A top official of a national employers’ group warned that a P150 legislated daily wage increase will inflict “incalculable damage” on the economy and urged instead for more sustainable alternatives to help workers cope with the rising cost of living.
The country's gross international reserves (GIR), an indicator of capacity to pay maturing foreign debt and trade obligations, stood lower in September to $98.7 billion from $99.6 billion, the Bangko Sentral ng Pilipinas (BSP said on Friday.
The Securities and Exchange Commission on Thursday has revised the sustainability reporting mandate for publicly listed companies to reflect the latest developments in global sustainability frameworks.
President Ferdinand Marcos Jr. on Wednesday announced the lifting of price caps on rice 29 days after first imposing the measure covering both the regular milled and well-milled staple.
The Makati Business Club has thrown its support behind a bold internal crackdown at the Bureau of Internal Revenue, welcoming the filing of cases against 25 revenue personnel accused of misusing Letters of Authority.
The Philippine economy is entering a pivotal year of recovery and structural strengthening, according to the 2026 Outlook released by investment house Unicapital Group through its brokerage arm Unicapital Securities, Inc. (USI).
The Government Service Insurance System (GSIS) reported strong financial results in 2025, with total assets reaching P1.96 trillion, up 8.2 percent from 2024, putting the fund close to the P2 trillion mark.