Recent rotational brownouts in Luzon have highlighted the urgent need to modernize the country’s aging power grid, with state-run policy think tank Philippine Institute for Development Studies (PIDS) warning that transmission bottlenecks and delayed infrastructure projects are increasingly...
President Marcos has met with Japan International Cooperation Agency (JICA) President Dr. Tanaka Akihiko in Tokyo to strengthen one of the Philippines’ “most important development partnerships,” with discussions centering on infrastructure modernization, healthcare, climate resilience, and...
The Asian Development Bank (ADB) has greenlit an investment of at least $50 million in a regional private equity fund targeting mid-sized companies in Southeast Asia, including the Philippines, and India. Project documents seen by Manila Bulletin showed that the Manila-based multilateral lender...
The Philippine Stock Exchange index (PSEi) plunged on Thursday, May 28, as hopes for peace in the Middle East dimmed following fresh United States (US) strikes in Iran while the two countries’ positions remain incompatible. The main index fell by 103.3 points, or 1.73 percent, to close at...
Repower Energy Development Corp. (REDC) is expanding its footprint in the Visayas through a joint ₱3.9 billion transaction to acquire a major hydropower facility, according to a stock exchange filing on Thursday, May 28. The renewable energy developer, alongside Tokai Corp. and Sustainable Energy...
To further widen the reach of President Ferdinand R. Marcos Jr.’s flagship Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program and help address the oversupply of available housing inventory, Pag-IBIG Fund has raised its maximum housing loan amount per borrower to ₱10 million....
As one of Time Magazine 's World’s Greatest Places of 2026, Kaway’an EcoPark joins the coveted global list of extraordinary destinations featuring groundbreaking bamboo ecotourism. Located at Sabella Village in General Trias City, Cavite, the three-hectare eco-park was built by Citihomes...
The Philippines will repay its new $600-million World Bank loan for education reform until 2055, while also securing a separate $24.5-million grant to support sustainable agriculture transformation, newly signed agreements between the government and the Washington-based multilateral lender showed....
The Philippines’ debt as a share of economic output is expected to remain elevated above 60 percent of gross domestic product (GDP) this year as the government ramps up borrowings to support its response to the national energy emergency amid the prolonged war in the Middle East. Based on the...
The Philippines is expected to remain a major supplier of caregivers, nurses, and domestic workers to aging economies in the Asia-Pacific region, although state-run policy think tank Philippine Institute for Development Studies (PIDS) warned that Filipina migrant workers continue to face precarious...
The Philippine Stock Exchange index (PSEi) dropped on Tuesday, May 26, as investors took profits ahead of the Eid al-Adha holiday on concern over the Middle East situation after the United States (US) launched strikes against Iran. The main index lost 46.14 points, or 0.77 percent, to close at...
Early this month, Oscar-winning actress Melissa Leo famed for her role in “21 Grams,” “Frozen River,” “The Fighter,” “The Most Hated Woman in America,” among others, was in town for a week to mentor young talents from Star Magic, Sparkle, Star Worx, and the Aktor PH Guild in...
