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    ECOP chief seeks balanced, inclusive representation on P150 wage hike

    The umbrella organization of Philippine employers called for a more balanced and inclusive representation of all the sectors to be affected by the...

    Foreign currency reserves marginally lower in April at $101-B

    The Bangko Sentral ng Pilipinas (BSP) reported the preliminary gross international reserves (GIR) reaching $101.51 billion in April this year, marginally lower than March...

    Former Mastercard CEO and global equity investor heads World Bank

    The World Bank recently selected a new president to a five-year term beginning 2 June this year. Ajay Banga, former president and CEO at Mastercard...

    Inflation decelerates in April to 6.6% on lower food, electricity prices

    Lower prices of food, electricity, and cooking gas helped further slow down headline inflation in April to 6.6 percent, extending a deceleration that started...

    BOC achieves highest daily collection of P7.510-B

    The Bureau of Customs (BOC) achieved a significant milestone on 28 April this year with a record-breaking daily collection of P7.510 billion.  This impressive feat...

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    TDK taps Aboitiz for Laguna solar power project

    Aboitiz Upgrade Solar Inc. (AUSI), a renewable energy affiliate of Aboitiz Power Corp., has partnered with electronics manufacturer TDK Philippines Corp. (TPC) to install a 5.65-megawatt-peak (MWp) rooftop solar PV system across two TPC facilities in Laguna.

    President Marcos names DOJ’s Remulla as Ombudsman

    President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.

    DA measures help shield poor from inflation

    Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.

    Foreign currency reserves rise in September

    The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.

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