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Grab Ph notes rapid rise in online food, groceries orders

The number of Filipinos ordering food and groceries online is rapidly rising, according to Grab's Southeast Asia (SEA) Food and Grocery Trends 2023 report. 

Government eyes P45 billion from treasury issuances next week

The government will raise next week P45 billion through the auction of treasury bills and bonds for budgetary support.

Telco redoubles effort targeting online fraud

Globe Telecom on Friday intensified efforts against online fraud and blocked six times more SIMs registered in 2023 compared to the previous year.

Malacañang welcomes new finance chief, investment adviser to ‘dynamic’ economic team

President Ferdinand Marcos Jr. on Friday welcomes two new members to his economic team and administers the oath of office of Batangas Rep. Ralph Recto as new finance secretary and businessman Frederick Go as special assistant to the president for investment and economic affairs.

Xurpas confident XAIL unit can help Philippines catch up in AI revolution

Listed technology firm Xurpas Inc. said Friday its  aritificial intelligence and data science unit Xurpas AI Lab, or XAIL which was launched last year, is ready to help Philippine business catch up with their counterparts in the Asia-Pacific region through AI.

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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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