Tycoon Manuel V. Pangilinan, who leads one of the biggest conglomerates in the country, warns of the adverse impact of the corruption scandal on the Philippine economy and credit ratings. Speaking at the 57th FINEX annual conference, he said that, because of this corruption scandal, “government...
Have you ever gotten a “business proposal” promising to double your money, or a text saying you’ve won a prize but need to deposit a small sum first? Sadly, scams are so common, reminding us that financial literacy is essential. Education has always been called the great equalizer. It...
Securities and Exchange Commission (SEC) Chairman Francis E. Lim pointed to corruption as “a weapon of mass wealth destruction” as investigations into anomalous flood control projects have eroded investors ' confidence to the extent ₱1.7 trillion in market capitalization has been wiped...
Renewable energy (RE) is gaining bigger share of the country’s power generation mix as gas-fired power development continues to slow down, according to a study by the Institute for Energy Economics and Financial Analysis (IEEFA). In a report, Sam Reynolds of the IEEFA explained that gas-to-power...
Since 2022, artificial intelligence (AI) has begun to transform the Philippine economy—not as a futuristic concept, but as a current and measurable force. Generative AI tools are already reshaping the business landscape, from finance and marketing to logistics and customer service. Local...
The world is sprinting toward the next industrial revolution. Artificial intelligence (AI), automation, and digital economies are redefining global competitiveness. Nations are racing to scale innovation and secure their place in this new order. And yet, here at home, two of the most basic pillars...
We cannot do the same things and achieve different results. Today, the Philippine scenario is a “perfect crime” scene for government contracts. Right from the start, the development councils hardly matter. It’s the influential politicians and their executive agency cohorts who determine the...
State-run think tank Philippine Institute for Development Studies (PIDS) is urging lawmakers to expand and amend major education-related bills to address persistent gaps in access, funding, and governance across the sector. In a statement, PIDS Senior Research Fellow Connie B. Dacuycuy outlined...
The Philippines and Ukraine vowed to continue strengthening their alliance amid the rising global security challenges brought about by the Russia-Ukraine conflict and Chinese aggression in the South China Sea. Officials from the Ukrainian Embassy in Manila and policy think-tank Stratbase Institute...
By now, any Filipino who doesn’t feel the disgust and rage over how these public officials and private contractors have seized the nation’s financial resources and lived lavishly at the expense of the unassuming Juan dela Cruz, must be out of their mind or complicit with these despicable...
The Department of Agriculture (DA) is looking forward to a proposed ₱20-billion annual investment in the livestock sector, which will take effect once signed into law by President Ferdinand R. Marcos Jr. before the month of September ends. Speaking at a breakout session of the Arangkada...
While government debt continued to pile up, private businesses and individuals in the Philippines held back on borrowings amid conditions not too conducive to debt accumulation. The latest data from the Washington-based Institute of International Finance (IIF), released on Thursday, Sept. 25,...
