Former legislator Carlos Isagani Zarate of Bayan Muna on Tuesday criticized the Marcos administration's continued reliance on energy privatization and market liberalization, pointing to recent government data showing that the Philippines now has the highest power rates in Southeast Asia. Zarate argued that the country's staggering electricity costs are the direct result of neoliberal policies, particularly the Electric Power Industry Reform Act, which he said dismantled state control and handed public energy resources over to private corporations.
The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.
The Philippines is poised to remain one of Southeast Asia's top travel destinations in the second half of 2026 as travelers embrace smarter spending habits, favoring value, convenience and careful planning over impulsive vacations.
Converge ICT Solutions Inc. has launched a new initiative to equip underserved Filipino youth with technology skills, as the country pushes forward with digital transformation.
The Government Service Insurance System (GSIS) has turned over land titles to three government employees in Baguio City and Benguet, moving forward with President Ferdinand R. Marcos Jr.’s directive to expand affordable homeownership under the Pambansang Pabahay para sa Pilipino (4PH) Program.
The Manila Electric Co., the country’s largest power distributor by sales that is better known as Meralco, has placed its personnel on standby as heavy rains from the southwest monsoon threaten to cause power interruptions and other electricity service concerns across its franchise areas.
The growing market for premium pet food is changing what Filipino pet parents expect from the brands filling their pets’ bowls, with ingredient lists alone increasingly no longer enough.
The National Basketball Association (NBA) and Salmon, a fast-growing financial technology company in the Philippines, today announced a multi-year marketing partnership that makes Salmon an Official Partner of the NBA in the Philippines.
Meralco, led by Manuel V. Pangilinan, took home nine Excellence and Merit trophies at the 22nd Philippine Quill Awards, marking another strong showing in the country’s top business communication honors.