Philippine motorcycle sales maintained an upward trajectory in the first quarter, rising 11 percent as expensive petroleum prices and high borrowing costs pushed consumers toward more economical transport alternatives. Data from the Federation of Asian Motorcycle Industries (FAMI) showed that the...
Local equities fell for the second consecutive session, dragging the benchmark index below the psychological 6,000-level as investors braced for the potential interest rate hike by the central bank and monitored simmering geopolitical tensions in the Middle East. The Philippine Stock Exchange index...
Asian Development Bank (ADB) President Masato Kanda announced on Wednesday, April 22, his intention to seek a full five-year term as head of the Manila-based lender, positioning himself to steer the institution through a period of heightened geopolitical volatility and climate-driven economic...
Local stocks ended Tuesday’s session virtually unchanged as investors balanced optimism over potential diplomatic breakthroughs in the Middle East against domestic concerns regarding tightening monetary policy. The Philippine Stock Exchange index (PSEi) edged up 2.67 points, or 0.04 percent, to...
State-run policy think tank Philippine Institute for Development Studies (PIDS) has flagged a widening housing gap in Metro Manila, as rapid urban revitalization drives up land values and pushes affordable housing to the periphery. In a statement on Tuesday, April 21, PIDS said that while...
The Chamber of Real Estate & Builders’ Associations Inc. (CREBA) is calling for reforms to the government’s socialized housing framework, citing rising costs and structural inefficiencies that it said could undermine the sector. In a statement on Monday, April 20, CREBA flagged the need to...
The Philippine Stock Exchange index (PSEi) managed to advance on Monday, April 20, despite news that the Strait of Hormuz remains closed amid mixed signals from the United States (US) and Iran regarding their peace talks. The main index added 16.9 points, or 0.28 percent, to close at 6,016.03....
Education Secretary Sonny Angara on Sunday opened the 2026 National Festival of Talents (NFOT), framing the annual event as part of the government’s push to develop student competencies aligned with future job opportunities. Held at the Dinggoy Roxas Civic Center, the week-long festival brings...
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta addresses participants during the consultative meeting for Project BALAY: Bridging Access to Learning, held on April 15, 2026, at the CHED Auditorium in Quezon City. The initiative, a strategic partnership between Pag-IBIG Fund and the...
Six multilateral development banks (MDBs) have launched a coordinated push to develop critical mineral value chains, seeking to move resource-rich economies beyond raw material exports and into higher-value manufacturing as part of efforts to strengthen supply chain resilience. In an April 17 joint...
State-owned Development Bank of the Philippines (DBP) has signed agreements with two government agencies aimed at strengthening socio-economic initiatives including enhancing agricultural productivity and food production in the Mindanao region, a top official said. DBP President and Chief Executive...
Multilateral development banks (MDBs) are stepping up coordination to cushion economies from the spillover effects of the Middle East conflict, citing rising energy costs, supply chain disruptions, and tighter financial conditions as immediate risks to growth and stability. In an April 17 joint...
