The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.
TikTok Shop is ramping up efforts to support more micro, small, and medium enterprises (MSMEs) across the Philippines, with plans to strengthen partnerships with local government units (LGUs) and expand its “Unlad Lokal” initiative deeper into the Visayas and Mindanao by 2026.
As rising oil prices and supply disruptions continue to strain households and businesses, Ayala Corporation said it is ramping up sustainability and efficiency initiatives across its businesses to help ease costs for consumers.
Budget airline Cebu Pacific announced Tuesday that it will resume flights between Manila and Dubai starting July 2, 2026, after completing safety checks and coordinating closely with Dubai airport authorities.
The Department of Transportation (DOTr) said 74 local and international companies from 14 countries have shown interest in taking over and upgrading Metro Manila’s MRT-3 line through a public-private partnership (PPP) project.
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.