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FMR Equity Act could cut 36,000-KM road backlog, DA says

The Department of Agriculture (DA) is urging Congress to pass the proposed Farm-to-Market Roads (FMR) Development and Equity Act, aimed at addressing a 36,000-kilometer backlog in rural road infrastructure.

Grab named digital tourism partner in boost to Philippine tourism

The Department of Tourism (DOT) has officially designated Grab as its digital tourism partner, signaling a strategic move to modernize food tourism and enhance inter-city travel in the Philippines. The collaboration, formalized through a memorandum of agreement, aims to elevate two key priorities: promoting Philippine gastronomy as a central tourism driver and improving connectivity between gateway hubs and cities across the country.

Japan, Philippines celebrate 60 years of volunteer diplomacy

The Embassy of Japan in the Philippines, in partnership with the Japan International Cooperation Agency (JICA) Philippines Office, hosted a commemorative event at the Ambassador’s residence to mark the 60th anniversary of the Japan Overseas Cooperation Volunteers (JOCV). The celebration highlighted the enduring friendship between Japan and the Philippines, grounded in shared development goals and deepening people-to-people ties through volunteerism.

DOF assures environmental protection under new mining regime

The Department of Finance (DOF) has assured the public that the newly signed Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, will strengthen environmental safeguards while optimizing the country’s mineral wealth for inclusive and sustainable development.

Taiwan Fructose taps First Gen for green energy

The Philippine unit of Taiwan Fructose Co. Ltd., a global sweetener manufacturer, has partnered with First Gen Corp. to power its Batangas facility with clean energy from geothermal sources.

Just in

1Q remittances rise to $8.68 billion

Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.

Blue chips signal medium-term PSEi opportunity 

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.

ADB offers $1.75 billion aid to PH amid Middle East crisis

The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.

Globe posts strong 1Q 2026 growth as data drives 91% of revenues

Globe Telecom reported strong first-quarter 2026 earnings, with consolidated service revenues rising 5 percent year-on-year to P42 billion, marking its second-highest quarterly revenue performance on record.
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