The Philippine Stock Exchange index (PSEi) fell as the week ended on Friday, July 31, as investors cashed out ahead of the release of inflation and gross domestic product (GDP) data, as well as the rebalancing of the bourse’s benchmark index next week. The main index lost 69.31 points, or 1.1...
Filipina migrant workers have become indispensable to caring for aging populations across the Asia-Pacific region, but they continue to face gaps in labor protection, employment conditions, and gender equality, according to state-run policy think tank Philippine Institute for Development Studies...
Manila Electric Co. (Meralco) customers are set to save nearly ₱5 billion through the end of the year after the country’s largest power distributor secured lower rates under an extended supply contract with the First Gas Sta. Rita plant. Jose Ronald Valles, Meralco head of regulatory affairs,...
Manila Electric Co. (Meralco) Chairman Manuel V. Pangilinan said the power utility is open to acquiring a stake in geothermal producer Energy Development Corp. (EDC) if the asset is formally placed on the market. Pangilinan noted that investing in the Lopez-led geothermal firm could significantly...
Local stocks advanced as investors drew encouragement from signals that the Bangko Sentral ng Pilipinas (BSP) will refrain from aggressive interest-rate hikes, easing worries over rising borrowing costs and bolstering appetite for risk assets. The Philippine Stock Exchange index (PSEi) added 49.01...
Government technology (GovTech) reforms in the Philippines’ Pantawid Pamilyang Pilipino Program (4Ps) have generated tens of millions of dollars in annual savings by plugging leakages, while improving the targeting of beneficiaries as well as curbing corruption and fraud, according to the World...
Cities with fully automated business permits and licensing systems (BPLS) posted stronger local business tax (LBT) revenue growth, with only 54 of the 138 Philippine cities studied having fully automated their BPLS, according to state-run policy think tank Philippine Institute for Development...
The influential Makati Business Club (MBC) has questioned the lack of concrete plans presented for the proposed Pax Silica artificial intelligence (AI) industrial hub in New Clark City during President Ferdinand Marcos Jr.’s recent State of the Nation Address (SONA). The MBC, which represents the...
The Philippine Technology Transfer Act has failed to commercialize publicly funded research and development (R&D) despite 15 years of implementation, leaving technology transfer at a “nascent stage,” according to state-run policy think tank Philippine Institute for Development Studies (PIDS)....
The Philippine Stock Exchange index (PSEi) dipped on Tuesday, July 28, after President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) last Monday, July 27, failed to distract investors from concerns over the Middle East and upcoming corporate earnings reports. The main index shed 10.87...
President Ferdinand R. Marcos Jr. highlighted the gains achieved by the Department of Human Settlements and Urban Development and Pag-IBIG Fund under the Expanded Pambansang Pabahay para sa Pilipino Program during his 2026 State of the Nation Address, reporting that more than 500,000 homes have...
The Quezon City government has opened applications for the first batch of fellows under the Betty Go-Belmonte Research Grants Program to support evidence-based research that will help shape public policy and advance the city 's sustainable development. Mayor Joy Belmonte said the program...
