The central bank is grappling with an “unusual” inflation shock following the historic ₱85 daily minimum wage hike in Metro Manila, though a hyper-aggressive policy response is unlikely, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. On the sidelines of a BSP book...
A movie collaboration between comedy icons Vice Ganda and Vic Sotto now appears almost certain after an accidental social media leak and a surprise exchange of greetings on their rival noontime television shows added to mounting speculation ahead of an expected official announcement. The project,...
A 59-year-old man allegedly driving under the influence of alcohol escaped unharmed after his sport utility vehicle (SUV) slammed into concrete barriers along the eastbound lane of Commonwealth Avenue in Quezon City before dawn on Saturday, July 4. The Quezon City Police District (QCPD) Traffic...
Philippine firms face mounting pressure to adapt to worsening climate risks as recurrent flooding erodes productivity, threatens jobs, and drives businesses to relocate, prompting the World Bank to call for faster investments in resilient infrastructure, energy efficiency, as well as renewable...
All minimum wage workers in Metro Manila will receive a P85 increase in their daily wage, the highest increase approved so far according to the Department of Labor and Employment (DOLE). DOLE Secretary Francis Tolentino said the increase in the daily wage will benefit around 1.1 minimum wage...
Philippine Airport Ground Support Solutions, Inc. (PAGSS) has been recognized with three major awards from Air France-KLM Royal Dutch Airlines, highlighting its excellence in safety, passenger service, and operational efficiency. The awards were presented during a recognition ceremony at Man Ho...
Police seized over ₱190,000 worth of suspected shabu and arrested a 47-year-old suspect during a buy-bust operation in Barangay Cupang, Antipolo City, on Wednesday night, June 24. Operatives from the Antipolo Police Station’s Drug Enforcement Team conducted the entrapment operation at around...
A car caught fire on the northbound lane of the Skyway near the Quezon Avenue exit in Quezon City on Wednesday night, June 24, alarming motorists passing through the area. A video taken by a motorist showed the vehicle engulfed in flames as thick smoke rose from the roadway. Motorists nearby felt...
The Department of Transportation (DOTr) plans to award the ₱179-billion contract to operate the Metro Manila Subway Project (MMSP) in the third quarter of 2027, aligning with preparations for the railway’s partial operations. Based on its presentation during last week’s Asia Infrastructure...
World Trade Center Metro Manila (WTCMM), one of the country’s most prominent event venues, is embarking on a ₱3-billion expansion to increase capacity and meet the growing demand for international exhibitions and trade shows. WTCMM said in a statement that the investment will expand its total...
SINGAPORE — The Department of Transportation (DOTr) is confident that more private-sector bidders will participate in the Philippines’ upcoming railway public-private partnership (PPP) projects as the government increasingly taps multilateral development banks (MDBs) to provide financing...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
