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Marcos lifts public health emergency due to COVID-19

President Ferdinand R. Marcos Jr. has lifted the State of Public Health Emergency throughout the country issued by his predecessor to deal with COVID-19...

NEDA closes unsolicited mode for NAIA; encourages proponents to bid instead

The National Economic and Development Authority (NEDA) Board on Wednesday declared as closed the unsolicited mode by which the Manila International Airport may be...

Economy forecasts to have slowed to only 5.6% in 2Q

The Philippines is expected to persist along a growth path in the second quarter this year but at a slower pace of around 5.6...

Young Filipinos felt high inflation the most in 2Q – NRI survey

The sharp rise in the price of services and goods the past many months has forced the young and middle-class segment of the population...

Marcos Jr. signs Maharlika Investment Fund Act 

The Maharlika Investment Fund, the country’s first-ever sovereign fund has been created.President Ferdinand R. Marcos Jr. signed into law Senate Bill No. 2020 and...

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Mynt IPO likely to price below P10, analysts say

Mynt Inc., the company behind leading fintech platform GCash, may see its upcoming initial public offering (IPO) priced below the stated P10 indicative level, according to market analysts.

Aznar Shipping files IPO to fund expansion

Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

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