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DOF, BOC sign new rules to protect OFWs’ Balikbayan boxes

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To safeguard the welfare of Overseas Filipino Workers (OFWs), the government has signed a new Joint Administrative Order (JAO) to ensure the timely and secure delivery of Balikbayan boxes sent home by millions of Filipinos abroad.

Statement of Rep. Fidel Nograles on the Urgent Convening of the Bicameral Conference Committee for the Daily Wage Hike Bill

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The House of Representatives has taken decisive action to advance the daily wage hike bill, reflecting our shared commitment to uplift the lives of Filipino workers. We have approved the measure on third reading and already submitted the names of our conferees to the Senate. We now respectfully await the Senate’s designation of their bicameral panel so that we may begin the crucial task of reconciling our versions of the bill.

P200 wage hike bill already transmitted to Senate, House bicam team ready

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THE House of Representatives has already transmitted the P200 daily minimum wage hike bill to the Senate and has designated its bicameral conference panel, signaling full readiness to finalize the measure, according to House spokesperson Atty. Princess Abante.

SM Hotels eyes strong growth with 7 hotels

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SM Hotels and Convention Corp., the hospitality arm of SM Prime Holdings Inc., is set to significantly expand its national footprint, unveiling plans to launch seven new hotels by the end of 2029. This aggressive five-year expansion will increase its hotel count from 10 to 17 and raise room capacity by 51 percent, to 3,923 from 2,602 rooms.

FDI inflows drop 28% in March amid investor caution

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The country's foreign direct investment (FDI) posted net inflows of US$498 million in March 2025, a 27.8 percent drop from the US$689 million posted a year earlier, according to data released by the Bangko Sentral ng Pilipinas (BSP).
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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

Education, Health & Science 0
The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Corporate 0
Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

Corporate 0
First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Energy & Mining 0
Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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