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Closed fishing grounds, inclement weather significantly reduced fish catch in January

Fish catch across all regional fish ports posted a 2.3 percent annual increase in January, the Philippine Fisheries Development Authority (PFDA) said on Thursday.

Maynilad laying down P2.7B new pipes over four years to limit non-revenue water loss

Maynilad Water Services Inc. is spending P2.7 billion over four years to limit its high water loss and bring down its non-revenue water (NRW) in the City of Manila.

Aboitiz’s big bet on data science bears fruit 

In 2019, the Aboitiz Group donated US$10 million to the Asian Institute of Management (AIM) to establish the Aboitiz School of Innovation, Technology, and...

Ayala Land redeveloping all four flagship malls all at once with a budget of P13 billion

Ayala Land Inc. on Thursday said it will spend P13 billion to redevelop beginning this year four of its malls in Metro Manila and Cebu to keep up with changing commercial conditions generated by the end of the pandemic. 

Overseas Filipinos in US, Middle East countries sent home $33.5 billion in 2023

Personal remittances from overseas Filipinos (OFs), which help drive consumption activities across the country, posted a new record high of USD3.6 billion in December 2023, up by 3.9 percent from the USD3.5 billion reported in December 2022. 

Just in

NFA cites funding gap in meeting 15-day rice buffer stock target

The National Food Authority (NFA) is struggling to meet the government’s 15-day rice buffer stock requirement as stagnant funding, limited storage and inadequate logistics constrain its ability to buy more palay from Filipino farmers.

Healthcare gaps threaten PH tourism growth, Ayala exec warns

The Philippines’ tourism ambitions face a major hurdle as inadequate healthcare in popular destinations and high operating costs discourage investment in medical facilities.

ADB offers $500M emergency funding as El Niño risks loom

The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.

PITX plans smart transport hub network as terminal nears capacity

From a once-contested solution to Metro Manila’s provincial bus congestion, PITX is positioning itself for a bigger role in the country’s transport system as passenger traffic approaches its design capacity.
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