State-lender Land Bank of the Philippines (LBP) is expanding its response to the energy crisis through a coordinated package of fuel subsidies, commuter rebates, and low-interest loans, aiming to shield the transport and agriculture sectors from volatile global prices. Landbank said in a statement...
Senator Imee Marcos is no stranger to posting short-form video content on political topics, but this time she channeled her inner Miranda Priestly to recreate a well-known scene from The Devil Wears Prada, while also portraying her assistant, Andrea Sachs. In the video, Marcos alternates between...
The peso pierced the ₱61:$1 level on Tuesday, April 28, as the oil-vulnerable local currency continued to weaken amid uncertainties wrought by the prolonged war in the Middle East. As of 1:52 p.m., the peso hit an intraday low of ₱61.08 against the United States (US) dollar after opening...
Philippine and allied forces staged a large-scale coastal defense drill on Monday, April 27, simulating an enemy amphibious landing in a town facing the West Philippine Sea (WPS). The Armed Forces of the Philippines (AFP), together with the United States Armed Forces, Australian Defence Force, and...
The Communist Party of the Philippines (CPP) disputed the military’s account of the April 19 operation in Toboso, Negros Occidental, saying only a small number of those killed were its fighters while the rest were civilians. In a statement, CPP chief information officer Marco Valbuena said only...
The World Bank has given its go-ahead to the $24.5-million Technical Assistance for Sustainable Agricultural Transformation (TASAT) program, which will complement the Philippines’ largest-ever single loan from the Washington-based multilateral lender aimed at diversifying the sector and moving...
Aboitiz-led Union Bank of the Philippines (UnionBank) reported a 167-percent surge in net income to ₱3.8 billion in the first quarter of 2026 despite some trading losses arising from market volatility associated with the Iran conflict. The bank noted that it continued the momentum that started in...
The Armed Forces of the Philippines (AFP) has installed a new commander of the Western Command, a Palawan-based unit responsible for operations in the country’s western maritime territories, including the West Philippine Sea (WPS). AFP Chief, General Romeo Brawner Jr. presided over the change of...
State-owned Development Bank of the Philippines (DBP) commemorates its 79th anniversary steadfast in fulfilling its developmental mandate ─ remaining a strong and financially stable government financial institution fully capable of supporting the socio-economic agenda of President Ferdinand R....
Armed Forces of the Philippines (AFP) Chief, Gen. Romeo S. Brawner Jr. lauded troops for its “successful” April 19 operation against communist rebels in Toboso, Negros Occidental that left 19 people dead even as a human rights group renewed calls for an independent probe into what it claimed...
Aboitiz-led Union Bank of the Philippines (UnionBank) is unfazed by the ongoing crisis spawned by the Iran war and is confident it will continue to deliver sustainable growth this year. “We entered 2026 on solid foundations with a clear focus on sustainable growth and improved shareholder...
State-owned Development Bank of the Philippines (DBP) has been recognized by its regulator for its adherence to good corporate governance and by an international organization for its sustainability programs, a top official said. DBP President and CEO, Michael O. de Jesus, said the Bank was hailed...
