Tag: Editors' Picks

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Farm group rejects plan extending tariff cuts on rice, corn and pork

The Samahang Industriya ng Agrikultura (SINAG) on Tuesday said the proposed extension of lower tariff on rice, corn and pork deserves an outright rejection as the existing mechanism has not proven beneficial to consumers and has negatively impacted local producers.

PSALM appoints ADB as advisor in CBK hydro plant privatization

The government has awarded the Asian Development Bank (ADB) the contract as transaction advisor to the Philippines Power Sector Assets and Liabilities Management Corp. (PSALM) to privatize the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant complex in Laguna.

CitySavings bares P100-B loan portfolio as continuing nod to financial inclusion

City Savings Bank, Inc. (CitySavings), the thrift bank arm of the UnionBank of the Philippines (UnionBank), on Tuesday bared the deployment of P100 billion to meet the loan requirement of its clients.

GSIS opens loan restructuring, condonation for delinquent borrowers

State pension fund Government Service Insurance System (GSIS) has relaunched a condonation and restructuring program with longer and affordable payment terms to benefit former members, old-age pensioners, re-employed members, and other borrowers with overdue loans.

SMC, government in collaboration to clean up, rehabilitate Luzon rivers

Three years after it launched its landmark river cleanup and flood mitigation initiative--which has led to the removal of over 3 million metric tons of silt and solid wastes from the Pasig, Tullahan, and San Juan Rivers--San Miguel Corporation (SMC) is setting its sights on a more ambitious goal: cleaning up and rehabilitating three major river systems as well as other tributaries and waterways throughout Metro Manila, Pampanga, Cavite, and Bulacan.

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ASEAN growth summit brings business leaders, Angelina Jolie to Manila

The Philippines will bring some of the world’s biggest business names, regional policymakers and Hollywood actress Angelina Jolie to Manila on November 11 for a summit focused on how Southeast Asia can protect economic resilience, accelerate digital transformation and ensure growth reaches smaller businesses and underserved communities.

Japan-Philippines friendship highlighted at 82nd Battle of Surigao Strait commemoration

The enduring friendship and diplomatic ties between Japan and the Philippines took center stage during the 82nd commemoration of the historic Battle of Surigao Strait, jointly organized by the City of Surigao and the Province of Dinagat Islands.

Anko expands to Laguna, Cavite; Philippine store count reaches 9

Australian home and lifestyle brand Anko is growing its footprint across the Philippines, opening three new locations before the end of 2026 and expanding beyond Metro Manila for the first time since its 2024 launch.

Calabarzon leads 2026 ecozone additions; 46 projects draw P141.2B

The Marcos administration has approved 46 special economic zones since taking office, with the developments projected to draw P141.2 billion in investments and generate about 189,000 jobs, although new ecozone activity this year remains heavily concentrated in Calabarzon.

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