The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.
TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.
Public utility vehicle (PUV) operators using the Parañaque Integrated Terminal Exchange (PITX) are expected to save more than P5 million after President Ferdinand Marcos Jr. ordered the suspension of terminal fees for three months starting May 18, 2026.
Broadcast giant GMA Network reported an 87 percent drop in first-quarter 2026 profit after missing the boost from election-related advertising seen last year.
The Bank of the Philippine Islands strengthened its financial inclusion efforts through “Basta Babae, Wais!,” a one-day financial literacy program attended by more than 300 women in Barangay 176F, Caloocan City on March 25.
Globe has launched Konek kay Attorney, a program providing free legal consultations to underserved communities, partnering with the Integrated Bar of the Philippines (IBP) Rizal-RSM Chapter.
With a strong El Niño expected to last into the first half of 2027, Manila Water is strengthening its supply sources through key infrastructure investments to ensure reliable service across the East Zone.
The Securities and Exchange Commission or SEC-registered Sulit Lending Corporation has officially launched its digital lending app PeraSure, offering easier credit access to millions of Filipino workers without regular payslips.
The Department of Transportation (DOTr) is urging lawmakers to reinstate the P12.8-billion allocation meant to buy new train sets for Light Rail Transit (LRT) Line 2, after the fund was dropped from the 2027 budget proposal submitted to Congress.