The Department of Budget and Management (DBM) is allocating P1.62 billion for the Expanded National Greening Program (NGP) under the proposed P7.2-trillion national budget for 2027.
The initial 750-room Hotel101 in Cairo, Egypt, will be located in Hay Al Ashgar along Ahmed Zewail Road in 6th of October City, Giza, within the broader catchment of the Giza Pyramids and the Grand Egyptian Museum.
HONG KONG/BEIJING — Finance ministers from member economies in the Asia-Pacific Economic Cooperation (APEC) forum have agreed to strengthen macroeconomic policy communication and coordination to address external risks…
The Department of Budget and Management (DBM) on Wednesday said that it is reviewing the Supreme Court"s (SC) decision declaring the 2024 and 2025 national budgets unconstitutional.
The agricultural sector has so far incurred P8.57 billion in damage and losses due to El Niño, the Department of Agriculture (DA) said on Wednesday.
MANILA, Philippines — The peso fell to a new historic low of P63.361 against the US dollar amid expectations of another rate hike. The local currency weakened by 27.1 centavos on Wednesday to P63.361 from the previous…
Vietnamese conglomerate Vingroup is pouring in $500 million worth of investments to establish a flagship electric vehicle (EV) manufacturing facility in the Philippines, the Department of Trade and Industry (DTI) said…
Share prices on the Philippine Stock Exchange continued their rally, supported by bargain hunting and post-GCash parent Mynt Inc."s public listing, which boosted investor interest.
Users can open the GCash app, click GBirthday, complete an eligible transaction and shake to play and receive prizes.
Manila Water Company Inc. said Tuesday it is keeping its non-revenue water (NRW) or system loss below 15% as it strengthens its preparations for the anticipated impacts of a looming strong El Niño.
The Philippine peso further extended its slide beyond the P63 per dollar level on Wednesday, closing to its 29th historic low so far this year, as external pressures continue to weigh on the local unit.
The Department of Agriculture (DA) said on Wednesday that it is eyeing to impose a two-month suspension on the issuance of sanitary and phytosanitary import clearances (SPSICs) on imported pork.
Over 600,000 hectares of standing crops may be affected by Super Typhoon Rosal as it moves over the northern portion of Luzon, the Department of Agriculture (DA) said on Wednesday.
'I think it would be a good idea, but it's really up to the special committees of both companies,' Elon Musk says in the first official confirmation that the companies were formally talking
The Government Service Insurance System (GSIS) has earmarked P1.69 billion for emergency loans for qualified members and pensioners in Albay, Camarines Norte, and Naga after the government declared a state of calamity…
MediCard Philippines Inc. expects single-digit growth in claims costs per member this year, citing its focus on preventive healthcare and early screening to help members manage medical expenses, a top official said…
Addressing the country’s housing needs requires sustained investment, responsible development, and stronger cooperation between the public and private sectors.
The price of pork is unlikely to rise leading up to the Christmas season as the country has enough supply, the Department of Agriculture (DA) said Wednesday.
The big question is: Will Congress and the Marcos administration account for the affected funds and change how they prepare the next budget?
The Philippine peso touched a new historic low during the intraday trading on Wednesday, further extending its nosedive beyond P63 per dollar.
The British Chamber of Commerce Philippines raised its concerns about the Department of Agriculture’s proposed tariff increase for pork imports, a significant commodity for Filipino consumers, which could exacerbate the…
Political theater cannot override market valuation
NON-BANK financial firm South Asialink Finance Corp. (SAFC) recorded P1.48 billion in loan releases in the third quarter of 2026, mainly supported by sustained demand for vehicle financing. In a statement on Tuesday…
MITSUBISHI Motors Philippines Corp. (MMPC) is softening its sales expectations this year amid weak demand due to economic headwinds and emerging consumer transition toward hybrid and electric vehicles, company president…
Tycoon Enrique Razon Jr. is all set to expand his power distribution business in Mindanao after consumers backed his proposed deal with South Cotabato II Electric Cooperative (Socoteco 2).
FISH unloading at regional ports operated by the Philippine Fisheries Development Authority (PFDA) fell by 29.09 percent in August from a year earlier, as typhoons and changing weather disrupted fishing activity, the…
RAZON-LED Apex Mining Co. Inc. said on Tuesday that its wholly owned subsidiary, Monte Oro Resources & Energy Inc. (Morei), had received an offer from Prime Oil & Gas Inc. to acquire its 30-percent stake in Service…
Top Philippine companies and index heavyweights International Container Terminal Services Inc., San Miguel Corp. and Ayala Corp. have caught the eye of various exchanges to list offshore, according to Securities and…
THE volume of raw sugar production from mills fell 11.02 percent while refined sugar production volume grew, latest data from the Sugar Regulatory Administration (SRA) showed on Tuesday. As of Sept. 30, SRA said raw…
THE Department of Agriculture (DA) has opened four cold storage facilities worth P45.5 million and a P51.5-million slaughterhouse in Camarines Sur to reduce post-harvest losses and improve meat handling. The modular…
Broadband provider Converge ICT Solutions Inc. is eyeing to expand its data center network to Cavite and Laguna, committing to spend at least P5 billion for the two projects.
INDUSTRIAL conglomerate 3M lifted its full-year profit forecast on Tuesday after cost-control initiatives and higher prices supported margins, while its safety and industrial business remained resilient. The company now…
QUALCOMM will cut jobs globally in a “performance-focused reduction” following its annual employee reviews, CEO Cristiano Amon told staff in a memo on Monday reviewed by Reuters, with notifications set to begin in…
The Development Budget Coordination Committee is unlikely to revise the government’s revenue collection targets for 2026, ahead of its remaining meeting this year.
GENERAL Motors’ (GM) third-quarter results easily beat analyst expectations on the back of resolute shoppers who continue to spring for pricey pickups and SUVs. The company on Tuesday said quarterly earnings before…
HASBRO raised annual revenue forecast on Tuesday, betting on strong demand for its digital games, including "Magic: The Gathering," ahead of the crucial holiday season. The Play-Doh maker has posted consecutive gains in…
The Bangko Sentral ng Pilipinas is among Southeast Asia’s most hawkish central banks as stubborn inflation keeps policymakers focused on raising borrowing costs despite weakness in the domestic economy, according to…
THE Bangko Sentral ng Pilipinas (BSP) is expected to maintain a more hawkish monetary policy stance compared to other Southeast Asian peers as rising inflation strengthens the case for further interest rate increases…
THE Philippine peso remained at its record-low level of P63.09 against the greenback on Tuesday, while the stock market debut of GCash operator Mynt accounted for a significant share of trading activity. The local…
That's every story in Business for Wed 21 Oct.
Open this day's editionsTue 20 Oct in Latest