The government’s move to expand the work-from-home (WFH) limit for companies based in ecozones to as much as 90 percent further strengthens foreign companies’ confidence that the Philippines will safeguard their investments amid global turbulence, the American Chamber of Commerce of the...
The collapse of peace talks between the United States (US) and Iran over the weekend could hurt semiconductor manufacturers in Asia, including the Philippines, according to British banking giant Barclays. “A prolonged energy disruption could lead to a tail-risk scenario that hits semiconductor...
The United States Marine Corps (USMC) has practiced moving warfighting equipment from sea to shore in northern Mindanao ahead of Exercise Balikatan this month. The rehearsal held last month centered on a maritime prepositioning force offload at the port of Cagayan de Oro as the USNS Sgt. William W....
State-owned Development Bank of the Philippines (DBP) has been named the top disbursement partner for the Pag-IBIG Fund’s digital payment initiatives, reinforcing the lender’s role in streamlining the financing pipeline for the nation’s housing sector. The Pag-IBIG Fund, officially known as...
Unity and sustained cooperation among the Association of Southeast Asian Nations (ASEAN) are crucial as Southeast Asia faces growing maritime security challenges, Armed Forces of the Philippines (AFP) Chief Gen. Romeo Brawner Jr. said on Friday, April 10. Brawner made the statement during the 11th...
Net inflows of brick-and-mortar foreign direct investments (FDI) in the Philippines fell to $443 million in January from $729 million a year ago, as rising geopolitical risks weighed on investor sentiment at the start of the year. This marks the lowest level in four months since the $316 million...
So much has been said about businesses bracing for a possible economic crisis ahead. But are we, as individuals, equally prepared? Everything begins at home—even if our businesses can withstand the crisis, how will we manage on a personal level? The right mindset, first of all, is not to panic....
Power rates in Luzon may see an increase this month, as its average spot market price posted the highest jump among the three regions due to the power supply-demand imbalance experienced in March. In a media briefing on Wednesday, April 8, Independent Electricity Market Operator of the...
Oil shocks have a way of reminding nations how exposed their economies remain to global energy volatility. When crude prices surge, the consequences ripple quickly through daily life: transport fares climb, delivery costs rise, and food prices inevitably follow. The Philippines is no exception. In...
The Electric Vehicle Association of the Philippines (EVAP) has installed a new Board of Directors, with Autohub Group President and CEO Willy Tee Ten taking over as president. The EVAP group stages the annual Philippine EV Summit, a trade show and auto expo displaying the latest electric vehicles...
Senator Erwin Tulfo on Sunday, April 5 lauded Korean Ambassador to the Philippines Lee Sang Hwa for swiftly acting on the reported “no Filipino policy” being implemented by several Korean KTV and restaurants in Angeles City and Clark in Pampanga. Earlier, Tulfo demanded an investigation...
Every May, the streets of the Philippines become a platform for beauty and devotion as Filipinos celebrate Flores de Mayo. Introduced by the Spaniards in the 1800s, the festival is celebrated throughout the month as a way to honor the Blessed Virgin Mary through prayers, flower offerings, and, one...
