The Philippines’ unemployment rate in June rose to 3.7 percent, up from 3.1 percent a year earlier, according to the latest Labor Force Survey released Wednesday by the Philippine Statistics Authority (PSA).
Construction of a P2-billion cruise ship berth is set to begin in the last quarter of the year, Aklan Governor Jose Enrique Miraflores announced, as part of efforts to boost tourism on this world-renowned island.
FinQuest Philippines (finquest.ph) has officially launched a new digital loan-matching platform designed to connect small and medium-sized enterprises (SMEs) with a network of banks and financial institutions. The goal is to accelerate access to business financing across the country.
The Visayas Grid had been placed under yellow alert from 1:00 p.m. to 9:00 p.m. on Tuesday, as the National Grid Corporation of the Philippines (NGCP) flagged low power reserves amid rising electricity demand and continued outages across multiple power plants.
The Securities and Exchange Commission (SEC) has extended the validity of shelf registration offerings from three to five years and simplified the requirements for subsequent tranches, under SEC Memorandum Circular No. 12, Series of 2025.
In a bid to future-proof Iloilo’s water supply, Metro Iloilo Bulk Water (MIB) brought key officials from the Metro Iloilo Water District (MIWD) to tour the state-of-the-art facilities of sister company Maynilad Water Services, Inc. in Metro Manila.
Philippine Airlines (PAL) is set to deploy its first refurbished Airbus A321ceo this month, marking the start of a fleet-wide cabin retrofit program aimed at improving passenger experience and operational efficiency. The first aircraft, RP-C9905, was retrofitted at Lufthansa Technik Philippines' facility in Manila.