Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
The Philippine Statistics Authority (PSA) announced that starting today, Aug. 6, and every Wednesday for the rest of the month, Metro Rail Transit Line 3 (MRT-3) rides will be free for passengers who brought their national IDs with them. Free rides will be available on Wednesdays throughout...
Coupled with an increase in unpaid workers, the number of jobless Filipinos swelled by more than 300,000 to 1.95 million in June from 1.62 million a year ago, with the online gambling sector partly contributing to the pool of unemployed. Preliminary data from the Philippine Statistics Authority...
The Department of Education (DepEd) has earned praise from education stakeholders and child rights advocates for updating the implementing rules and regulations (IRR) of the Anti-Bullying Act of 2013—a move seen as a timely reform to promote safer school environments. The revised policy expands...
The local stock market posted a marginal gain on Tuesday, Aug. 5, following the government 's report that inflation eased in July. The Philippine Stock Exchange index (PSEi) rose by 4.98 points, or 0.08 percent, to close at 6,353.63. The Property sector led the advance, while only the Banks...
Flag-carrier Philippine Airlines (PAL) has been voted as the second most preferred airline in Southeast Asia in the recently concluded 2025 Flyers’ Choice Awards by AirlineRatings.com. AirlineRatings.com is a trusted global source for airline safety and product ratings covering more than 385...
In 2024, Wilcon Depot partnered with the Philippine Institute of Interior Designers (PIID), aiming to raise design standards and inspire creativity in every space. Since then, both have remained aligned in their commitment to excellence, and actively supporting programs that reinforce the aesthetic...
Only five companies from the Philippines made it to Forbes Asia’s 2025 Best Under A Billion list, which recognizes 200 top-performing small and mid-sized listed companies in the Asia-Pacific region. Filipino companies in the list are led by Converge Information & Communications Technology...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported that its ₱2 billion Peso-denominated Fixed-Rate Bonds were six times oversubscribed on the offering day. In a disclosure to the Philippine Stock Exchange, the bank said it has thus decided to shorten the...
Rice prices dropped at their fastest pace since 1995, bringing consumer price increases to below one percent in July, partly supported by the current administration’s ₱20-per-kilo rice program. Philippine Statistics Authority (PSA) Undersecretary and National Statistician Claire Dennis Mapa...
In the late 2000s, Philippine business saw an intense corporate war as two of the country 's most aggressive conglomerates, Metro Pacific Investment Corp. (MPIC) of Manuel V. Pangilinan and San Miguel Corp. (SMC) of Ramon S. Ang, went to war for a single asset: Manila Electric Co. (Meralco)....
After challenging a Chinese research vessel off Cagayan’s waters over the weekend, the Philippine Coast Guard (PCG) monitored anew two China Coast Guard (CCG) ships within the country’s exclusive economic zone (EEZ), this time off the coast of Pangasinan. The CCG vessel has a bow number of...
