Consumers may see an increase in their electricity bills this month after prices on the Wholesale Electricity Spot Market (WESM) surged following recent earthquakes and inclement weather. The Independent Electricity Market Operator of the Philippines (IEMOP) reported on Thursday, Nov. 6, that...
ILOILO CITY – A new chapter began in this city’s journey towards progress and innovation. The newly redeveloped Iloilo Central and Terminal markets officially opened to the public on Thursday, Oct. 30, 2025. In partnership with the Iloilo City government, SM Prime Holdings said these milestone...
Senator Sherwin Gatchalian questioned on Monday, Oct. 27, the 104 percent increase of farm-to-market road (FMR) appropriations from P16 billion to P32 billion under the General Appropriations Bill (GAB). "Kasi nakita po namin sa GAB na lumaki ang pondo ng FMR from P16 billion to P32 billion...
To go against the culture of fast takes and fleeting trends, digital publishing platform Our Market focuses on stories with real value and information with lasting credibility. It features content across business, food, health, lifestyle, culture, and learning, offering relevant reads from timely...
There will no longer be "palakasan" or influence peddling in the construction of farm-to-market roads in the country, President Marcos said, citing that this practice has often led to misplaced and unhelpful projects. Marcos said due to the "palakasan" system, there have been agricultural roads...
It is easier to know those who are not guilty than those who are when it comes to assessing the number of government officials involved in corruption, Senate President Pro Tempore Panfilo “Ping” Lacson said on Thursday, October 9. Lacson said this after he and his staff reviewed...
Senate Committee on Finance chairman Sherwin Gatchalian on Wednesday, October 8 denounced the Department of Public Works and Highways’ (DPWH) farm-to-market road (FMR) projects in 2023 and 2024 for being extremely overpriced. Gatchalian pointed this out during Wednesday’s budget hearing of the...
The Department of Agriculture’s (DA) ongoing audit into farm-to-market roads (FMRs) has now found nine projects in Mindanao that are non-existent, with a combined value of approximately ₱125 million. Following the initial discovery of three “ghost” projects on Monday, Agriculture Secretary...
Amid rainy weather, higher tariffs, and an import ban, the Philippine manufacturing sector slipped back into contraction in September as its purchasing managers’ index (PMI) fell to 49.9, the lowest in six months and only the third decline in more than four years. S&P Global Market Intelligence...
Alleged "ghost" farm-to-market road projects are being looked into, Malacañang said. This after the Department of Agriculture (DA) stumbled upon substandard and non-existent farm-to-market road projects across two provinces in Mindanao. Palace Press Officer and Communications Undersecretary Claire...
The Philippine employment rate dipped to 94.7 percent in July 2025 amid the entry of 1.7 million new workers into the labor force, the Department of Labor and Employment (DOLE) said on Wednesday, Sept. 10. The July Labor Force Survey showed the unemployment rate rose to 5.3 percent from 4.7...
CEBU CITY – Danao City is building what could be the most modern public market in the Central Visayas region. The Danao City Smart Public Market is already 40 percent complete and is on track for its target completion in the fourth quarter of 2026. Danao City Mayor Ramon “Nito” Durano III...