Driven by its robust financial performance in 2024 and sustained momentum into 2025, the Land Bank of the Philippines (LANDBANK) has declared a cash dividend of ₱33.53 billion to the National Government — the highest in the Bank’s history. This record-setting cash dividend is expected to fund...
The Manila-based multilateral lender Asian Development Bank (ADB) is urging its host country to ramp up nationwide mobile internet access to boost Filipino households ' wealth. "Our findings show that mobile internet access has a significant and positive impact on household wealth,...
State-backed Maharlika Investment Corporation (MIC) will provide strong support, including a prospective recommendation to President Marcos, for a 25-year extension of the concession agreement for system operator National Grid Corporation of the Philippines (NGCP), allowing it to continue managing...
Citing his decisive leadership and dedication to improving the country’s education system in a short span of time, the Catholic Educational Association of the Philippines (CEAP) on Saturday, May 24, called on President Marcos to reinstate former senator Sonny Angara as Secretary of the Department...
The Energy Regulatory Commission (ERC) said that it has yet to finalize its review of projects by the National Grid Corporation of the Philippines (NGCP). In a statement on Friday, May 23, ERC Chairperson Monalisa Dimalanta clarified that the project costs will need evaluation and approval during...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
Before the Israel-Hamas conflict broke out in 2023, this writer was blessed to join a Holy Land pilgrimage in Israel. One of the highlights of the visit was the Church of the Holy Sepulcher in Jerusalem, one of the holiest places in Christendom, believed to encompass both Golgotha, the site of...
The race to renewable energy (RE) integration continues, as the Department of Energy (DOE) has approved five clean energy projects for system impact studies (SIS). These endorsements to the National Grid Corporation of the Philippines (NGCP) will help assess the viability of the power grid to...
The Securities and Exchange Commission has approved the merger of Uniholdings Inc. (formerly Chemical Industries of the Philippines Inc.) with six companies and its capital increase to pave the way of the backdoor listing of the Unioil group’s real estate firms. At the company’s Annual...
An archipelago of 7,641 islands, there’s something magical about traveling across the Philippines. Beyond the beaches and lush mountains lies a rich story of heritage, hospitality, and heartfelt encounters. Over the past year, I 've had the joy of discovering some of the country’s most...
Vehicle sales in the Philippines grew by 2.5 percent in April, which marked the slowest growth in seven months, amid a sharp decline in passenger car sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed...
The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation of the Philippines (NGCP) to resolve the “ mismatch ” in the country’s transmission development game plan, to ensure that the grid actually delivers where the capacities are needed....
