Malacañang said President Marcos is bent on pushing for climate-smart farming as part of his administration 's efforts to modernize agriculture and strengthen food security through renewable energy solutions. The Palace cited the P100-million R.M. Tan Solar Pump Irrigation Project (SPIP) in...
D.M. Wenceslao and Associates, Inc.’s (DMW) attributable net income inched up two percent to ₱936 million in the first half of 2025 from ₱918 million in the same period last year, reflecting sustained growth in its rental businesses. In a disclosure to the Philippine Stock Exchange, the firm...
“I was thrilled,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor for regional operations and advocacy sector, Bernadette “Berna” Romulo-Puyat, unabashedly shared her feelings about her close encounter with US Federal Reserve (US Fed) Chairman Jerome Powell. DG Berna was among the...
Despite global challenges, the Philippines is projected to sustain relatively strong economic growth and emerge as one of the region’s standout performers, according to the government’s chief economist. “The Philippines would remain among Asia’s fastest-growing economies, outpacing several...
ILOILO CITY – Murdered Vice Mayor Julio M. Estolloso of Ibajay town, Aklan province was a beloved teacher and school principal. His death in the hands of Municipal Councilor Mihrel Senatin devastated students, faculty, and alumni of Melchor Memorial School Inc. “He was a dedicated educator who...
With an already narrow output gap and the economy in a “goldilocks” or ideal state, the Bangko Sentral ng Pilipinas (BSP) said slashing key borrowing costs further by three-quarters of a point is unlikely, with two cuts more likely than one. “I think two is more likely than one. Two is still...
Despite recent interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), inflation hitting nearly six-year lows in recent months, and still-muted second-quarter growth in some sectors, further reductions in key borrowing costs are seen as necessary. “We think the second-quarter GDP [gross...
Amid expectations of slower economic growth and lower inflation this year, global investment banking giant Goldman Sachs sees more interest rate cuts by the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) during the next three quarters before pausing its easing cycle. In an Aug. 7 report,...
ILOILO CITY — Municipal councilor Mihrel Senatin told police that he shot and killed Vice Mayor Julio Estolloso of Ibajay town in Aklan province last Aug. 8 because he was mad over his indifferent treatment. “Sinasabi niya na hindi niya naman daw barilin kung wala siyang galit (He said he...
The Philippines and Southeast Asia may attract foreign investments avoiding China and India if the United States (US) pushes through with its threat of higher tariffs on Indian goods, according to the think tank Capital Economics. “[US] President [Donald] Trump’s threat to impose an additional...
ILOILO CITY – Police Brig. Gen. Josefino Ligan is overseeing the investigation of the Aug. 8, Friday, killing of Vice Mayor Julio M. Estolloso of Ibajay town in Aklan province. Ligan inspected on Saturday, Aug. 9, the Sangguniang Bayan (SB) office where Estolloso was shot and killed by SB Member...
ILOILO CITY – The killing of Vice Mayor Julio M. Estolloso by Sangguniang Bayan (SB) member Mihrel Senatin in Ibajay town, Aklan province was complete shock as the two are political allies. Police Major Rajiv Salbino, chief of the Ibajay Municipal Police Station, said that politics is unlikely...
