Redeveloping the Pasig River Corridor into a continuous network of parks, esplanades, and other public open spaces could yield ₱6 to ₱8 in economic, environmental, health, as well as social benefits for every ₱1 invested, according to consultants’ reports prepared for the Manila-based Asian...
Multilateral development banks (MDBs), including the Manila-based Asian Development Bank (ADB) and the Washington-based World Bank Group (WBG), increased climate financing to a record $163 billion in 2025, reinforcing their role in supporting resilient and sustainable economies amid mounting...
The Philippine Stock Exchange index (PSEi) opened the week lower as early bargain-hunting gave way to concerns over rising tensions in the Middle East. The main index shed 20.98 points, or 0.33 percent, to close at 6,265.72. Miners led the retreat, while services was the only sector to finish in...
The Philippine government and the Organisation for Economic Co-operation and Development (OECD) on Monday, July 13, launched a Peer Exchange Mission in Manila aimed at strengthening public finance resilience and advancing sustainable, resilient communities through evidence-based policymaking and...
As extreme weather becomes more regular in the Philippines, flood management has become one of the defining challenges of urban development. In this context, conversations around resilience must move beyond emergency response and towards a more fundamental question: how can urban spaces be planned...
The Philippine Stock Exchange index (PSEi) resumed its upward trajectory on Friday, July 10, after the previous trading day’s breather, as easing United States (US)-Iran tensions and a vote of confidence in the Philippine economy from US aid agency Millennium Challenge Corp. (MCC) lifted investor...
The Asian Development Bank (ADB) slashed its Philippine economic growth forecast to 3.8 percent this year, which, if realized, would be the country’s slowest post-pandemic expansion amid delayed investments, higher inflation, and risks from climate shocks. In its Asian Development Outlook (ADO)...
President Marcos’ economic team downgraded its growth targets and raised its inflation forecasts for the year due to heightened domestic governance issues, geopolitical tensions in the Middle East, and the looming El Niño phenomenon threaten to disrupt the country’s economic momentum. The...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
The Philippines remains energy insecure as its growing dependence on Middle Eastern crude oil and tightening power reserves leave the country increasingly vulnerable to global fuel supply disruptions as well as power supply risks, according to state-run think tank Philippine Institute for...
Local equities extended their winning streak to a fifth consecutive session as market sentiment received a boost from a slower-than-expected inflation print for June. The Philippine Stock Exchange index (PSEi) edged up 23.12 points, or 0.37 percent, to finish at 6,247.11 on Tuesday, July 7. Despite...
Heeding President Ferdinand R. Marcos Jr.’s directive to make homeownership more accessible to Filipino workers under the Expanded Pambansang Pabahay para sa Pilipino Program (Expanded 4PH), Pag-IBIG Fund continues to offer more affordable home financing options through its 3 percent subsidized...
