For decades, the Philippines relied on mandated credit quotas to push banks toward underserved sectors. The Agri-Agra Law and micro, small, and medium enterprise (MSME) lending requirements under the Magna Carta were intended to correct market failures by steering resources toward agriculture and...
The Philippine herbal medicine industry is growing, driven by rising consumer interest in natural, plant-based remedies. According to Insight10, a healthcare-focused research and consulting firm—as mentioned in a BusinessWorld article last month—the Philippine herbal supplement market was...
State-run Land Bank of the Philippines (Landbank) has agreed to sell its 2.15-percent stake in Philippine Dealing System Holdings Corp. (PDSHC) to the Philippine Stock Exchange (PSE), allowing the bourse to increase its stake to 80.48 percent. The PSE disclosed that it has entered into a share...
The Senate on Monday, Dec. 22, moved to amend its legislative calendar to give more time for the preparation, printing, and ratification of the Bicameral Conference Committee report on the proposed P6.793-trillion General Appropriations Bill (GAB) for fiscal year 2026. During the plenary session,...
Executive Secretary Ralph Recto said he will fully cooperate in the investigation over technical malversation, plunder, and grave misconduct complaints filed against him at the Office of the Ombudsman. Save the Philippines Coalition has filed the complaints against Recto and former Philippine...
National Grid Corporation of the Philippines (NGCP) formally assumed ownership and operation of the 69-kilovolt transmission line in Aklan province, moving to stabilize a power link that has been plagued by outages and technical decay. In a statement on Friday, Dec. 19, NGCP said the grid operator...
EVOxTerra Inc., the official distributor of Hongqi vehicles in the Philippines, marks another milestone as it officially joins the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), the country’s leading automotive association representing the industry’s foremost automotive...
The Senate leadership and majority have welcomed the Bicameral Conference Committee’s approval of the proposed ₱6.793-trillion national budget for 2026, describing it as the most transparent budget process in recent memory. “We in the Senate leadership and majority welcome the bicam approval...
The Catholic Educational Association of the Philippines (CEAP) on Tuesday, December 16, welcomed the historic livestreaming of the bicameral budget deliberations, saying the move marks a significant step toward greater transparency and public participation in the national budget process. In a...
I tend to agree with the Andy Williams song: “It’s the most wonderful time of the year.” While other people may not have nice things to say about the Christmas season, the point is that it is, indeed, the best time of the year. Top of mind among the things that make this season special is the...
Maharlika Investment Corp.’s (MIC) ₱19.7-billion acquisition play for a 20 percent stake in Synergy Grid and Development Philippines Inc. (SGP), the holding gateway to transmission firm National Grid Corporation of the Philippines (NGCP), failed to close on the original schedule. This failure...
The Department of Public Works and Highways (DPWH) has asked the Senate to reconsider 2026 budget reductions, citing the need to apply updated construction cost data to ensure accurate project costing and proper execution. DPWH said the request focuses on securing authority to implement...
