While the recent reduction in the cost of trading stocks in the Philippines is expected to boost market activity at the Philippine Stock Exchange (PSE), more needs to be done to develop the local capital market, particularly in investor education. During the bell-ringing ceremony at the PSE marking...
The Department of Health (DOH) on Wednesday, June 25, expressed full support for the Governance Commission for GOCCs’ (GCG) approval of the long-anticipated reorganization of the Philippine Health Insurance Corporation (PhilHealth). In a statement, DOH Secretary Teodoro J. Herbosa said the move...
The local unit of Singapore-based e-commerce giant Shopee is rolling out proactive measures to ensure full compliance by sellers on its platform with the law cracking down on illegal activity in online shopping. In a statement to Manila Bulletin, Shopee Philippines said it will maintain its...
Senator Sherwin Gatchalian on Friday, June 20 said the government should be ready to provide subsidy if the Dubai crude oil breaches the US$80 per barrel threshold. Gatchalian made the call as he expressed alarm over the increasing tension between Israel and Iran and which has pushed a global oil...
A teachers’ group has sounded the alarm over what it calls a deepening education crisis, marked by chronic shortages in classrooms, teachers, and learning resources, as School Year (SY) 2025–2026 officially opens on Monday, June 16. The Alliance of Concerned Teachers (ACT) blamed what it...
The country’s leading mining groups welcomed the bicameral conference committee’s decision to remove the highly contentious ore export ban from the reconciled version of the bill seeking to reform the mining fiscal regime. In separate statements on Wednesday, June 11, the Chamber of Mines of...
Consumer complaints filed with the Bangko Sentral ng Pilipinas (BSP) surged by 62.3 percent in 2024 to around 70,000 cases, according to officials of the central bank. Of the total number of consumer complaints, 13 percent were categorized as unauthorized transactions, Charina B. De Vera-Yap,...
The Catholic Educational Association of the Philippines (CEAP), the country’s largest network of Catholic schools, has issued a strongly worded statement urging the Philippine Senate to move forward with the impeachment trial of Vice President Sara Duterte. In a statement released on Monday, June...
Workers serving as caregivers in private households and care facilities nationwide are now assured of stronger labor protection and improved access to social benefits following the signing of the newly issued Implementing Rules and Regulations (IRR) of the Caregivers’ Welfare Act. Department of...
Shell Philippines has delivered a set of 110 bike racks made from 3,000 kilograms of plastic waste around Metro Manila and Southern Luzon as part of a unique activation to help encourage sustainable mobility and spotlight the power of the circular economy. The Philippines has been hard hit by the...
The Senate has approved on third and final reading the measure seeking to empower the President to optimize positions in government. Twenty-two (22) senators voted in the affirmative for Senate Bill No. 890 or the proposed Government Optimization Act during the Senate’s plenary session on Monday,...
President Marcos has signed the Philippine Agriculturists Act that regulates the agriculture profession in the country. Marcos signed Republic Act No. 12215 which orders the creation of the Professional Regulatory Board of Agriculture. The Act provides for the examination, registration, and...
