The influential Management Association of the Philippines (MAP) is asking the government to reallocate a portion of the ₱255.5 billion originally intended for flood control projects to fund the upgrade of stations along the EDSA Busway. “Since the government is not inclined to appropriate funds...
State-run Land Bank of the Philippines (Landbank) has clarified that the handling of the bank accounts of the Department of Public Works and Highways ' (DPWH) contractors did not involve irregularities, countering insinuations that it was complicit in alleged flood control corruption. This...
In less than an hour, a Senate finance subcommittee panel swiftly approved on Monday, Sept. 29, the Office of the Vice President 's (OVP) proposed budget for 2026, amounting to P902.895 million, for plenary consideration. This was after Senate Majority Leader Juan Miguel "Migz" Zubiri cited...
Taiwan Expo, a government-backed program that promotes Taiwanese products and innovation in neighboring countries, showcased its best brands this year at the Taiwan Expo 2025 in the Philippines, held at the SMX MOA Convention Center from September 17 to 19. Inside the expo were a wide range of...
The country 's top drivers in various fields will raise the Philippine flag in regional motorsports competition this weekend. The Automobile Association of the Philippines (AAP) has sent off a 12-member strong Philippine team to compete at the Asia Pacific Motorsports Championship (APMC)...
Severe Tropical Storm Opong (international name: Bualoi) is expected to make another landfall over Oriental Mindoro on Friday, September 26, after crossing Romblon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). In its 11 a.m. bulletin,...
Typhoon ‘Opong’ made landfall in Eastern Visayas, disrupting four transmission lines in Samar, according to the National Grid Corporation of the Philippines (NGCP). In a situational report issued at 9 a.m. on Friday, Sept. 26, the NGCP said that the affected transmission lines have impacted...
Following the plans to expedite the transmission projects of the National Grid Corporation of the Philippines (NGCP), the Energy Regulatory Commission (ERC) has identified 13 projects awaiting approval. In a commission meeting held on Thursday, September 25, the ERC noted ₱93.6 billion worth of...
Due to political turmoil and the ongoing probe into flood control scandals, the Philippine peso depreciated to its weakest level in nearly two months at ₱58:1 against the United States (US) dollar. It closed at ₱58.1 on Thursday, Sept. 25, from ₱57.46 last Wednesday, September 24. This was...
Members of the Joint Foreign Chambers of the Philippines (JFC) have presented a fresh list of reforms to the government, aimed at increasing the competitiveness of the Philippines, which has lagged behind its peers in Southeast Asia. During the 14th Arangkada Philippines Forum, the JFC unveiled the...
The United Coconut Association of the Philippines (UCAP) is in support of the proposed increase in biodiesel blend next year, fueled by confidence that coconut production will recover from weather-inflicted setbacks. UCAP Vice Chairman Dean Lao Jr. said the industry group is open to lifting the...
The Philippine business community is in synch with other sectors of Filipino society in condemning those responsible for the trillion-peso flood control projects scandal. Many industry groups, including the Financial Executives Institute of the Philippines, have expressed their outrage and disgust...
