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ARTA, DBM target faster government payments for contractors

The Anti-Red Tape Authority (ARTA) and the Department of Budget and Management (DBM) are moving to streamline government payment processes, aiming to ease long-standing cash flow problems that have delayed infrastructure projects and strained contractors doing business with the state.

EastWest pushes employer-led PERA adoption for better retirement security

East West Banking Corporation (EastWest) highlighted the key role of employers in improving Filipinos’ retirement readiness at the Bangko Sentral ng Pilipinas-subsidized PERA@Work forum.

Inflation squeezes budgets but fails to crush Filipino optimism

Filipinos are keeping a hopeful outlook on their financial futures despite heavy pressure from inflation and rising living costs.

Palawan children to get better early learning support under new partnership program

More than 1,500 young children in El Nido will benefit from a new early education initiative called CENTEX Early Grades, launched through cooperation between the El Nido local government, DepEd Palawan, Palawan State University, and Ayala Foundation.

US safety rules raise compliance stakes for exporters

Philippine exporters shipping consumer goods to the US are being urged to tighten their compliance processes as new electronic product safety filing requirements take effect, raising the bar for companies seeking seamless access to one of the country's largest export markets.

Just in

Progella, Pagara outlast Japan duo, enter beach volleyball semis

Beach volleyball has a simple rule: get to 21, win by two, and try not to blink when the scoreboard starts looking like a suspense thriller.

PH net foreign liabilities rise to $65.6 billion

The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.

PEZA, Aboitiz push EaseBiz to fast-track projects

The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.

Government ramps up super El Niño safeguards  

The government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.
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