A constitutional crisis that could derail the country’s economic recovery from the COVID-19 pandemic is looming , with the Senate and the House of Representatives take polar positions on the ongoing People’s Initiative to revise the Philippine Constitution.
The government sector borrowed USD1.32 billion more in medium- to long-term (MLT) funds in the final three months of 2023, which was 66 percent more than that borrowed a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
The Department of Agriculture (DA) on Sunday reiterated the likelihood for the onion import ban to last beyond May or even June as part of measures helping shield onion growers from unreasonable farm gate prices and the destruction of their crops.
The price of palay or unhusked rice per kilo in the final three months of 2023 averaged P21.81, a 6.4 percent increase from third-quarter prices and 25 percent more than the year-earlier period.
An expected monetary policy easing this year—and consequently a drop in mortgage rates--should bolster demand for residential projects and industrial space, the latest edition of Colliers Research said.
Movem Electric Inc. (Movem), the wholly owned electric mobility solutions provider of Manila Electric Co. (Meralco), has partnered with Filinvest Malls to expand electric vehicle (EV) charging infrastructure at Festival Mall in Muntinlupa City.
Maya, the countey’s leading digital financial services platform, has capped an unbeaten run to claim the Corporate Division 3 Cup at the 2026 Corporate Football League, showcasing the same teamwork that drives its work in payments and digital banking solutions for consumers and businesses.
The National Development Co. (NDC) has appointed Robert James M. Samson as its new general manager, as the state-owned investment firm seeks to maximize its assets and expand its role in strategic industries.
Ayala Land Premier has begun turning over units at Gardencourt Residences in Arca South, Taguig, as parent Ayala Land Inc. (ALI) focuses on accelerating project completion and home deliveries across its residential pipeline.