The Philippines should leverage its services sector to stand out in the global investment landscape, as competition with manufacturing-led economies is well out of reach, according to an HSBC economist. The country has been lagging behind its peers in Southeast Asia in terms of attracting foreign...
Representatives from the Philippine government’s top energy regulatory agencies and key private sector players are set to discuss the challenges facing the country’s power sector at the second energy forum of the Economic Journalists Association of the Philippines (EJAP) on Sept. 11. The EJAP...
In a move aimed at strengthening healthcare support and improving teacher welfare, the Department of Education (DepEd) has approved the release of a P7,000 annual medical allowance for public school teachers, giving them the option to either avail themselves of Health Maintenance Organization (HMO)...
Sen. Paolo “Bam” Aquino IV said he is confident that his proposed Classroom-Building Acceleration Program (CAP) Act, or Senate Bill No. 121, will help speed up the construction of classrooms in public schools and significantly reduce the backlog. If enacted into law, SB No. 121, Aquino said,...
When I graduated from the Asian Institute of Management in the 1980s, I received a call that would quietly alter the trajectory of my professional life. Dr. Mari-Jo Panganiban Ruiz, then chair of the Management Engineering Department at the Ateneo de Manila University, asked if I could take over a...
Filipino business executives are closely monitoring the government’s efforts to combat corruption, according to the 2025 Philippine CEO Survey released on Monday, Sept. 8. The study, conducted by Isla Lipana & Co./PwC Philippines in partnership with the Management Association of the Philippines...
The Department of Education (DepEd) has released new guidelines on the payment of overtime services for public school teachers, ensuring they are fairly compensated for work rendered beyond their regular schedules. The policy was formally announced by Education Secretary Sonny Angara during the...
The Philippine Health Insurance Corporation (PhilHealth) announced on Monday, September 8, that it has fulfilled its promise of faster claims processing under its newly launched Guaranteed Access to Medicines and Outpatient Treatment (GAMOT) program, releasing its first payment ahead of the 15-day...
State-owned Development Bank of the Philippines (DBP) has launched a ₱510-million corporate social responsibility (CSR) program designed to strategically allocate resources and promote access to quality education in both the basic and tertiary levels, a top official said. DBP President and Chief...
Warning that graft continues to weaken institutions and harm the poor, the Catholic Educational Association of the Philippines (CEAP) on Monday, September 8, denounced widespread corruption in the country and called for stronger accountability measures in government. In a statement, the national...
Mitsubishi Motors Philippines Corporation (MMPC) has expanded its presence in Metro Manila with the opening of a new 2S dealership in Marikina City. Operated by Diamond Motor Corporation (DMC), this facility focuses on providing Parts and Service operations, giving Mitsubishi owners in the area...
A total lunar eclipse will be visible across the Philippines tonight, Sept. 7 to 8, with the Moon expected to glow a deep red for one hour, 22 minutes, and 54 seconds, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The eclipse will begin at 11:27...
