State-run Philippine Deposit Insurance Corp.’s (PDIC) move to double the maximum insurance coverage to ₱1 million partly drove total insured deposits up by more than two-fifths to ₱5.2 trillion in 2025. This surge represents a ₱1.5-trillion increase from the ₱3.7-trillion level recorded...
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business group, is backing the Department of Energy’s (DOE) proposal to lift the moratorium on new coal-fired power plants, describing the move as a pragmatic necessity to safeguard energy security and industrial...
The government has formally institutionalized a trade agreement with the United Kingdom (UK) that allows for the continued importation of poultry products from regions certified free of bird flu, a move aimed at stabilizing domestic food supplies while managing biosecurity risks. In a statement on...
The Civil Aeronautics Board (CAB) increased the passenger fuel surcharge to a record level as global jet fuel prices continue to surge, a move that is set to make air travel more expensive for the remainder of the month. In an advisory dated April 13 but released on Wednesday, April 22, the CAB...
The Armed Forces of the Philippines (AFP) formally installed Philippine Air Force (PAF) Lt. Gen. Rommel P. Roldan as its new vice chief of staff, the second highest position in the military, it was revealed on Wednesday, April 22. AFP Chief of Staff, General Romeo Brawner Jr. presided over the...
Amid ongoing impeachment proceedings against Vice President Sara Duterte on Wednesday, April 22, Veronica “Kitty” Duterte declared she is unfazed by the controversy and persistent attacks on her family. In a conversation with Facebook personality Alvin and Tourism on April 21, Kitty...
For learners who often go unnoticed in broad national data, help may soon be closer to home as the Department of Education (DepEd) pushes for education mapping at the barangay level, in a move aimed at identifying learning gaps more precisely and directing support to communities that need it most. ...
Ayala-led Bank of the Philippine Islands (BPI) is teaming up with The Walt Disney Co. to launch a series of themed financial products and travel perks, the first time a Philippine lender has integrated multiple Disney business segments into its consumer offerings. The BPI-Disney collaboration,...
Local stocks ended Tuesday’s session virtually unchanged as investors balanced optimism over potential diplomatic breakthroughs in the Middle East against domestic concerns regarding tightening monetary policy. The Philippine Stock Exchange index (PSEi) edged up 2.67 points, or 0.04 percent, to...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. fired back at Beijing on Tuesday, April 21, as China criticized the ongoing Exercise Balikatan between the Armed Forces of the Philippines, United States, and other allied forces, saying the drills are part of a “collective...
Philippine economic growth in 2026 would have hit the government’s downgraded target range had the war in the Middle East been short-lived, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). However, the Bangkok-headquartered UNESCAP said a...
State-run policy think tank Philippine Institute for Development Studies (PIDS) has flagged a widening housing gap in Metro Manila, as rapid urban revitalization drives up land values and pushes affordable housing to the periphery. In a statement on Tuesday, April 21, PIDS said that while...
