State-owned Development Bank of the Philippines (DBP) has launched a ₱510-million corporate social responsibility (CSR) program designed to strategically allocate resources and promote access to quality education in both the basic and tertiary levels, a top official said. DBP President and Chief...
Following the presidential directive to crack down on contractors involved in anomalous flood control projects, the Department of Budget and Management (DBM) is canceling the Philippine Government Electronic Procurement System (PhilGEPS) membership of these firms to bar them from future government...
Flag carrier Philippine Airlines (PAL) has expressed its commitment to align with the government’s agenda on connectivity and tourism, as the Department of Transportation (DOTr) pressures local carriers to lower airfares. “As the flag carrier, we stand ready to align our efforts with...
The Department of Energy (DOE) is considering exceptions to its ban on new coal-fired power plants, aiming to allow limited “own-use” facilities to help regional power shortages and support renewable energy with additional baseload power. The coal moratorium, introduced in 2020, was designed to...
The Department of Trade and Industry (DTI) is revamping its key construction regulatory bodies following the abrupt resignations of top officials amid a widening investigation into alleged corruption. Trade Secretary Cristina A. Roque has named Doris U. Gacho as acting executive director of the...
The Department of Health (DOH) on Saturday, September 6, said the total number of leptospirosis cases in the country has reached 4,859 since the rainy season began in June. The figure covers the period from June 8, a week after the Philippine Atmospheric, Geophysical and Astronomical Services...
Citicore Renewable Energy Corp. (CREC) has secured the largest number of projects in the preliminary results of the Department of Energy’s (DOE) fourth Green Energy Auction (GEA-4). The DOE’s advisory listed CREC, along with Ramon Ang-led SMC Global Light and Power Corp. and Joy-Nostalg Solaris...
Sen. Raffy Tulfo is pushing for an across-the-board minimum wage for workers in Metro Manila and the provinces. Tulfo, vice chairperson of the Senate Committee on Labor and Employment said that currently, the daily minimum wage for non-agricultural workers in the National Capital Region (NCR)...
While the Philippines is exploring the re-entry of nuclear power, securing financing may prove challenging as some local banks remain cautious about backing such projects. In an exclusive interview, Michael Ricafort, Chief Economist at Rizal Commercial Banking Corp. (RCBC), explained that the high...
Motorists should brace for a potential fuel price increase next week, with per-liter costs for gasoline and diesel expected to rise by more than a peso due to global geopolitical tensions and sanctions. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), the price of...
Senator Raffy Tulfo on Thursday, Sept. 4, warned Department of Labor and Employment (DOLE) Secretary Bienvenido Laguesma on Thursday. Sept. 4, that he will move to defer the agency’s 2026 budget if it fails to improve performance and remove erring field inspectors who neglect their duties. Tulfo...
An official from the United States Department of State assured the Philippines that more aid will be coming to the country despite the realignment of official foreign assistance by the second Trump administration. In a media roundtable at the US Embassy in Manila on Thursday, Sept. 4, Principal...
