Armed Forces of the Philippines (AFP) Chief Gen. Romeo Brawner Jr. extended his gratitude to the military personnel who exemplified dedication and professionalism in their duties in support of the recently held midterm elections. Brawner said that the troops helped in securing polling places,...
Economic reforms are expected to proceed, even as the political noise amplified by the midterm election results that "weakened" the Marcos administration 's hold on power may hamper efforts to enhance public-sector effectiveness, according to the Economist Intelligence Unit (EIU). "Partial and...
The tables have turned for billionaire Enrique K. Razon’s integrated gaming resorts owner and operator Bloomberry Resorts Corporation, as gains from Solaire North have put it back on a growth trajectory even before the launch of its new online gaming platform. The firm reported a 26 percent...
PHINMA Corporation of the Del Rosario family expects to sustain its growth this year on the strength of its education and property businesses "We are optimistic for sustained growth with the expected higher enrollment for Education, the accelerated implementation and completion of PHINMA Properties...
Government spending related to the May 12 midterm elections—frontloaded expenditures prior to the polls as well as the resumption of delayed projects due to the election ban—would likely spill over into the second quarter and support first-half economic growth, economists said. "While the...
Repairs on expansion joints along the northbound section of the Manuel Roxas Jr. Flyover in Tondo, Manila, have started as part of a major retrofitting and strengthening project, the Department of Public Works and Highways (DPWH) said. In a report, the DPWH–North Manila District Engineering...
Despite the dismal first-quarter growth mostly weighed down by world trade uncertainties, the Economist Intelligence Unit (EIU) sees the Philippine economy outperforming the region in 2025. "We will maintain our forecast of 6.1-percent growth this year, accelerating from 5.7 percent in 2024, making...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
The Office of the President recognized the Securities and Exchange Commission (SEC) for its role in the Philippines’ exit from the grey list of global financial crimes watchdog Financial Action Task Force (FATF). In a ceremony at the Malacañan Palace, President Marcos, together with Executive...
DENVER (AP) — The Denver Nuggets knew bouncing back from their 43-point loss would mean hanging with the tubro-charged, top-seeded Oklahoma City Thunder so that they could tap into their experience, home environment and closing prowess. And that’s exactly how they won Game 3 on Friday...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. accused Friday, May 9, the People’s Republic of China (PRC) and its “non-state rogue actors” of meddling in the upcoming midterm elections. The defense chief cited several Chinese tagged in alleged spying that law enforcement...
Maharlika Investment Corp. (MIC), which manages the Philippines ' first sovereign wealth fund, is eyeing at least three new investments before the year ends, aiming to bring total capital commitments to as much as ₱37 billion just two years into its establishment. In a telephone interview on...
