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Census shows landownership among Filipino households highest in poorest regions

If land ownership were the only measure of wealth, then people living in the Cordilleras are the richest in the Philippines, with almost every...

GSIS seals Autohub discounts, open credit line for car insurance clients

The Government Service Insurance System (GSIS) signed an agreement with the Autohub Group to secure an open credit line and exclusive discounts for automotive services to GSIS-insured...

Bautista encourages commuters to report travel, transport issues via a hotline

The Department of Transportation (DOTr) has launched a hotline for commuter-related concerns and other transport issues through contact number 0920-964-3687.  The hotline will serve as the agency’s central...

Bank of Commerce to install 300 new ATMS, CRMs nationwide

Bank of Commerce, the listed banking affiliate of San Miguel Corp., said Wednesday it will install a total 300 automated teller machines and cash...

Megaworld launches residential project in San Vicente, Palawan;  expects P2.3 billion in sales

Megaworld Corp. said Wednesday it will launch the 10-story Oceanfront Premier Residences at the Paragua Coastown, the listed property developer’s expansive ecotourism township project...

Just in

Frasco out as DOT chief, stays in Cabinet

Secretary Christina Garcia Frasco will remain in the Cabinet of President Ferdinand Marcos Jr. but will step down as head of the Department of Tourism to become Presidential Adviser for Sustainable and Resilient Communities. Malacañang said tourism Undersecretary Verna Buensuceso will serve as officer in charge of the agency until a new tourism secretary is appointed. The Palace did not immediately explain the leadership change, and it remains unclear whether recent criticism surrounding the tourism department’s promotional campaign had any bearing on Frasco’s reassignment. Palace Press Officer and Undersecretary Claire Castro said President Marcos expressed his appreciation for Frasco’s leadership at the tourism department.

US probe tests ASEAN trade balance

The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.

ASEAN urged to keep trade flowing

The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.

Possible power rate increase of P2–P4/kWh next month – ERC

The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).
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