Senate Majority Leader Juan Miguel “Migz” Zubiri is pushing for additional funding for the Department of Transportation (DOTr) to fast-track airport upgrades in the country’s top tourist destinations, framing the projects as make-or-break gateways for tourism that will not recover or scale...
The World Bank has extended a $1.7-million, or over ₱98-million, grant to the Philippines to help prepare for a potential project loan that would support early childhood education in the country. In a Sept. 20 letter to Finance Secretary Ralph G. Recto, the World Bank said this financing was...
The Philippine Stock Exchange index (PSEi) dropped for the sixth straight session, breaking below the 6,000 level, as investors worried about the weak peso, the impact of corruption on infrastructure spending, and general weak investor confidence in the economy. The main index shed 29.52 points, or...
State-run think tank Philippine Institute for Development Studies (PIDS) is urging lawmakers to expand and amend major education-related bills to address persistent gaps in access, funding, and governance across the sector. In a statement, PIDS Senior Research Fellow Connie B. Dacuycuy outlined...
The Department of Labor and Employment (DOLE) and the Commission on Higher Education (CHED) have agreed to realign higher education programs to address the mismatch between graduates’ skills and employer requirements. DOLE Secretary Bienvenido E. Laguesma and CHED Chairperson Shirley C. Agrupis...
SM Investments Corp. led four firms under the SM Group that have been certified as a Great Place to Work for 2025 by Great Place to Work, the global authority on workplace culture. Other SM companies also earned Great Place to Work Certification this year, including SM Prime Holdings, Inc., SM...
The Philippine Stock Exchange (PSEi) stayed in the red on Friday, Sept. 26, marking a whole week of daily declines, as developments in the United States (US) dampen hopes of aggressive rate cuts by the US Federal Reserve (Fed) and the Bangko Sentral ng Pilipinas (BSP). The main index shed 15.16...
The Department of Agriculture (DA) is looking forward to a proposed ₱20-billion annual investment in the livestock sector, which will take effect once signed into law by President Ferdinand R. Marcos Jr. before the month of September ends. Speaking at a breakout session of the Arangkada...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level on Thursday, Sept. 25, weighed down by the continued weakness of the peso and investor caution amid ongoing Senate hearings on corruption allegations. The main index lost 66.44 points, or 1.09 percent, to close at 6,042.28. The...
Despite ongoing corruption scandals, the Asian Development Bank (ADB) expressed continued confidence in the Philippines and reaffirmed its commitment to actively assist the government in resolving issues. Speaking on the sidelines of the Arangkada Philippines investment forum on Thursday, Sept. 25,...
The Philippine Stock Exchange index (PSEi) continued its descent as the peso weakened, with investors awaiting positive news amid a corruption scandal. The main index shed 9.82 points, or 0.16 percent, to close at 6,108.72 on Wednesday, Sept. 24, as the Property sector led the decline among all...
The Philippine Stock Exchange Index (PSEI) fell on Tuesday, Sept. 23, as a deepening corruption scandal involving the legislative and executive branches of government weighed on investor sentiment. The main index plunged by 96.29 points, or 1.55 percent, to close at 6,118.54. Banks suffered the...
