Japanese financial giant MUFG Bank Ltd. said investors have turned pessimistic following heightened political risks, but the relative strength of the Philippine peso is buoying sentiment. “Political risks are escalating as street protests call for President Ferdinand Marcos Jr.’s resignation...
The Villarreal Philippines Academy is gearing up for a milestone event as it launches the first-ever Villarreal 7s Filipinas Cup, scheduled for Dec. 13 to 14, 2025, 8 a.m. at the Ayala Vermosa Football Pitch. Over 67 participants from the Villarreal Academies in Sydney and Brisbane will be flying...
Pag-IBIG Fund helped 3.2 million Filipino workers meet their immediate financial needs through its short-term loan (STL) programs from January to October 2025, marking a 28% increase in borrowers compared to the same period last year, officials announced on Monday, Dec 1. Officials said more...
Whatever evidence that may link President Marcos to the flood control anomalies, he will not object to it. Palace Press Officer and Communications Undersecretary Claire Castro made the statement, emphasizing that any move to hold Marcos accountable for the massive flood-control corruption scandal...
Amid the deepening probe into the infrastructure corruption scandal, the Philippine manufacturing sector posted its steepest decline in more than four years in November, with both output and new orders contracting at their fastest pace in more than three years. S&P Global Market Intelligence...
Senator Sherwin Gatchalian on Monday outlined the Senate’s revised timetable for the passage of the proposed 2026 national budget, saying the chamber is still aiming to have the measure signed into law by December 29 despite disruptions caused by a weekend fire. In an interview on Monday,...
The Land Transportation Office (LTO) has deferred its plan to impound e-bikes and e-trikes that its personnel would catch on national highways and major thoroughfares to Jan. 2 next year amid appeals from owners. LTO chief, Assistant Secretary Markus Lakanilao said the decision was based on the...
The Philippines is expected to miss its full-year economic growth target for 2025, following the sharp slowdown in the third quarter amid a worsening corruption scandal, the country’s chief economist conceded on Monday, Dec. 1. Missing this year’s goal will make it three years in a row for the...
The Marcos administration borrowed ₱25 billion through the sale of short-dated Treasury bills, exceeding its planned amount of ₱22 billion, as lower borrowing costs and a recent affirmation from debt watcher S&P Global Ratings boosted investor appetite. The Bureau of the Treasury (BTr) exceeded...
Amid destabilization rumors, President Marcos has reminded the Armed Forces of the Philippines (AFP) that their loyalty must remain with the republic, and not to any individual or faction. Speaking at the Major Services Officer Candidate Course Joint Graduation Ceremony on Monday, Dec. 1, Marcos...
State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC). DBP President and Chief Executive Officer Michael O. de Jesus told reporters last...
Former Ako Bicol Party-list Rep. Zaldy Co detailed a series of major budget reductions amounting to ₱109.592 billion that were allegedly pursued by then-Senate President Francis “Chiz” Escudero during the 2025 Bicameral Conference Committee hearings. The budget cuts--which hurt key...
