Financial literacy is a must-have tool, especially for younger folks navigating today’s complex economy. In the Philippines, where more and more people are getting credit cards, knowing how to manage credit and use it wisely is more important than ever. My own kids, Carl and Nia, really showed me...
Renewable energy (RE) firm Alternergy Holdings Corp.’s wind unit has been granted a regulatory go-signal to link the 64-megawatt (MW) Alabat wind power project in Quezon province to the Luzon grid. In a statement on Monday, Aug. 4, Alternergy announced that the Energy Regulatory Commission (ERC)...
Private-sector economists expect the Philippine economy to have expanded at a faster pace in the second quarter, compared to the first three months, driven by robust household consumption during the midterm election period, even amid external headwinds. The consensus growth forecast stands at 5.6...
The spokesperson of the Chinese Embassy in Manila slammed “some officials” of the Philippines for engaging in “political theatrics” and for trying to escalate the tensions between Manila and Beijing as it asserted its claims in the resource-rich South China Sea. In a statement on Friday,...
The Chamber of Mines of the Philippines (COMP) said recent reforms in the mining industry, focused on policy stability and ease of doing business, will help drive more investments into the country. “Under President Ferdinand R. Marcos Jr., the Philippine government has sent a clear and consistent...
National Grid Corp. of the Philippines (NGCP) is placing the Visayas and Mindanao grids on yellow alert due to power plant outages and high system demand. Effective Friday, Aug. 1, from 6 to 8 p.m., the two regions will be put on a yellow alert—an advisory issued when the operating margin is...
Two senators have called for urgent and comprehensive reforms in the Philippine education system, urging the 20th Congress to pursue “radical change” through the 2026 education budget, and outlining a seven-point agenda to address the country’s education crisis. In his first privilege speech...
After a four-day losing streak, the Philippine peso continued depreciating against the United States (US) dollar on Thursday, July 31, as it dropped to its lowest in more than five months since February this year. It shed 74 centavos to close at ₱58.32 from ₱57.58 last Wednesday. The last time...
The Department of Education (DepEd) on Wednesday, July 30, expressed strong support for the Marcos administration’s renewed call to address the country’s persistent classroom shortage, emphasizing that public-private partnerships (PPPs) will play a crucial role in accelerating school...
The Senate will decide on Aug. 6 on whether or not to proceed with the impeachment trial of Vice President Sara Duterte, following the recent Supreme Court (SC) ruling that declared the impeachment complaint unconstitutional. Senate President Francis “Chiz” Escudero announced on Tuesday, July...
In a landmark move to overhaul the country’s education system, the Department of Education (DepEd) on Tuesday, July 29, launched the Quality Basic Education Development Plan (QBEDP) 2025–2035—a comprehensive 10-year roadmap aimed at strengthening foundational skills, expanding digital...
The Senate announced on Tuesday, July 29, its initial roster of committee chairmanships in the nascent 20th Congress. The list shows a mix of seasoned and new lawmakers taking charge of some of the most significant committees in the upper chamber. Senator Rodante Marcoleta, a first-time senator,...
