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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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US pledgesP639M health aid to Philippines

The US has committed more than P639 million in fresh health assistance to the Philippines, deepening a multibillion-peso partnership aimed at strengthening the country’s response to infectious diseases and improving health system resilience.

PCC tightens watch on oil, fuel markets 

Amid mounting volatility in global oil markets, the Philippine Competition Commission (PCC) said it is intensifying oversight of the domestic fuel sector to guard against anti-competitive practices that could disadvantage consumers.

PCPPI ramps up tech-driven push to empower sari-sari stores nationwide

Pepsi-Cola Products Philippines, Inc. (PCPPI) is intensifying its efforts to support sari-sari stores, rolling out a technology-enabled distribution strategy aimed at directly empowering millions of Filipino micro-entrepreneurs.

Filinvest launches promo to make home buying easier

Filinvest Land, Inc. (FLI) has rolled out its Kaya-Sulit Ready-for-Occupancy (RFO) Promo to make buying homes more affordable and easier for Filipinos. The program is offered in partnership with EastWest Bank and the Bank of the Philippine Islands (BPI).

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