The San Juan City government on Tuesday, June 17, launched a series of programs and events promoting health, environmental sustainability, and community development in celebration of its 18th Cityhood Anniversary. Eighteen years ago, San Juan was converted from a municipality into a highly...
The Philippines climbed one spot in this year’s edition of the World Competitiveness Ranking by the Switzerland-based International Institute for Management Development (IMD), on the back of strong economic performance, while still being among the worst performers in the Asia-Pacific region. The...
The ongoing war between Israel and Iran pulled down the PSEi as it made investors jittery. The main index dropped 37.01 points, or 0.58 percent, to 6,358.58, although sectoral indices were evenly split. Volume was strong at 1.07 billion shares worth ₱8.82 billion, as losers outnumbered...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has secured an over ₱14-million funding from the Manila-based Asian Development Bank (ADB) to harmonize and digitize reporting among state corporations. In 2025, we are proud and honored to have created a partnership...
Even as the Philippine peso depreciated against the United States (US) dollar at a pace that was among the worst among emerging market (EM) currencies last week, the Bangko Sentral ng Pilipinas (BSP) is still expected to cut interest rates this week. Data from the Bankers Association of the...
State-owned Development Bank of the Philippines (DBP) has been recognized by an international group of development financial institutions for its programs aimed at advancing financial inclusion in agriculture and restoring forest cover. DBP President and Chief Executive Officer Michael O. de Jesus...
The PSEi rose on upbeat United States (US) data and expectations of a Bangko Sentral ng Pilipinas (BSP) rate cut next week, but failed to close above the 6,400-level due to concerns over Israel’s bombing of targets in Iran. The main index added 14.27 points, or 0.22 percent, to close at 6,395.59....
A new $400-million (over ₱22-billion) loan to be greenlit by the Manila-based Asian Development Bank (ADB) for the Philippines aims to enhance its host country 's business environment through technology. An ADB concept note dated May 31 showed that the fact-finding mission for the Business...
Raising the minimum wage by ₱200 would have “dangerous repercussions,” including hurting the Philippine economy, small business owners, and driving a spike in consumer price hikes, according to the Marcos administration’s economic managers. This comes as the public has intensified their...
The Social Housing Finance Corporation (SHFC) is rolling out capacity-building initiatives focused on education and livelihood—backed by international artist and philanthropist Apl.de.Ap—to uplift low-income families in government housing communities. SHFC President and CEO Federico Laxa and...
The Philippine Stock Exchange index (PSEi) dropped after the Bangko Sentral reported that foreign direct investments slid in the first quarter of the year. The main index lost 58.46 points, or 0.91 percent, to close at 6,347.67, as Banks led the retreat across the board. Volume rose to 1.45 billion...
Philippine Army (PA) Reserve Officer Training Corps (ROTC) cadets showcased next-generation technological research designs for defense and disaster response during the first ROTC Innovation Expo at the Technological University of the Philippines (TUP) Main Campus in Ermita, Manila on Sunday, June...
