Aboitiz Equity Ventures Inc. reported a 27 percent drop in consolidated net income of ₱8.4 billion in the first half of 2025 from the ₱11.5 billion earned in the same period last year due to lower earnings from its power and banking units, coupled with losses of its property and infrastructure...
The European Union (EU) announced that it is providing €500,000 (approximately P33 million) in humanitarian aid to help the victims of the recent typhoons and floods in the Philippines. In a statement, the EU said the funding “will help address the most pressing needs of people in the hardest...
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...
SAN FERNANDO CITY, La Union – Damage to infrastructure, agriculture, and livestock from tropical cyclone ‘’Emong’’ in this province has reached P6 billion. Two people were killed and three were injured, the Provincial Disaster Risk Reduction and Management Office (PDRRMO) said. A...
DAGUPAN CITY – Agriculture and infrastructure damage in La Union due to typhoon ‘’Emong’’ has breached the P1-billion mark, according to the latest situational report of the Provincial Disaster Risk Reduction and Management Office (PDRRMO). The report, issued Thursday, said that as of the...
Aboitiz-led Union Bank of the Philippines (UnionBank) expects its earnings to improve soon even as continuing costs for the expansion of its credit card business weighed net income down by 35 percent to ₱3.3 billion in the first half of 2025 from ₱5.07 billion in the same period last year. The...
The Philippines expects negotiations for a free trade agreement (FTA) with the European Union (EU) to conclude next year, as the government seeks to open new markets for its goods and services. Department of Trade and Industry (DTI) Secretary Cristina Roque stated that the FTA with the 27-member...
The ambassadors of the European Union, France, Germany, and the United States expressed their solidarity with Filipinos as recovery from the effects of the recent typhoons and enhanced southwest monsoon, or habagat, begins across the affected areas. Ambassadors Massimo Santoro of the European...
A severely damaged headquarters did not deter troops from the Philippine Navy (PN) in La Union from performing their mandate to ensure the safety of the people amid the onslaught of Tropical Cyclone “Emong”, a ranking official disclosed Saturday, July 26. Captain John Percie Alcos, PN...
SAN FERNANDO CITY, La Union – The province of La Union is under a state of calamity due to the severe impact of successive tropical cyclones and the southwest monsoon or ' 'habagat. ' ' The Sangguniang Panlalawigan has approved Resolution No. 1410-2025 placing the province...
MALASIQUI, Pangasinan – The province of La Union has incurred about P1.4-million in damage to agriculture from tropical cyclone ‘’Crising’’ (international name ‘’Wipha’’), based on the initial assessment of the La Union Provincial Disaster Risk Reduction and Management Office...
The Philippines and the European Union (EU) are seeking to expedite the conclusion of negotiations for a free trade agreement (FTA) amid uncertainties in global trade, with the next round of talks scheduled for October in Manila. Department of Trade and Industry (DTI) Undersecretary Allan Gepty,...
