The Philippine Stock Exchange index (PSEi) fell on Tuesday, Aug. 26, even when it was expected to be buoyed by prospects of lower interest rates, as investors were more concerned about United States (US) President Donald J. Trump’s firing of US Federal Reserve (Fed) Governor Lisa Cook amid the...
State-run think tank Philippine Institute for Development Studies (PIDS) has called for a review of the effectiveness of the government’s free public internet program to ensure its long-term sustainability. In an Aug. 25 comment on Republic Act (RA) No. 10929 or the Free Internet Access in Public...
The Department of Economy, Planning, and Development (DEPDev) welcomed the enactment of the Konektadong Pinoy (KP) Act, which it said aims to bridge the digital divide and accelerate the country’s digital transformation, in line with the Philippine Development Plan (PDP) 2023–2028. In a...
State-run think tank Philippine Institute for Development Studies (PIDS) has recommended the inclusion of stricter safeguards for public-private partnership (PPP) projects under a Senate bill (SB) seeking to accelerate classroom construction nationwide. In an Aug. 18 comment on SB No. 121, or the...
State-run think tank Philippine Institute for Development Studies (PIDS) has urged the Senate to harmonize pending anti-political dynasty bills into a single measure, warning that unchecked dynasties continue to weaken governance and perpetuate inequality. In an Aug. 20 comment on three Senate...
As fuel prices are expected to spike by the last week of August, state-run think tank Philippine Institute for Development Studies (PIDS) maintained that deregulation remains the more viable policy path over reviving the Oil Price Stabilization Fund (OPSF). According to Adoracion Navarro, senior...
Urging full transparency and greater investment in education and human capital, an advocacy group on Saturday, August 23, called on lawmakers to prioritize Filipinos over infrastructure as they tackle the 2026 budget. “We must allocate our resources where they matter most, because every peso...
Hann Holdings Inc., the owner and developer of the integrated resort (IR) Hann Resort in Clark, Pampanga, has shelved its planned ₱13-billion initial public offering (IPO) indefinitely due to adverse domestic and global market conditions. An investment banker and other stock market sources...
The main index of the Philippine Stock Exchange (PSEi) ended on Wednesday, Aug. 20, flat as investors awaited the results of the Federal Reserve meeting before making any major moves. The PSEi eked out a marginal gain of 0.2 points, or 0.003 percent, to close at 6,277.87. Sectoral indices were...
The Manila Hotel has entered into a landmark partnership with the Technical Education and Skills Development Authority (TESDA) through the signing of a Memorandum of Understanding (MOU). The partnership designates the historic hotel as an official training ground for aspiring hoteliers and...
Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of NASDAQ-listed Hotel101 Global Holdings Corp., has entered into definitive agreements to develop two hotel projects in Cambodia worth ₱6.3 billion. Hotel101’s parent company DoubleDragon Corp. reported to the Philippine Stock...
The government has programmed ₱419.9 billion in infrastructure spending for the third quarter, the biggest quarterly infra disbursement for 2025, at a time when allegedly fraudulent flood control projects are taking the spotlight amid concerns about some wasteful and corruption-laden public...
