Derco Rosal
GOCC subsidies drop over 40% in February as NIA funding slashed by over half
April 20, 2025 8:36 pm
The Marcos administration’s subsidies to government-owned and/or -controlled corporations (GOCCs) decreased substantially—by over 40 percent—in February from last year’s ₱12.7 billion.
Wilting laborers, sprouting smugglers: The crisis in the Philippine tobacco industry
April 19, 2025 3:24 am
Summer’s heat could peak at 51 degrees Celsius this afternoon, so Eddie Garabiles, 55, took shelter under the shade of the curing barn he made with coconut leaves, its frame held together by bamboo. He could suffer from heat stroke under the raging midday sun if he insisted on tending to his tobacco farm.
PPP pipeline reaches ₱2.64 trillion with Iloilo Global City, 13 others
April 16, 2025 7:11 am
Iloilo Global City, a multibillion local project aimed at developing urban centers, and 13 other projects were added in the Public-Private Partnership (PPP) Center’s project pipeline, which now totals P2.64 trillion.
ADB delivers final $1.4-billion funding for Malolos-Clark railway project
April 16, 2025 4:15 am
The Philippines has secured the final $1.45-billion (about ₱82-billion) funding from the Asian Development Bank (ADB) for the Malolos-Clark railway project (MCRP), one of the multilateral lender’s largest infrastructure investments in Asia-Pacific (APAC).
Moody's revises Security Bank's outlook to 'negative' on capital pressure, operational risks
April 16, 2025 3:45 am
While Security Bank Corp. shows overall financial stability, credit rater Moody’s Ratings revised its outlook on the bank’s ratings to negative, citing lingering risks, including the decline in its capital buffer, rapid loan growth, and reduced ability to absorb losses.