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1846 articles from BusinessWorld
THE Senate’s trust and satisfaction ratings declined in the second quarter, while the House of Representatives saw its ratings climbed, an OCTA Research survey showed. The second-quarter nationwide survey, conducted from July 4-11, found national trust in the Senate slipped to 41% from 44% in the first quarter; while public satisfaction with its performance declined […]
Read more →MALACAÑANG said a proposed increase in the motor vehicle users’ charge (MVUC) will have to be weighed against President Ferdinand R. Marcos, Jr.’s push to ease the tax burden on the middle class and small businesses. Data from the Department of Finance (DoF) showed that the Promoting Growth, Revenue, and Equity towards Socio-Economic Sustainability (ProGRESS) […]
Read more →PRESIDENT Ferdinand R. Marcos, Jr. has ordered concerned government agencies to extend assistance to the families of two Filipino seafarers who died in a security incident in the Strait of Hormuz. Palace Press Officer Clarissa A. Castro on Thursday said the two seafarers were from Cabuyao, Laguna and Daanbantayan, Cebu. “The President and the administration […]
Read more →THE Supreme Court (SC) on Thursday assured this year’s Bar examinees that it has taken steps to ensure the integrity and orderly conduct of the examinations, which begins on Sunday. Associate Justice Samuel H. Gaerlan, chairperson of the 2026 Bar Examinations, said the Court had prepared and dedicated itself to ensuring that the exams would […]
Read more →THE Senate Finance Committee on Thursday approved the Commission on Audit’s (CoA) and the Office of the Ombudsman’s proposed budget for next year. Senator Emmanuel Joel J. Villanueva backed the CoA’s proposed P16.04-billion budget, noting that he is open to supporting the agency if it seeks an additional budget to address the challenges they’re facing […]
Read more →THE Department of Justice (DoJ) said that the Tacloban City Prosecutor’s Office has ordered the filing of four counts of frustrated murder and six counts of attempted murder against a 15-year-old child in conflict with the law (CICL) over the June 22 shooting at San Jose National High School. Justice Undersecretary Ian Norman E. Dato […]
Read more →THE Office of the Ombudsman has filed graft and bribery charges before the Sandiganbayan and dismissed former Bureau of Fire Protection (BFP) Director Jesus P. Fernandez from government service over the procurement of 132 ambulances worth P485.6 million. Mr. Fernandez was charged with two counts each of indirect bribery and violation of the Anti-Graft and […]
Read more →SAN FERNANDO CITY, Pampanga — Widespread flooding and other weather-related incidents have affected more than 4.24 million people in Central Luzon, with 582 incidents recorded as of Sept. 3, the Office of Civil Defense (OCD) Central Luzon reported. OCD-Central Luzon Officer-in-Charge Shelby A. Ruiz said flooding hit 542 barangays in Bataan, Bulacan, Nueva Ecija, Pampanga, […]
Read more →PHILIPPINE STOCKS climbed on Thursday amid bargain hunting and the peso’s slight rebound against the greenback, with investors taking positions before the release of August inflation data. The Philippine Stock Exchange index rose by 0.27% or 16.19 points to close at 6,069.42, while the broader all shares index went up by 0.51% or 17.20 points […]
Read more →THE Department of Transportation (DoTr) said it is optimistic about completing the 30 flagship projects that it will receive funding for under the proposed 2027 National Expenditure Program (NEP). In the 2027 NEP, the DoTr was allocated P300.96 billion, Acting Transportation Secretary Giovanni Z. Lopez told the House appropriations committee on Thursday. The NEP total […]
Read more →THE PHILIPPINES needs to build credibility with foreign investors’ reforms by bringing down the cost of doing business and pursuing legal reforms at the constitutional level, a senior lawyer said.
Read more →THE Department of Energy (DoE) said it is ready to tap multilateral banks again to de-risk further geothermal power development , which it estimated would require about P60 billion to unlock 2,000 megawatts (MW) of potential capacity. Energy Secretary Sharon S. Garin added that the DoE is open to initiating fresh talks with the Asian […]
Read more →AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said he expects the Department of Agriculture (DA) to start building farm-to-market roads (FMRs) next month, after the DA took over the program from the Department of Public Works and Highways. Speaking on the sidelines of the DA budget hearing at the House of Representatives, Mr. Laurel told […]
Read more →THE Makati Business Club (MBC) said legislators need to pass reforms to make it easier to do business to help restore public confidence in the government. “What needs to be done is to bring back the confidence of the public in government,” MBC Chairman Edgar O. Chua told reporters on the sidelines of an event […]
Read more →THE Department of Energy (DoE) is hoping to resolve the persistent grid alerts experienced in the Visayas and Mindanao before the end of the year, adding that it plans to deploy power barges and battery energy storage systems. “The barges will be coming in,” Energy Secretary Sharon S. Garin said on the sidelines of an […]
Read more →By Ditas B Lopez, Bloomberg The Philippines is rethinking a plan to sell five-year jumbo bonds later this month as a falling peso and rising interest rates make borrowings more expensive. “We are reassessing the plan to ensure that our borrowing strategy remains responsive to evolving market conditions,” National Treasurer Sharon Almanza said Thursday in […]
Read more →Four tropical cyclone-like vortices (TCLVs) are likely to form until next week, one of which may intensify into a tropical cyclone, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). In a tropical cyclone threat potential (TCLV) released Thursday, tropical storms Korvanh, formerly locally known as Pilandok, and Saudel, formerly Obet, will continue […]
Read more →Tropical Storm Krovanh, locally called Pilandok, has exited the Philippine Area of Responsibility (PAR), while the southwest monsoon continues to bring heavy rainfall in parts of Luzon, posing a risk of flooding, according to the state weather bureau on Thursday. Krovanh exited PAR at 4:30 a.m. and was last located 1,085 kilometres Northeast of Extreme […]
Read more →For many Filipino families, getting sick is more than a health concern — it is a financial emergency. Despite universal enrolment in PhilHealth and the growing availability of health maintenance organizations (HMOs), medical expenses continue to place immense pressure on household budgets. A single hospitalization can wipe out months, or even years, of hard-earned savings. […]
Read more →Along Nicanor Reyes Street, the Art Deco buildings of Far Eastern University (FEU) have stood through decades of change in Manila. Their geometric façades and sweeping lines form one of the most recognizable campuses in the University Belt, serving not only as classrooms and offices but also as enduring landmarks in the city’s architectural landscape. […]
Read more →A camera trap has captured the first confirmed photograph of the critically endangered Mindoro bleeding-heart (Gallicolumba platenae) in two decades, providing new evidence that the rare Philippine bird continues to survive in Mindoro’s forests. The photograph was taken in August 2026 as part of a conservation survey by the Center for Conservation Innovation Ph Inc. […]
Read more →THE PESO sank to a new record low against the US dollar on Wednesday, extending its decline for a fourth straight trading day as broadening price pressures from the renewed Middle East conflict weighed on the currency and raised the risk of a breach of the P63 level.
Read more →THE Bureau of Internal Revenue (BIR) is preparing a Revenue Memorandum Circular (RMC) that will remove the value-added tax (VAT) on the allowable system loss charge in electricity bills.
Read more →THE PESO will likely hover around the P62-a-dollar handle until yearend as global headwinds and the country’s persistent trade deficit continue to weigh on the local currency, MUFG Global Markets Research said.
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