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 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).

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.

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.

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...

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. 

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’...

DESPITE the Commission on Elections’ position that the signature-gathering option can continue while the poll body suspends acceptance of the signature sheets, the People’s Initiative to amend the Constitution “is completely dead,” contends veteran el...

DAVAO CITY—The City Hall here on Wednesday extended the deadline of the mayor’s permit renewal and termination of business applications until today, Friday, following the suspension of work in government offices Thursday.

Local government officials representing some 350 cities and municipalities who attended a recent summit vowed to work with various stakeholders to ensure an inclusive approach to “safe” water and sanitation for a cleaner, healthier, and sustainable en...

They are now literally going to need a bigger boat.

Shoppers in public markets nationwide could soon enjoy free Wi-Fi connection to enable them to pay using their e-wallets, according to the Philippine Development Report (PDR).

With the Greenhills Shopping Center landing anew on the United States Trade Representative’s (USTR) 2023 “notorious markets list” (NML) for counterfeiting and piracy, the Intellectual Property Office of the Philippines (IPOPHL) said it continues to wo...

The Philippine Army (PA) formally deployed some 257 newly commissioned 2nd lieutenants to its various ground units on Wednesday.

The government’s “labor export program” worsened under the Marcos administration, notwithstanding the launch and full operation of the Department of Migrant Workers (DMW) last year, according to a migrant advocate group. 

A Department of Justice (DOJ) panel of prosecutors conducted clarificatory meeting Thursday with officials of the National Police Commission (Napolcom) on additional complaint that the latter filed in connection with the alleged irregularities committ...

MORE than 4,000 foreign domestic helpers, including Filipinos, were treated to a spectacular day of music and magic at the Hong Kong Disneyland.

SOLICITOR General Menardo Guevarra assured Thursday that politics would not alter the non-cooperation stance of the Marcos administration in the International Criminal Court’s (ICC) ongoing probe into alleged human rights abuses and extrajud...

DOMESTIC claims of the other financial corporations (OFC) slowed to 2.4 percent in the third quarter of 2023, revealed the preliminary results of the OFC survey of the Bangko Sentral ng Pilipinas (BSP). OFCs include various financial entities such as ...

FEBRUARY is considered the “Love Month.” But it should not only be about Valentine’s Day and sweethearts, but also about fostering relationships with family and friends, as well as loving others.

THE government’s executive and legislative branches must work closely together to ensure that fiscal targets are met, according to the 2023 Philippine Development Report (PDR). However, the report also noted that maintaining these gains this year thro...

THE Insurance Commission (IC) announced it will conduct a study about the incidence of diseases among Filipinos based on the experience of health maintenance organizations (HMOs) and insurance companies in handling claims.

THE Land Bank of the Philippines (Landbank) announced that its net income in 2023 reached P40 billion driven by strong revenues from loans and investments alongside prudent cost management.