Boardrooms bet on growth amid rising disruption
The country's chief executives remain broadly confident in the outlook of the various industries over the next 12 months despite persistent challenges such as corruption, macroeconomic volatility, and geopolitical risks, according to the CEO Survey 2025 conducted by the Management Association of the Philippines (MAP) and Isla Lipana & Co./PwC Philippines.
PPA terminates Zamboanga Port Terminal contract over delay, design issues
The Philippine Ports Authority (PPA) has terminated the contract for the Zamboanga Port Passenger Terminal Building (PTB) project, citing outdated delays, design, and policy priorities, according to PPA assistant general manager for engineering James Gantalao.
Engineers using fake licenses face LTO summons
The Department of Transportation (DOTr) has directed the Land Transportation Office (LTO) to summon two engineers from the Department of Public Works and Highways (DPWH) for allegedly using falsified driver's licenses to gain entry into casinos—an act revealed during a recent Senate investigation into flood control projects.
Senators elect Sotto as new Senate President
The Senate on Monday elected Senator Vicente "Tito" Sotto III as its new president, replacing Senator Francis Escudero, who has recently faced controversy over alleged links to a contractor involved with the Department of Public Works and Highways.
T-Bill yields drop further after recent rate cut
Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.
