Despite widespread public concern about climate change, financing and institutional constraints continue to hamper the Philippines’ efforts to strengthen climate resilience and adaptation measures, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In...
As the proposed Philippine Strategic Petroleum Reserve (PSPR) takes shape, consumers must keep a close eye on the government and their hands firmly on their wallets. While the country may need an oil stockpile, taxpayers and motorists should not end up becoming the reserve’s permanent source of...
The Securities and Exchange Commission (SEC) is streamlining the securities borrowing and lending framework by centralizing administrative functions with the Philippine Stock Exchange (PSE), reinforcing efforts to build a more efficient and integrated short-selling market in the country. The...
The local stock market is seen to continue having a negative bias this holiday-shortened week despite the lower-than-anticipated inflation data released last week, amid continued uncertainty in the Middle East and its impact on prices and interest rates should hostilities escalate. “The local...
The Bangko Sentral ng Pilipinas (BSP) would likely continue hiking interest rates this year despite the lower-than-expected inflation rate in May, even as the pace of monetary policy tightening may be more gradual as economic growth remains subdued, according to Singapore-based United Overseas Bank...
Key initiatives aimed at strengthening the country’s space science and technology capabilities earned the support of President Marcos during the 9th Philippine Space Council meeting at Malacañan Palace, Malacañang said. During the meeting, the council reviewed recent developments in the...
Close to 1,000 athtletes, including some from eight foreign countries, are expected to see action in the ICTSI Philippine Athletics Championships presented by the Philippine Sports Commission scheduled from June 10 to 14 at the New Clark Athletics Stadium in Capas, Tarlac. "The ICTSI Philippine...
Philippine Navy (PN) and Philippine Coast Guard (PCG) vessels tested their combined readiness with international partners at sea, executing critical formation exercises while en route to the Rim of the Pacific Exercise (RIMPAC) 2026 in Hawaii, the world 's largest international maritime...
Member states of the Association of Southeast Asian Nations (ASEAN) have taken a major step toward creating the region 's first formal platform dedicated to coast guards and maritime law enforcement agencies, with officials meeting in Manila to push for the establishment of the ASEAN Coast...
Philippine Airlines (PAL) has received an invitation to join the Oneworld Alliance, a move that will integrate the country’s flag carrier into the global network spanning nearly 1,000 destinations. The announcement was made Saturday, June 6, at the International Air Transport Association Annual...
A stronger and more resilient middle class is critical to sustainably reducing poverty and achieving inclusive economic growth in the Philippines, according to the Department of Economy, Planning, and Development (DEPDev). Speaking at the launch of the World Bank’s Poverty and Equity Assessment...
Power transmission network system provider NGCP and the Philippine Coast Guard (PCG) officially formalized a strategic partnership through the signing of a Memorandum of Agreement (MOA) to fortify the security, resilience, and emergency response capabilities surrounding the nation’s critical...
