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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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    Sugar import ban to stay another year

    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.

    ERC clears NGCP’s P12.96B Camarines Sur substation

    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.

    Tawi-tawi power coop restructures P400M debt

    The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.

    DM Wenceslao tower gains PEZA status

    DM Wenceslao & Associates Inc.’s 8912 Asean Avenue has secured a major regulatory boost after the government declared the property a Philippine Economic Zone Authority–registered Information Technology Center, strengthening Aseana City’s appeal to global IT and business process management locators.

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