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Maybank, ASEAN Foundation convene eYAA Cohort 6 to launch youth community projects
Seeking to address local employment gaps and climate vulnerability, Maybank, in partnership with the ASEAN Foundation, convened 110 youth volunteers and representatives from civil society organizations across Southeast Asia for the eMpowering Youths Across ASEAN (eYAA) Cohort 6 Regional Capacity Building Workshop, held at Chulalongkorn University from July 2 to 6. The five-day conference served […]
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Ready for the fair?
THIS YEAR’S MaArte Fair reclaims the word “carnival” and pays tribute to carnival queens. The theme, “Karnabal,” centers on the Manila Carnival that was held from 1908 to 1939. The Manila Carnival showed off Manila’s best, and even its best-looking women, crowning carnival queens every year (setting Filipinos on a path to present-day pageant fever). […]
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Substantial progress in housing, health agendas
As the Philippines advances toward upper-middle-income status, social development has taken center stage in national policy making, with the advancement of the Marcos administration’s Extended Pambansang Pabahay para sa Pilipino Program (Expanded 4PH) and the accelerated implementation of the Universal Health Care (UHC) Act. By pairing aggressive housing production with structural healthcare reforms, the government […]
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PHINMA Education to expand via satellite campuses
PHINMA Education Holdings, Inc. (PEHI) is pursuing satellite campuses in areas where it already has a presence while continuing to acquire schools in new markets as it expands access to higher education, its chairman said. PHINMA Corp. Chairman and Chief Executive Officer and PHINMA Education Chairman Ramon R. del Rosario, Jr. said the company recently […]
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Pork price increase to trigger MAV expansion
AGRICULTURE SECRETARY Francisco P. Tiu Laurel, Jr. said the Minimum Access Volume (MAV) Plus scheme for pork will only be adjusted by the Department of Agriculture (DA) if prices increase. Speaking on the sidelines of the Economic Journalists Association of the Philippines’ Food Security Forum, Mr. Laurel told reporters that the implementing rules and regulations […]
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Debt rates may end mixed
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be auctioned off this week may end mixed, with the worsening Iran war and its impact on oil prices stoking domestic inflation concerns. The Bureau of the Treasury (BTr) will auction off P50 billion in T-bills on Monday, or P20 each in 91- and […]
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Keepital selects six promising startups to bring to WOCEE 2026
Keepital Philippines will host a dedicated Startup Pavilion at the upcoming World of Consumer Electronics Expo (WOCEE) from Aug. 5 to 8 at the SMX Convention Center Manila. The WOCEE, the Philippines’ most significant gathering of technology companies, manufacturers, and industry decision-makers, returns with more than 33,200 expected visitors, over 110 exhibitors, and 15,000 square meters […]
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Feels like a million bucks
WHEN we think of bags that cost up to a million pesos, we think of bags from heritage European brands. So imagine our surprise at Rustan’s Makati on July 23, when a bag from Mele + Marie which cost that much turned out to be made right here in the Philippines, in Cebu.
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Peso may test new lows on oil price surge
THE PESO may continue to test new lows against the dollar this week, with inflation risks growing anew due to soaring global oil prices amid the conflict in the Middle East. On Friday, the currency sank by 9.7 centavos to a new all-time low of P61.847 versus the greenback from P61.75 on Thursday, which was […]
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SEC incorporates latest accounting, sustainability reporting standards into rules
THE Securities and Exchange Commission (SEC) has incorporated the latest Philippine Financial Reporting Standards (PFRS) and other financial reporting pronouncements into its financial reporting rules. SEC Memorandum Circular No. 22, Series of 2026, incorporates the latest PFRS, Philippine Interpretations Committee Questions and Answers (PIC Q&As), and related financial reporting pronouncements into the agency’s rules and […]
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Coco farmers skeptical of added PCA powers
THE Confederation of Coconut Farmers’ Organizations of the Philippines (CCFOP) said it doubts that the Philippine Coconut Authority’s (PCA) push for additional powers to set copra prices will benefit farmers. CCFOP Chairman and CEO Charles R. Avila said the PCA’s plans do not address the income disparities between farmers and buyers, noting that the proposed […]
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GS yields jump on inflation fears
YIELDS on government securities (GS) traded in the secondary market ended mostly higher last week as investors priced in heightened inflation risks from surging global oil prices and the peso’s slide to a fresh record low.
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BSP securities’ rate inches up
THE AVERAGE RATE of the Bangko Sentral ng Pilipinas’ (BSP) short-term securities was nearly unchanged for a second straight week, even as the offer attracted strong demand. Bids for the 28-day BSP bills reached P62.179 billion on Friday, higher than the P40 billion auctioned off but lower than the P70.69 billion in tenders for the […]
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Another record-high exports of coconuts expected this year
Coconut exports this year may surpass the $3.57 billion record high set in 2025 despite production being weighed down by the incoming El Niño weather event, an official of the Philippine Coconut Authority said.
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Ayala extends FTSE4Good Index Series inclusion for 12th straight year
Ayala Corp., the country’s oldest conglomerate, continues to cement its position as a leader in environmental, social and governance (ESG), maintaining its spot in the FTSE4Good Index Series for the 12th consecutive year.
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Central bank walks tightrope
The Bangko Sentral ng Pilipinas (BSP) entered 2026 with a hard-earned policy cushion: inflation had fallen below target, banks remained strong and monetary authorities had spent the previous year easing borrowing costs to help support demand.
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DA central platform consolidates farm data
The Department of Agriculture (DA) has launched a centralized digital platform designed to consolidate the nation’s farm data and streamline the release of government subsidies.
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Easecox donates P1.25 million to Laguna public schools
Easecox International Group Philippines has raised and donated P1.25 million to improve educational and hygiene facilities for over 600 public school students in Laguna. The funding was generated through the company’s annual Aroma Master Course, a charity-driven educational program where proceeds beyond operational costs are directed toward community development initiatives.
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Faster transition to stricter steel rebar standards urged
The Philippine Iron and Steel Institute (PISI) urged the Department of Trade and Industry to shorten the transition to mandatory implementation of stricter standards on deformed steel bars to ensure the safety of buildings in the country against earthquakes.
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Four months into energy emergency – now what?
What was expected to be just another day at the end of February became the beginning of a crisis that would ripple far beyond the Middle East.
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Government borrowings swell on global bond issue
The Marcos administration’s gross borrowings more than doubled in June, driven by higher domestic debt and a global bond sale, bringing the first-half total to P1.82 trillion, data from the Bureau of the Treasury (BTr) showed.
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Government infrastructure spending extends decline in May
Government infrastructure spending plunged by 35.3 percent in May as stricter vetting of payment claims and paperwork for contractors stalled disbursements, particularly for the Department of Public Works and Highways (DPWH), nearly a year after the flood-control corruption scandal erupted.
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Government scrambles to respond to looming El Niño
The country is once again facing another El Niño episode this year, this time hitting even more harder than the last, bringing little rains that would dry up fields and drain water reservoirs.
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