities, education, mass media and advertising, will create more jobs and enable them to contribute to the country’s economic progress, according to the National Economic and De...

Voting 23-0-0, the Senate on Monday voted on third and final reading to approve the measure defining the Philippines’s maritime zones, advancing its status as a member of the international community’s rules-based system under the 1982 United Conventio...

The Filipinos’ strong interest in Korean drama anthologies and K-pop music are among the key reasons South Koreans like visiting the Philippines.

Finance Secretary Ralph G. Recto said on Monday that the government will finalize by next month the third tranche of the loan agreement worth P55.7 billion for the Metro Manila Subway Project.

EU carbon tariff will have limited impact on climate change–ADB

At least 50 local and foreign firms are keen on participating in the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the 2024 Philippine Bid Round.

Asia-Pacific lenders expect syndicated loan volume to rise in 2024, as merger and acquisition activity rebounds and more companies engage in cross-border investments.