The Asian Development Bank (ADB) has projected a 4.9 percent economic growth rate for developing Asia and the Pacific in 2025, slightly down from 5 percent in the previous year, according to the ADB's latest Asian Development Outlook (ADO) report released today.
The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.
Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.
The House of Representatives Tri Committee investigating fake news and misinformation has cited social media personalities Sass Rogando Sasot, Jeffrey Celiz, and Lorraine Badoy-Partosa in contempt for repeatedly failing to attend hearings. The TriCom ordered their arrest for continued absence without offering any legal excuse. Additionally, vlogger Mark Lopez was cited for contempt after posting a maligning remark about the panel following his appearance at the third hearing. Once arrested, the four will be detained at the House until the hearings are concluded. The four are known supporters of former President Rodrigo Duterte.
The Department of Environment and Natural Resources (DENR) has suspended operations at the Davao City sanitary landfill following a trash slide on May 20 that killed one person, injured two others, and left two missing.
The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is asking President Marcos Jr. to reject the 2026 Philippine Nutrient Profile Model (PNPM) proposed by the Department of Health.
The Department of Agriculture (DA) has filed formal complaints with the Ombudsman against Department of Public Works and Highways (DPWH) officials and private contractors over eight alleged "ghost" Farm-to-Market Road (FMR) projects in Davao Occidental worth around P94 million. These projects, meant to help farmers, were reportedly paid in full but never built.
In a major move to equip young Filipinos with vital money management skills, BPI Foundation, Inc. (BPIF) has partnered with Knowledge Channel Foundation, Inc. (KCFI) to deliver specialized financial education content and learning materials to public schools across the country.