The SM Group has partnered with the Technical Education and Skills Development Authority (TESDA) to expand the conglomerate’s J.O.B.S. (Jobs Opportunities Building Skills) program by integrating skills training into its nationwide job fairs. The group said this further aligns its efforts with the...
State-owned Development Bank of the Philippines (DBP) has extended a ₱815-million term loan to a mass housing developer to construct three residential buildings in Bulacan, heeding the call from President Marcos to broaden support for the housing sector. The DBP’s funding, which was extended to...
The Philippine Stock Exchange index (PSEi) bounced back on Wednesday, Aug. 27, recovering most of the previous day’s losses, as investors seized the opportunity to buy bargains in anticipation of an expected rate cut by the Bangko Sentral ng Pilipinas (BSP). The main index jumped 128.10 points,...
Lopez-led Energy Development Corp. (EDC) has announced a new joint venture in Indonesia to develop 440 megawatts (MW) of renewable energy. In a statement, ECD said its subsidiary, PT FirstGen Geothermal Indonesia, has partnered with the Indonesian geothermal firm PT DSSR Daya Mas Sakti (DSSR), a...
The Department of Labor and Employment (DOLE), in partnership with the country’s information technology and business process management (IT-BPM) sector, launched a program designed to shape the future workforce through training and industry exposure. DOLE Secretary Bienvenido E. Laguesma and...
The Philippine Stock Exchange index (PSEi) fell on Tuesday, Aug. 26, even when it was expected to be buoyed by prospects of lower interest rates, as investors were more concerned about United States (US) President Donald J. Trump’s firing of US Federal Reserve (Fed) Governor Lisa Cook amid the...
State-run think tank Philippine Institute for Development Studies (PIDS) has called for a review of the effectiveness of the government’s free public internet program to ensure its long-term sustainability. In an Aug. 25 comment on Republic Act (RA) No. 10929 or the Free Internet Access in Public...
The Department of Economy, Planning, and Development (DEPDev) welcomed the enactment of the Konektadong Pinoy (KP) Act, which it said aims to bridge the digital divide and accelerate the country’s digital transformation, in line with the Philippine Development Plan (PDP) 2023–2028. In a...
State-run think tank Philippine Institute for Development Studies (PIDS) has recommended the inclusion of stricter safeguards for public-private partnership (PPP) projects under a Senate bill (SB) seeking to accelerate classroom construction nationwide. In an Aug. 18 comment on SB No. 121, or the...
State-run think tank Philippine Institute for Development Studies (PIDS) has urged the Senate to harmonize pending anti-political dynasty bills into a single measure, warning that unchecked dynasties continue to weaken governance and perpetuate inequality. In an Aug. 20 comment on three Senate...
As fuel prices are expected to spike by the last week of August, state-run think tank Philippine Institute for Development Studies (PIDS) maintained that deregulation remains the more viable policy path over reviving the Oil Price Stabilization Fund (OPSF). According to Adoracion Navarro, senior...
Urging full transparency and greater investment in education and human capital, an advocacy group on Saturday, August 23, called on lawmakers to prioritize Filipinos over infrastructure as they tackle the 2026 budget. “We must allocate our resources where they matter most, because every peso...
