A bill supported by United States (US) President Donald Trump, currently pending approval in the US Senate, would likely only minimally reduce remittances to the Philippines as more Filipinos who used to work overseas have returned home, according to Deutsche Bank Research. In a June 20 report,...
The country’s information technology and business process management (IT-BPM) sector is on track to reach $40 billion in revenues this year as investor confidence in the industry remains robust despite the looming threat of the United States’ (US) tariff policy. IT and Business Process...
CEBU CITY – Despite numerous challenges, the country’s contact center sector, along with the entire information technology and business process management (IT-BPM) industry, is poised to hit the ambitious $49-billion annual revenue goal by 2028. Haidee Enriquez, president of the Contact Center...
Four months after an alleged rape incident involving a Philippine Air Force (PAF) major general, the Armed Forces of the Philippines (AFP) has yet to convene a general court martial (GCM) to determine the guilt of the ranking official, but a military spokesperson explained that it was because due...
Despite the dismal first-quarter growth mostly weighed down by world trade uncertainties, the Economist Intelligence Unit (EIU) sees the Philippine economy outperforming the region in 2025. "We will maintain our forecast of 6.1-percent growth this year, accelerating from 5.7 percent in 2024, making...
OPAPRU Secretary Carlito Galvez Jr. (Photo: OPAPRU) Presidential Peace Adviser Carlito Galvez Jr. underscored the critical role of the private sector in building a resilient peace process as he appealed for assistance to areas impacted by various conflicts. “Active trade and commerce must be...
Senator Sherwin Gatchalian has sought an investigation into the implications of a 17-percent reciprocal tariff imposed on the Philippines by the United States, the country’s largest export market. Gatchalian said it is important for the government to ascertain the potential impact of the...
The Department of Agriculture (DA) will introduce a standardized set of criteria within its multi-year budget planning process to attain efficiency in allocating resources for projects aimed at enhancing the agriculture and fisheries sector. The criteria system seeks to evaluate programs,...
President Marcos vowed that the government would continue supporting the success of the peace process as he cited the significance of progress in the nation's peace efforts. Malacañang photo Marcos said this as he led the oath-taking of new members of the Local Amnesty Boards of Eastern Visayas...
Department of Budget and Management (DBM) Secretary Amenah Pangandaman emphasized her commitment to making the country’s budget process more transparent amid calls from civil society and business groups. In a press conference on Thursday, Feb. 6, Pangandaman recalled that the DBM launched last...
Senator Sherwin Gatchalian has called for sustained action against Philippine Offshore Gaming Operators (POGOs) to ensure that the industry's remnants are effectively purged. “More than ever, we need to sustain our efforts to clear out all criminal syndicates that are products of POGOs. We must...
Money matters. It influences our daily lives, shapes our opportunities, and plays a role in achieving our dreams. But beyond the practicalities of budgeting and saving, our relationship with money runs deep. It can be a source of stress, anxiety, and even shame, or it can be a tool for empowerment,...