Megawide Construction Corp. and the Home Development Mutual Fund (Pag-IBIG) have inked a landmark partnership to fast-track the government’s expanded Pambansang Pabahay Para sa Pilipino (4PH) program.
Some 3.2 million Filipino workers received assistance through Pag-IBIG Fund’s short-term loan (STL) programs from January to October this year, a 28 percent jump from the 2.5 million borrowers recorded in the same period last year, agency officials announced Monday, December 1.
The Securities and Exchange Commission has officially moved the power to grant the Philippine Green Equity Label to the Philippine Stock Exchange, aiming to simplify procedures and bring local practices in line with global standards.
Semirara Mining and Power Corporation (SMPC) has criticized the Department of Energy (DOE) over auction rules governing the Semirara coal mine, claiming that procedural flaws and onerous conditions effectively prevent the long-time operator from participating in the bidding process.
The Philippine Chamber of Commerce and Industry (PCCI) is calling for concrete policy responses to the country’s energy and food security challenges, warning that mounting business costs, global economic volatility, and trade disruptions are putting pressure on local enterprises’ competitiveness.
The Bangko Sentral ng Pilipinas expects the country to spend significantly more dollars than it receives over the next two years, projecting a balance of payments deficit of $9.2 billion in 2026 and $8.5 billion in 2027.