With an average of $3.5-billion (about P204 billion) asset losses inflicted by a string of strong typhoons and earthquakes to the Philippine economy each year, the World Bank enjoins tapping disaster-risk finance, especially private-sector insurance, to boost preparedness. In an Oct. 31 report...
K-pop girl group UNIS completed their fancon (fan meeting and concert) in Manila and Cebu City. They announced that part of the proceeds of the fancon will be donated to the relief efforts for Severe Tropical Storm “Kristine,” which wreaked havoc across the Philippines. UNIS...
Junrey Ubod's farm, resting at the foot of the hill. By DERCO ROSAL While sipping their coffee at dawn, their phones lit and vibrated simultaneously for a text blast. "Chance of rain: LOW," it read. It looks like today’s going to be clear, Cebu farmers thought as they set their...
A Mauritius-based fund manager is eyeing a $50-million investment from the International Finance Corp. (IFC) to support medium-sized firms in the South and Southeast Asian regions, including the Philippines. The IFC disclosed on Oct. 22 that Creador Management VI Ltd. sought funding from the World...
The Philippines is the World Bank's fifth-biggest borrower for the second-straight year, coinciding with the first two years in office of President Ferdinand R. Marcos Jr. The World Bank's latest Annual Report disclosed on Oct. 18 showed that in fiscal year 2024 covering the period July 1, 2023 to...
Financial markets in the Philippines and the broader Asia-Pacific region stand to benefit from downward interest rates in the United States, although risks from a "benign" US economy may temper gains, according to a World Bank economist. "So far, the decline in interest rates in advanced...
Logistics firm 2GO Group, Inc. has partnered with Grab Philippines to provide passengers with a more convenient and hassle-free travel experience. In a statement, the Sy-led transportation and logistics solutions provider said passengers who book their 2GO Travel tickets through the 2GO app...
Former Alaminos, Pangasinan mayor and Agrarian Reform secretary Hernani Braganza is attempting to make a political comeback as the first nominee of the Aksyon Dapat Party-list. Braganza, who was a former peace negotiator under four different presidents, said that their initial plan was to create a...
K-pop girl group UNIS will be returning to the Philippines to hold a fancon (fan meeting and concert) in Manila and Cebu City. UNIS, which includes Filipino members Gehlee Dangca and Elisia Parmisano, will hold their “UNIS in CURIOUSland” fancon on the following dates: Oct. 25,...
1-Rider Party-list Rep. Bonifacio Bosita (Facebook) Certificates of candidacy (COCs) filers remained few on Friday, Oct. 4, or at the halfway point of the filing period, the Commission on Elections (Comelec) said. On the fourth day of filing, 19 aspirants...
The Philippine government is seeking a one-year extension and partial reallocation of a World Bank loan that has been partly funding the Pantawid Pamilyang Pilipino Program (4Ps) since 2021. A World Bank restructuring paper showed that the Department of Finance (DOF) on Sept. 17 requested the...
The Commission on Elections (Comelec) had delisted a total of 42 party-list groups and had their registrations canceled ahead of the May 2025 mid-term elections. Commission on Elections Chairman George Erwin Garcia speaks to the media during the first day of filing the Certificate of Candidacy...
