Future entrepreneurs from across Asia Pacific gathered in Singapore for this year’s FedEx/Junior Achievement (JA) International Trade Challenge Asia Pacific finals, where students were challenged to design market entry strategies for eco-friendly products made from discarded textiles. France was...
Citing weaker-than-expected economic growth in the first semester of 2025, the International Monetary Fund (IMF) has lowered its 2025 and 2026 gross domestic product (GDP) forecasts, with next year’s outlook seen to fall short of the downscaled growth goal. IMF Mission Chief Elif Arbatli...
The first phase of the Bataan-Cavite Interlink Bridge (BCIB), which is worth P7.25-billion and poised to be the country’s longest water-spanning bridge, has drawn bids from eight top local and international construction firms, the Department of Public Works and Highways (DPWH) said Tuesday,...
For many Filipinos, education is not just a personal pursuit but a lifelong promise to family and community. This holds true for Kris Marianne Collado-Galapia, a 26-year-old Filipina who recently graduated with Summa Cum Laude honours from York University in Canada. Hailing from the small town of...
Maynilad Water Services Inc. may have to woo more cornerstone investors for its ₱45.8-billion initial public offering (IPO) as the prospective $245 million from the World Bank Group ’s (WBG) International Finance Corp. (IFC) and the Manila-based Asian Development Bank (ADB) is a strong vote...
The World Bank has extended a $1.7-million, or over ₱98-million, grant to the Philippines to help prepare for a potential project loan that would support early childhood education in the country. In a Sept. 20 letter to Finance Secretary Ralph G. Recto, the World Bank said this financing was...
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,...
Three Singapore-based aviation firms have committed to help develop the Clark International Aviation Campus, envisioned as a state-of-the-art aviation school, according to the state-run Clark International Airport Corp. (CIAC). The CIAC announced on Wednesday, Sept. 24, that it has signed memoranda...
Brentville International Community’s upcoming lifestyle hub, The Village Front, stands as a vibrant convergence of neighborhood and enterprise in the heart of Biñan, Laguna. The southern part of Metro Manila has long been home to an array of upscale communities and lifestyle hubs that cater to...
The Marcos Jr. administration will borrow $650 million, or over ₱37 billion, from the World Bank next year to sustain the conditional cash transfers for the Pantawid Pamilyang Pilipino Program (4Ps) and ensure that its youth beneficiaries land jobs. According to a Sept. 20 project information...
A larger balance of payments (BOP) surplus in August narrowed the country’s cumulative deficit for the first eight months of the year to its lowest level in five months, according to the Bangko Sentral ng Pilipinas (BSP). The latest data from the BSP showed that the BOP, which reflects the...
Dozens of volunteers took part in a massive cleanup drive at Baseco Beach in Tondo, Manila, in observance of the 40th International Coastal Cleanup (ICC) on Saturday, Sept. 20, the Manila Public Information Office (PIO) said. The office said that over 40 sacks of garbage were collected from the...
