ADB lowers PH growth outlook amid global headwinds
The Asian Development Bank (ADB) has revised its growth forecast for the Philippines to 5.6 percent in 2025 and 5.8 percent in 2026, down from earlier projections of 6.0 percent and 6.1 percent, respectively. The recalibration, the ADB said, reflects the impact of external headwinds and highlights the growing importance of responsive economic policy.
DA chief orders swift assistance for storm-affected areas
Agriculture Secretary Francisco P. Tiu Laurel Jr. has directed officer-in-charge undersecretary for operations Roger Navarro and Undersecretary Chris Morales, who oversees the country’s National Rice Program, to immediately visit areas devastated by Tropical Storm Crising and the Southwest Monsoon to provide urgent support to affected farmers and fisherfolk.
Synergy Grid director quits after appointment as ERC chief
Synergy Grid & Development Phils. Inc., the controlling stakeholder in the National Grid Corporation of the Philippines (NGCP), announced that independent director Atty. Francis Saturnino C. Juan has stepped down from its board following his appointment as the new Chairperson of the Energy Regulatory Commission (ERC).
Meralco intensifies full restoration efforts amid bad weather
Meralco has significantly reduced the number of customers experiencing power interruptions caused by recent inclement weather, thanks to continuous round-the-clock restoration work by its personnel.
BDO hosts Kyoto business delegation to boost PH-Japan ties
BDO Unibank Inc. (BDO) has reinforced its commitment to supporting foreign investors by hosting a delegation from the Kyoto Employers Association (KEA) at BDO Makati.
