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ECOP chief seeks balanced, inclusive representation on P150 wage hike

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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

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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

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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

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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

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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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Aznar Shipping files IPO to fund expansion

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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

Trade & Investments 0
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

Transport & Logistics 0
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.

New 8-car EMU trainset delivered for North-South Commuter Railway

Transport & Logistics 0
The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.

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