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Garbin exposes Tiangco’s P529-M budget insertions cornered by notorious contractors in ghost, substandard flood-control projects

Ako Bicol party-list Rep. Alfredo Garbin on Friday turned the tables on Navotas Rep. Toby Tiangco, exposing that the lawmaker himself has more than half a billion pesos in budget insertions for 2025 that went to projects cornered by two firms now under investigation for ghost flood-control undertakings.

Eala survives grind, storms into Guadalajara semis

Alex Eala needed one day, two wins, and every ounce of grit she’s ever developed to punch her ticket to the semifinals of the Guadalajara 125 Open in Mexico.

August rice stocks up, corn lower—PSA 

The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).

Inflation accelerates in August on higher food prices

Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.

Remolona named among World’s Best Central Banker for second consecutive year

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has earned an “A-” rating in Global Finance magazine’s Central Banker Report Cards 2025, marking his second consecutive recognition as one of the world’s best central bank governors.

Just in

Flexible gold ownership gains traction in Philippines

Gold ownership in the Philippines is becoming increasingly flexible as buyers seek a wider range of formats tailored to their financial goals. 

ICTSI boosts South Africa reade, supply chains 

Philippine port operator International Container Terminal Services Inc. (ICTSI) is set to strengthen South Africa’s trade and logistics sector as it begins managing and developing the Durban Container Terminal Pier 2 (DCT2) under a 25-year partnership with state-owned Transnet.

Concentrix sets up AI hub in Quezon City

Concentrix has strengthened its footprint in the Philippines with the launch of a new operations site and its iX360 immersive experience center in GBF Tower 2, Bridgetowne, Quezon City. The expansion is part of the company’s reported P2-billion investment aimed at scaling its AI-driven and digital customer experience services.

Alsons Power earnings up amid expanding renewable asset

Alsons Consolidated Resources Inc., the listed energy arm of the Alcantara Group, posted stronger first-quarter earnings as rising electricity demand in Mindanao and improved power trading offset mounting global economic uncertainty.
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