The Philippines can quarantine a virus, but it cannot quarantine the global oil market. This is the warning from one of the architects of the country’s pandemic recovery, who argues that the current fuel shock could be a more ruthless economic adversary than Covid-19. While the health crisis was...
The northeast monsoon, or “amihan,” continues to weaken and is expected to bring warmer and more humid conditions across most of the country in the coming days, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Wednesday, March 18. PAGASA weather...
Alcantara-led Alsons Development and Investment Corp. (Alsons Dev) is finally starting the redevelopment of the 60-year-old Aldevinco Shopping Center site, which used to be popular among tourists hunting for souvenirs and handicraft from Mindanao’s ethnic minorities. In a statement, Alsons Dev...
While the previous administration warned that imposing a “wealth tax” on the rich could trigger capital flight and tax avoidance, Finance Secretary Ralph G. Recto—the chief economic manager of the Marcos Jr. administration—said he would support Congress if it proposes such a measure. “Let...
Some, if not most, homeowners dream of having a generous lot while still enjoying the privacy they need. This enclave offers space to plan, build, and grow for the long term—set on elevated terrain in Buhangin, Davao City, with sweeping views of nature. This is Northtown Residences 5, the newest...
Former Finance Chief Carlos G. Dominguez has returned to the corporate sector after being elected as one of the independent directors of Yuchengco-led Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange, the bank said Dominguez was also appointed as the RCBC...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Thursday, June 19 said the Intertropical Convergence Zone (ITCZ) and easterlies will continue to bring scattered rain showers and thunderstorms over several areas in Mindanao and Southern Luzon. Over the...
Alsons Development and Investment Corporation (Alsons Dev) has unveiled a new chapter in its long-standing mission of building sustainable communities across Mindanao. With the launch of Mahogany South on March 18, 2025, in Davao City, the leading developer introduces its first housing...
Avia Estate (Artist's perspective) The strong economic growth in Mindanao has created excellent investment prospects in the real estate industry, especially as the Philippines recovers from the pandemic. With increasing demand for both commercial and residential buildings, developers are keen to...
Finance Secretary Ralph G. Recto has received assurance from his predecessors of their full support, pledging to assist him whenever he may need it. Former finance secretaries Cesar V. Purisima, Carlos G. Dominguez III, and Margarito B. Teves have expressed their support for Recto and assured him...
Former Finance Secretary Carlos G. Dominguez III has been tapped by the Ty family’s investment arm GT Capital Holdings Inc. as one of its independent directors. Dominguez’s election into the GT Capital Board of directors was announced by the conglomerate in a disclosure to the Philippine Stock...
Former Finance chief Carlos Dominguez III has been conferred by Japanese Emperor Naruhito with Japan's distinguished award for local and non-local government officials. Domiguez received on November 9 the Grand Cordon of the Order of the Rising Sun for exercising "outstanding leadership in...