Top News
Work starts on FTI Station, critical segment of PH’s largest railway project
The joint venture of Leighton Asia and First Balfour has begun construction on a vital component of the North–South Commuter Railway (NSCR), the country’s largest railway project.
GSIS reports P1.92T assets, dismisses mismanagement claims
The Government Service Insurance System (GSIS) has issued a statement defending the integrity of its governance and the performance of its leadership, reaffirming its core fiduciary duty to deliver value and security to its 1.7 million members.
DPWH undersecretary resigns amid contractor link allegations
Public Works Secretary Vince Dizon confirmed Friday the irrevocable resignation of undersecretary Arrey Perez following allegations linking him to contractors involved in flood control projects.
Court freezes bank, insurance assets linked to flood control project irregularities
The Court of Appeals (CA) has ordered the freezing of bank accounts and insurance policies held by individuals and corporations allegedly involved in anomalous flood control projects.
IMF sees persistent trade gap, slower output growth
The Philippines is expected to continue running a significant current account deficit this year, indicating persistent reliance on foreign capital to fund domestic spending, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
