Make LGU funds ‘results-based’ amid pork barrel concerns — World Bank
“We believe that LGSF can support genuine regional development so long as obviously it’s effectively utilized,” World Bank lead urban specialist Makiko Watanabe says
“We believe that LGSF can support genuine regional development so long as obviously it’s effectively utilized,” World Bank lead urban specialist Makiko Watanabe says
The world will add less clean energy capacity in 2026 for the first time in five years due to inadequate transmission networks and trade barriers, the International Renewable Energy Agency said.
The businesses were found operating without central-bank registration.
SAN FRANCISCO — Days after launching its first folding iPhone, Apple acknowledged on Monday that some of the devices exhibit display problems and said it will replace them. Apple started shipping the iPhone Duo last…
President Ferdinand “Bongbong” Marcos Jr. has increased the country"s corn import quota under the minimum access volume (MAV) scheme to 500,000 metric tons (MT) from 220,000 MT, a move the government says will help…
Sa ngayon, makatutulong ang pagplano ng bayarin at pag-iwas sa padalos-dalos na financial decisions. Pero may pananagutan din ang gobyerno na gawing mas matatag ang ekonomiya.
Amid the peso's historic weakness, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. emphasizes that the central bank will not intervene to defend the peso at a particular exchange rate, unless the depreciation…
The Philippine peso sank further on Tuesday, past the 64-to-a dollar level and closing to its 33rd historic low this year.
Converge may miss its P18 billion spending target as network delays raise concerns about expansion and subscriber growth.
Maynilad is reducing its reliance on the Angat Dam to ensure continued water services amid the El Niño phenomenon, the West Zone water concessionaire said Tuesday.
MANILA, Philippines—President Ferdinand Marcos Jr. signed Executive Order (EO) 129, which temporarily increases the Minimum Access Volume (MAV) for corn imports to prevent increases in meat and poultry prices amid a…
MREIT's income doubled following asset acquisitions, but dividends per share rose just 10%, tempering shareholder gains.
MANILA, Philippines — The peso hit a new historic low of P64.17 against the greenback on Tuesday. It weakened by 22 centavos to P64.17 from the previous record low of P63.95:$1. This marks the sixth consecutive trading…
Philippine shares rallied on Tuesday as the benchmark index was lifted by bargain hunting, hitting past the 5,700 mark.
CEBU CITY, Philippines — The cost of moving goods between Philippine islands could be reduced by scrapping roll-on, roll-off (RoRo) terminal fees and expanding transport infrastructure, the Philippine Coastwise Shipping…
AFC SME Finance Inc., a subsidiary of Asialink Finance Corp., said Tuesday it is offering loans of up to P5 million for home construction.
The Board of Investments (BOI) on Tuesday said investment pledges it approved in the January to September 2026 period have already hit P900.06 billion, nearing its full-year target of P1 trillion.
THE Energy Regulatory Commission (ERC) plans to allow all electricity consumers to choose their power supplier by 2031 under a proposed expansion of the Retail Competition and Open Access (RCOA) program. In a draft…
Traffic on expressways operated by Metro Pacific Tollways Corp. (MPTC) is expected to increase by about 12% on peak travel days ahead of Undas, with the company preparing additional personnel and traffic management…
San Miguel Corp. (SMC) Tollways has reminded truck operators transporting agricultural products that they have until October 31, 2026 to enroll for a 5% toll discount across its expressways which can be availed from…
METRO Manila’s office market is absorbing space faster than developers are delivering it, according to the 2026 Q3 Real Estate Market Briefing released in October by real estate advisory firm Prime Philippines. “Metro…
The National Privacy Commission (NPC) has asked the Bureau of Internal Revenue (BIR) to explain its requirement for online sellers, vloggers and other digital earners to display a BIR registration seal on their online…
San Miguel Infrastructure sees 10% traffic increase along expressways during Undas
Part 1 EVALUATING the United Architects of the Philippines (UAP) National Headquarters requires moving past superficial critiques and examining what truly defines iconic placemaking architecture. Rooted in time-tested…
Pangilinan-led Metro Pacific Tollways Corp. on Tuesday announced it has secured the approval of the Toll Regulatory Board (TRB) for the collection of the second-tranche toll rates at CAVITEX R1 Expressway Extension.
A NEW trend in Philippine real estate integrates universities and health care services into mixed-use developments that combine residential and commercial spaces. This “eds and meds” model follows global best practices…
The Philippine peso on Tuesday, October 27, breached a fresh trading low of P64 against the dollar, the lowest peso value in history thus far.
A member of the House committee on banks and financial intermediaries has called for enhanced collaboration among government agencies, real estate developers, and housing finance institutions to narrow the gap between…
A dormant coal shell refashions itself into a piped-water holding enterprise
MANILA, Philippines — The peso plunged to a new record low of P64 as of morning’s trading on Tuesday. The local currency opened at P63.95 and further slipped to intraday low of P64:$1.
The Philippine peso dived to a new record low, breaching the P64:$ level during the intraday trading on Tuesday.
Enhanced collaboration among government agencies, real estate developers and housing finance institutions is necessary to narrow the gap between residential property prices and the purchasing capacity of Filipino…
Motorists can expect mixed price adjustments this week, with diesel and kerone products becoming more expensive, and a slight rollback in gasoline prices.
PRIME Infra, a company with businesses in water, waste management and energy, has signed a memorandum of understanding with the Climate Change Commission (CCC) to help communities prepare for weather disruptions and…
THE Sugar Regulatory Administration (SRA) is urging the government to give beverages made solely with locally produced cane sugar a lower tax rate than those using artificial or other imported sweeteners to protect…
GCash’s listing success should be measured by its ability to expand the business and unlock value, rather than by its share price performance, according to analysts.
MICRO, small and medium enterprises (MSMEs) from Soccsksargen (Region 12) generated P32.5 million in sales and purchase orders at the Department of Trade and Industry’s (DTI) Treasures of Region 12 Trade Expo. The total…
BANK of Commerce (BankCom), an affiliate of San Miguel Corp., on Monday commenced the public offering of at least P5 billion worth of bonds with fixed interest rates of up to 7.6563 percent to diversify its funding…
Pag-IBIG Fund financed 68,514 homes worth P111.29 billion from January to September, marking a 15-percent increase in housing units financed as lending for socialized housing surged under the Expanded Pambansang Pabahay…
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