Massive contractions in public infrastructure spending may have bottomed out by midyear, with the Department of Budget and Management (DBM) saying funds have already been released and are now awaiting faster spending by implementing agencies in the second half. Budget Secretary Kim Robert De Leon...
The government deserves credit for taking seriously the dangers that violent and harmful online content may pose to Filipino children. But if the goal is to protect the youth, the answer should not be to shoot the messenger when what needs to be confronted is the message. Palace Press Officer and...
The Philippines recorded the second-largest increase in 10-year government bond yields among selected Asia-Pacific economies since the war in the Middle East began, raising the government’s borrowing costs at a time when the Marcos Jr. administration is relying heavily on domestic debt to finance...
Dustin Yu and Bianca de Vera may have the makings of a convincing love team, but behind the chemistry are two people who could hardly be more different. The two first worked together in “Love You So Bad,” Regal Entertainment Inc.’s official entry to the 51st Metro Manila Film Festival in...
Public construction is poised for a strong rebound in the second half of the year after two consecutive quarters of contraction, according to a senior budget official, but, restoring the Department of Public Works and Highways (DPWH) budget to the trillion-peso mark remains off the horizon....
The entry of I&C Holdings Corp.—a firm linked to Fortman Cline Capital Markets—as the second-largest shareholder of cash-strapped ABS-CBN Corp. is seen by market analysts as a strong vote of confidence in the media company’s turnaround story. “With a ₱3.5-billion commitment, investors are...
Korean singers Chaeyoung, 27, of TWICE and Zion.T, 37, have denied reports that they have broken up. On Aug. 14, a major Korean media outlet reported that the two singers broke up, quoting a music industry insider who said, "Recently, Chaeyoung and Zion.T ended their romantic relationship and...
MacroAsia Corp., a member of the Lucio Tan (LT) group of companies, reported a 34.7-percent drop in attributable net income to ₱449.6 million in the first half of 2026 from ₱679.7 million in the same period last year. MacroAsia said in a disclosure to the Philippine Stock Exchange (PSE) on...
Domestic lenders demanded higher lending rates from the government through the sale of long-dated debt papers, but the government rejected the bids after deeming the rates too expensive while demand remained subdued. During the latest treasury bond (T-bond) auction on Tuesday, July 14, the Bureau...
CEBU CITY — SM Prime Holdings Inc. is setting its sights on top-tier global talent, including Grammy-winning Filipino-American artist Bruno Mars, to anchor the lineup at its newly opened SM Seaside Cebu Arena, according to the company’s top leadership. The Sy family-led property giant aims to...
“Uncertainty is no longer the exception. It has become part of the environment in which businesses operate every day.” This unwavering view, expressed by Reyes Tacandong & Co. Managing Partner Protacio “Cocoy” T. Tacandong at the opening of the Governance Forum on Wednesday, jolted me. It...
Buying a home is one of the biggest financial decisions a person can make, often requiring years of planning, saving, and comparing different options. Beyond location, design, and price, many buyers also look for benefits that make the purchase more worthwhile. With this in mind, SM Development...
