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2027 budget keeps billions for confidential funds

The Marcos administration is seeking P10.773 billion for confidential and intelligence funds (CIF) in 2027, preserving billions for sensitive government operations even as the proposed allocation falls 8.8 percent below this year’s level.

CAAP: Davao Airport upgrades prioritize long-term service, temporary adjustments in place

The Civil Aviation Authority of the Philippines (CAAP) has assured the public that passenger comfort remains a key priority as rehabilitation proceeds at Davao International Airport’s passenger terminal, noting the work carries important policy implications for upgrading national aviation infrastructure and delivering better public services.

Insurer launches PRUCare Cancer Protect: affordable cover vs cancer costs

Pru Life UK has introduced PRUCare Cancer Protect, a 10-year renewable term insurance plan aimed at making cancer coverage easier to access, amid rising health and financial risks faced by Filipino families.

Vivant bets on water, renewables for growth

Vivant Corp. is leaning harder into water and renewable energy to broaden its earnings base, even as plant disruptions dragged down its first-half 2026 profit.

JG Summit 1H net income down 29% to ₱10.7B; revenue up 7%

JG Summit Holdings Inc., the Gokongwei group’s flagship firm, posted a 29 percent drop in first-half net income to P10.7 billion from last year’s P14.99 billion, though reduced losses from its exited petrochemical operations softened the fall.

Just in

DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.

Substantial diesel rollback offers respite after peak spikes

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.

Eala makes Asian Games debut look easy

Alex Eala did not exactly ease into the Asian Games. She arrived with a racket and apparently no interest in small talk.
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