Top News
Supreme Court strikes down key national budget provisions
The Supreme Court has declared unconstitutional key provisions of the 2024, 2025 and 2026 national budgets, ruling that congressional increases beyond the President’s recommended appropriations violated constitutional limits and weakened safeguards over public spending.
DOE opens nuclear project bids
The Department of Energy confirms that interested investors and developers may already submit nuclear energy project proposals, though full government guidelines are still being finalized.
$1.5-B ADB loan targets fuel costs, jobs amid crisis
The Philippine government has secured USD1.5 billion in emergency financing from the Asian Development Bank (ADB) to help cushion households, commuters and businesses against rising fuel prices and economic disruptions stemming from the Middle East conflict.
Landmark GCash debut ignites mass retail stock market participation
In a historic milestone for the Philippine financial sector, Mynt, the operating entity behind the country's leading fintech platform GCash, successfully staged the nation's largest initial public offering to date, raising 60.9 billion pesos. The maiden share sale marked a defining moment for domestic capital markets, demonstrating how digital ecosystems can democratize investing and activate a new generation of retail investors.
Gov’t seeks global partners for Mindanao Railway
The Philippines is reaching out to India and other international partners to secure financing for the Mindanao Railway Project, following the withdrawal of earlier financial support from China.
