The Department of Agriculture (DA) is seeking ₱3.5 trillion in total investments—including support from the private sector—to transform the country’s agriculture sector into a more robust, economically viable contributor to national food and economic security. During the launch of the...
After the end of the second quarter earnings season, local stock market investors will still be shifting through financial reports while also keeping an eye on the impact of the new Philippine Stock Exchange index composition. “The market will be closely watching the upcoming PSEi rebalancing set...
Despite an increase in the Philippines’ general government (GG) debt-to-gross domestic product (GDP) ratio to 57.1 percent in 2024, the Marcos Jr. administration is targeting to gradually lower this debt ratio to the 54-percent level by the end of 2028. This was indicated in the national...
Top Line Business Development Corp. reported strong growth in first-half earnings and expects even higher gains in the second semester, which normally sees higher sales, while newly-acquired service stations will also start contributing to revenues. The Visayas fuel distributor and retailer...
Emphasizing that better-prepared teachers are key to improving student learning outcomes, the Department of Education (DepEd) on Saturday, August 16, announced that it is pushing major reforms under the Teacher Education Council (TEC) to strengthen teacher training programs and enhance the quality...
The Philippine Stock Exchange index (PSEi) dropped on concern that the Philippine national debt will balloon further next year. The main index shed 33.24 points, or 0.53 percent, to close at 6,291.85, although sectoral indices were equally divided. “The market slipped today as some investors may...
Gotianun-led Filinvest Development Corp. posted a 30 percent growth in consolidated net income to ₱9.18 billion for the first half of 2025 from the ₱7.06 billion earned in the same period of last year. Attributable net income rose by a faster 34 percent to ₱7.43 billion from ₱5.54 billion...
Budget Secretary Amenah F. Pangandaman has assured that big-ticket foreign-assisted programs and projects will no longer suffer from delays, given the budget cover included in the proposed 2026 spending plan of the national government. For its part, aid agency Japan International Cooperation Agency...
Keen to advance nuclear energy development, Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is set to receive funding support from the United States (US) government nearly three years after it first sought assistance to explore the potential of small modular reactors (SMRs). On the sidelines...
President Marcos assured Filipino fisherfolks that more fish ports will be built around the country as he cited that more people should be making a living from the sea, considering the Philippines ' archipelagic nature. In inaugurating the rehabilitated Philippine Fisheries Development...
The Philippine Stock Exchange index (PSEi) continued to climb as investor sentiment was buoyed by a flurry of positive corporate earnings reports and a flat United States (US) inflation rate, which could influence the Federal Reserve’s decision on a rate cut. The main index rose by 35.24 points,...
The Gotianun Group’s Filinvest Development Corp. (FDC) has appointed John Richard B. Sotelo as its new Chief Marketing Officer, poaching the veteran executive from rival Robinsons Land Corp. (RLC). In a disclosure to the Philippine Stock Exchange, FDC, which also has interests in real estate...
