The Bangko Sentral ng Pilipinas (BSP), through its Legazpi Branch, is actively addressing the cash needs of banks in Masbate following the impact of Typhoon Opong.
The Government Service Insurance System (GSIS) announced its readiness to assist members and pensioners in Bogo and other quake-hit areas in Cebu, following the recent magnitude 6.9 earthquake that caused structural damage and disrupted daily life.
EEI Corp., one of the Philippines’ largest construction firms, has appointed Paul C. Visaya as head of its Infrastructure Division, effective this October. The move is part of a broader restructuring of the company’s organizational framework.
The Bangko Sentral ng Pilipinas (BSP) projects the country's balance of payments (BOP) to remain in deficit over the next two years, as current account pressures persist.
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.