Tuesday, 13 January 2026, 6:47 pm

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    Proposed wage hikes impose 30% added costs for employers

    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.

    Debt payments, diminished gold value push GIR lower in September

    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.

    Draft circular on listed firm sustainability reports out – SEC

    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.

    ERC considers removing price ceilings under GEA3

    The Energy Regulatory Commission (ERC) is considering the removal of price caps at the third Green Energy Auction (GEA3).

    Government removes rice price caps 

    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. 

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    Singapore’s Atome secures $345m syndicated loan

    Singapore-based Atome, part of Advance Intelligence Group, has raised $345 million through an upsized syndicated debt facility, up from $200 million secured in 2024.

    Cebu Landmasters gets PCC approval for Japanese investor

    Cebu Landmasters Inc. (CLI) said it has secured approval from the Philippine Competition Commission for the entry of Japanese firm NTT UD Asia Pte. Ltd. as a partner in its Luzon expansion. The deal allows NTT UD Asia to acquire 40 percent of the voting shares of CLI Luzon Ventures Inc., the unit formed to lead the company’s developments in Luzon.

    DOE to collect up to P24B in bonds, penalties from Leviste-linked solar firm

    The Department of Energy (DOE) said it will collect up to P24 billion in performance bonds and other financial and technical obligations from Solar Philippines Power Project Holdings Inc., a company founded by Batangas Rep. Leandro Leviste.

    Philippine passport loses visa-free access in 2025, but ranking edges up

    The Philippine passport became weaker in terms of travel freedom in 2025, losing visa-free access to three destinations, even as it slightly improved its position in global rankings, according to the Henley Global Mobility Report.

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