Generosity remains one of the Philippines' most durable assets, with new regional studies showing that the country's culture of giving continues to outshine many of its neighbors even as charities grapple with rising costs and growing social needs.
The P9.51 billion refund ordered for Manila Electric Co. (Meralco) customers will deliver reduced savings because the regulator has also approved a three-year cost recovery charge for the utility, the Energy Regulatory Commission (ERC) confirmed Monday.
The Bank of the Philippine Islands (BPI) celebrated its 175th anniversary on August 1, 2026, marking nearly two centuries of service and leadership in the country’s financial sector.
The Bureau of the Treasury fully awarded P50 billion worth of Treasury bills on Monday after robust investor demand drove borrowing costs lower across all tenors, signaling growing confidence that inflationary pressures may be easing despite lingering risks from energy prices.
The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.
The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.
Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.