Jobless Filipinos increased in number by nearly half a million to 2.5 million in May from 2.03 million a year ago, driven largely by employment losses in the agriculture and forestry sectors as weather-related disruptions, including El Niño, weighed on opportunities. National Statistician Claire...
East Zone concessionaire Manila Water Co. Inc. is working to minimize its reliance on Angat Dam by diversifying its supply sources to accommodate growing customer demand. In a media briefing on Tuesday, July 7, Manila Water East Zone Chief Operating Officer (COO) Arnold Jether Mortera explained...
The central bank is grappling with an “unusual” inflation shock following the historic ₱85 daily minimum wage hike in Metro Manila, though a hyper-aggressive policy response is unlikely, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. On the sidelines of a BSP book...
Consumer prices likely moderated in June on the back of lower food and fuel costs, though sticky underlying pressures are poised to keep the central bank on a hawkish path. Headline inflation may have cooled to as low as six percent last month, the Bangko Sentral ng Pilipinas (BSP) said in a...
DAVAO CITY – One of the lead ministries of the Bangsamoro Autonomous Region in Muslim Mindanao tasked to implement measures to combat El Niño has acknowledged that security challenges in some parts of the region could affect government response. Ministry of Science and Technology (MOST)...
Companies scaled back borrowing from Philippine banks’ foreign currency funds in the first quarter, pulling total loans down to $15.44 billion as high global interest rates made dollar debt increasingly expensive. According to the latest data from the Bangko Sentral ng Pilipinas (BSP),...
Quezon City Mayor Joy Belmonte has been recognized as the LGBTQIA+ Icon of the Year 2026 for her unwavering advocacy for equality, human rights, and inclusion. The award was presented by The Red Whistle and O Bar during a ceremony on Sunday, June 28, where members of the LGBTQIA+ community...
The record-breaking heat that 's scorching Europe day and night this month would not have been possible without climate change, according to a new study. The World Weather Attribution rapid study released Friday found that the heat would have been virtually impossible just five decades ago,...
South Korea 's Supreme Court has upheld the acquittal of "Squid Game" actor O Yeong-su, bringing to a close a years-long legal battle over sexual harassment allegations stemming from a 2017 incident. In a ruling issued on June 25, the Supreme Court 's Third Division affirmed the Nov. 11,...
Eight emerging market (EM) economies, including the Philippines, are likely to suffer the severe effects of El Niño, S&P Global Ratings projected, warning that below-average rainfall could significantly affect water and electricity supply, as well as rice and corn production. “Drought conditions...
Olivia Rodrigo is increasingly shaping her career around shared, community-driven music experiences, a direction highlighted by her recent announcement of Daisy Chain Fields, an all-female festival set for August 29 in Irvine, California, as with the Olivia Rodrigo Official Philippine Experience...
DAVAO CITY – Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) interim Chief Minister Abdulraof Macacua has urged key ministries in the region to closely work together to prepare communities against the possible adverse impact of the El Niño phenomenon. Macacua issued the call on...
