The 19th Philippine International Jazz Festival, also known as PIJazzfest 2025, returns this June 14 at 4 p.m. at the APC Auditorium, Asia Pacific College in Magallanes, Makati City, promising a gathering of musical excellence, intimacy, and inspiration. PIJazzfest was born out of a passionate...
State-run think tank Philippine Institute for Development Studies (PIDS) believes that skepticism surrounding the feasibility of the Association of Southeast Asian Nations (ASEAN) Power Grid is likely to diminish over time, citing investments that could help address this years-long concern. In an...
CALAPAN CITY, Oriental Mindoro – Rep. Arnan C. Panaligan has called on Malacanang and Congress to build up and strengthen the Philippine Navy to fully protect and secure the nation’s vast maritime zones. In a privilege speech delivered at the resumption of Congress session on Monday, June 2,...
The Philippine Stock Exchange index (PSEi) fell on Wednesday, June 4, as investors opted to secure profits from the past two trading sessions while awaiting clearer signals from upcoming inflation figures. The main index shed 34.3 points (0.53 percent), closing at 6,378.56. The mining sector...
The Armed Forces of the Philippines (AFP) said that the extension of the runway on Pag-asa (Thitu) Island in the West Philippine Sea (WPS) has already been completed. “Our runway is 100 percent complete already. Now we are just finishing the ancillaries around it and we are aiming to complete it...
The country’s leading business executives are optimistic about the government’s ongoing strategy to enhance the ease of doing business in the Philippines, following the new reform outlook of the Anti-Red Tape Authority (ARTA). In a statement, the Management Association of the Philippines (MAP)...
State-run Philippine Deposit Insurance Corp. (PDIC) has raked in a total of ₱411.4 million from the sale of 281 closed-bank properties in 2024, a 24.7-percent increase from the ₱300-million sales in the previous year. According to PDIC, this improvement is reflective of its “effective asset...
The further interest rate cuts anticipated from the Bangko Sentral ng Pilipinas (BSP) may slightly weaken the peso to beyond the mid-₱56 level this year, according to consensus forecasts collected by the Barcelona-based FocusEconomics. In its June 2025 consensus forecast report for the...
The local stock market rose further as investors continued to bank on expectations of a low inflation rate for May that increases chances for a rate cut. The main index jumped 60.20 points or 0.95 percent to close at 6,412.86 as the interest rate-sensitive Property sector led the advance while...
President Marcos has approved the Coconut Farmers and Industry Development Plan (CFIDP) until 2028. Marcos signed issued Memorandum Circular No. 84 dated May 21 which approved and adopted the Coconut Farmers and Industry Development Plan 2024-2028. The CFIDP aims to provide targeted interventions...
The Philippine Economic Zone Authority (PEZA) has officially approved the country’s largest economic zone (ecozone) to date, which will rise within Iwahig Prison and Penal Farm in Puerto Princesa City, Palawan. In a statement, PEZA said its board of directors gave the greenlight to the Palawan...
Year-to-date investments approved by the Philippine Economic Zone Authority (PEZA) continue to trend upward compared to the previous year, but uncertainties stemming from the United States ' (US) tariff policy are dampening foreign investor interest. In a statement, PEZA said it has approved...
