Following the Philippines’ inclusion in a global list of the 10 worst countries for workers, the Department of Labor and Employment (DOLE) defended the country’s labor record, citing ongoing reforms and recent milestones as proof of progress in upholding workers’ rights. Labor Secretary...
The advertising industry will be the clear winner when more casino operators try to jump on the online gaming bandwagon since these new players will have to spend billions of pesos monthly just to get a foot into the market and take some market share away from the first movers. Unicapital...
After two years under a rigorous global labor compliance review, the Philippines has taken a leading role in shaping international standards for the fast-growing platform economy, the Department of Labor and Employment (DOLE) said. DOLE Secretary Bienvenido E. Laguesma said the Philippines’s...
The ongoing study of the Philippine Ports Authority (PPA) on at least three regional port facilities that will serve as support infrastructure to the emerging offshore wind industry in the power sector had hit chokepoints, including budget constraints for two of them; while the plug had been pulled...
DoubleDragon Corp. reported that the United States Securities and Exchange Commission (US SEC) has declared effective its subsidiary Hotel101 Global Holdings Corp. 's registration statement on Form F-4 in connection with the business combination with JVSPAC Acquisition Corp. for its NASDAQ...
Philippine universities are facing an uphill battle on the global academic stage, according to the newly released Philippines University Rankings 2025 by the Center for World University Rankings (CWUR), published on Monday, June 2. Despite the inclusion of two institutions—University of the...
Following the pickup in manufacturing in April, Philippine factory growth in May slowed to an almost stagnant pace as production declined due to waning demand for new orders from foreign markets and the sharpest drop in employment in the sector in nearly a year. Data from S&P Global revealed that...
The proposal to tax outbound remittances of non-United States (US) nationals would slash Philippine inflows by as much as $476.5 million or over ₱26 billion per year, according to estimates from the Washington-based Center for Global Development (CGD). In a May 28 blog post, CGD experts Helen...
DoubleDragon Corporation’s Hotel101 Global (Hotel101) has teamed up with Horizon Group for a major expansion in the Kingdom of Saudi Arabia with plans to develop up to 10,000 hotel rooms worth $2.5 billion. In a disclosure to the Philippine Stock Exchange, DoubleDragon said Hotel101 has signed a...
Ayala Land Inc., Megaworld Corp., Robinsons Land Corp., and SM Prime Holdings Inc., the Philippines’ top four property developers, are set to accelerate their premium residential projects over the next one to two years, in a bid to cushion the impact of slowing demand in the mass housing segment....
Japanese retail giant Pan Pacific International Holdings Corporation (PPIH), operator of the popular Don Quijote and Don Don Donki store chains, has expressed interest in increasing their offering of Philippine-made goods. In a statement, the Department of Trade and Industry (DTI) said top...
Underscoring its commitment to international health cooperation and the advancement of equitable healthcare systems worldwide, the Philippines has taken center stage in global health diplomacy by assuming a key leadership role during the 78th World Health Assembly (WHA). In a statement, the...
