South Korean Ambassador Lee Sang-hwa concluded his diplomatic posting in the Philippines with one of the country’s highest honors for foreign diplomats. During a farewell call at Malacañang Palace on July 9, President Ferdinand Marcos Jr. conferred on Lee the Order of Sikatuna, Rank of Datu...
Banish the thought that the World Bank 's classification of the Philippines as an “upper-middle-income” economy is the silver bullet to slay the dragon of widespread poverty. It is a myth—not reality. Find out why. From 1987 to 2025—spanning almost four decades—the Republic of the...
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations. A government document from...
The Armed Forces of the Philippines (AFP) said Wednesday, July 8, that it has begun planning to establish a Space Center by 2028 as the first step toward creating a future Space Command or even a Space Force. AFP Chief of Staff Gen. Romeo Brawner Jr. said planning for the new unit is already...
Three of the country’s largest business groups have backed the expansion of benefits provided by state-run Philippine Health Insurance Corp. (PhilHealth), but stressed that timely and complete premium payments are crucial to sustain the national health insurer’s finances and further widen...
The British Chamber of Commerce of the Philippines (BCCP), in partnership with 1834 Premium Distilled Gin and Archangel Reserve Premium Dry Gin, brought together seven British distilleries during its World Gin Day 2026 celebration on June 24, highlighting the growing opportunities for United...
It is bad enough not to have any savings, but to be in consumer debt is much worse. What is consumer debt? It is when you borrow money for personal, family, or household consumption—such as eating out, shopping, auto and appliance loans, holidays, travel, vacation, entertainment, and all kinds of...
State-run Land Bank of the Philippines (Landbank) has waived fund transfer fees for digital transactions made through its online channels, joining a growing number of major banks and e-wallet providers that have eliminated or lowered transfer charges. Starting Tuesday, July 7, Landbank will make...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. warned groups or individuals against trying to draw members of the Armed Forces of the Philippines (AFP) into the political debate surrounding the impeachment trial of Vice President Sara Duterte. Teodoro said the impeachment...
The Chinoy Actors of the Philippines (CAP) celebrated its 2nd Anniversary in partnership with the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII). The evening was hosted by CAP President Diane Pascual and Founder Derrick Yu. Among the distinguished guests were Abang...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
Philippine Sports Commission (PSC) Chairman Patrick C. Gregorio has unveiled a bold proposal to establish the country’s first Sports University under the University of the Philippines (UP) system, a pioneering initiative that seeks to transform Philippine sports from a pastime into a national...
