Tag: Gokongwei Group

Buying a car in the Philippines has traditionally involved three things: a dealership, a salesperson who calls you “Sir” or “Ma’am” with enthusiasm, and a calculator poised to reveal how much of your future salary you need to commit. There may also be coffee, a test drive, and a discussion about whether the free tint is really worth installing.

The Private Sector Advisory Council (PSAC) is proposing a P1-billion annual government allocation to send 100 top-performing Filipino students to leading universities overseas, with scholars required to return home and put their expertise to work in the Philippines.

The number of unemployed Filipinos surged to 2.86 million in September 2026 as employment growth failed to keep pace with an expanding labor force, pushing the jobless rate to its highest level in recent months.

A sharp contraction in palay and corn production dragged Philippine agriculture and fisheries output down 5 percent in the third quarter of 2026, outweighing gains in livestock and poultry and underscoring the uneven recovery across the country's food-producing sectors.