Clark International Airport Corp. (CIAC) has remitted ₱282 million in dividends to the Bureau of the Treasury (BTr), its highest remittance to the national government yet. CIAC, the aviation and land development arm of the state-run Bases Conversion and Development Authority (BCDA), said these...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
CEBU CITY – Nine foreigners and two Filipinos were arrested after they were caught carrying bags filled with cash amounting to close to P500 million at the Mactan-Cebu International Airport (MCIA). BUNDLES of cash stuffed in seven luggages were recovered from nine foreigners and two Filipinos at...
The 2nd International Machinery, Tools & Accessories Philippines (IMTAP 2025) and 3rd Philippine Subcon & Manufacturers Exhibition (PSMEX 2025) officially opened on May 8, 2025, with a well-attended and high-energy ceremony at the Lobby of Hall A, World Trade Center Metro Manila. The event welcomed...
The departure drop-off zone at Ninoy Aquino International Airport (NAIA) Terminal 1 has changed to a parallel layout from its previous diagonal configuration, the New NAIA Infra Corp. (NNIC) announced on Friday, May 9. In a Facebook post, the operator of the NAIA, said the change to diagonal...
The Department of Trade and Industry (DTI), Center for International Trade Expositions and Missions (CITEM), Philippine Fashion Coalition (PFC), and LIT Fashion Consultancy have joined forces to launch the FASHIONPhilippines Milan Mentorship Program 2025 — a bold new platform to champion Filipino...
"These incidents should never have happened—and we will ensure they never happen again.” President Ferdinand 'Bongbong ' Marcos Jr. (Bongbong Marcos/Facebook) President Marcos has ordered a sweeping crackdown on unsafe practices in the country’s transport sector, following two...
Port operator International Container Terminal Services Inc. (ICTSI) saw record-high earnings of $239.54 million in the first quarter of the year, driven by strong growth in its international portfolio, which remains relatively unaffected by recent trade upheavals caused by tariffs imposed by the...
New Naia Infra Corp. (NNIC) has issued formal notices to the owners of 27 aircraft that are left abandoned in the general aviation area of Ninoy Aquino International Airport (NAIA), citing efficiency and safety concerns. In a statement, NNIC said it is in coordination with the Civil Aviation...
Inflation would likely fall to a five-year low in 2025, providing policy space for more interest rate cuts supportive of economic growth, according to the think tank Capital Economics. "We expect GDP [gross domestic product] growth in the Philippines to remain relatively strong in 2025, helped by...
Vice President Sara Duterte revealed that she’s on the arrest list of the International Criminal Court (ICC) together with Senators Bato Dela Rosa and Bong Go. Vice President Sara Duterte addresses supporters of former president Rodrigo Duterte and their family in The Hague, Netherlands in March...
Malacañang said it has no information on the alleged inclusion of Vice President Sara Duterte on the International Criminal Court's (ICC) arrest list. PCO Undersecretary Claire Castro (Betheena Unite) Palace Press Officer and Communications Undersecretary Claire Castro also said that the...
