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1861 articles from BusinessWorld
THE Bureau of Immigration (BI) on Monday said it arrested three foreign nationals in separate operations across Luzon and the Visayas for alleged immigration violations, including overstaying and unauthorized employment. The arrests were carried out on July 1 and 2 by operatives of the BI Intelligence Division and its Regional Intelligence Operations Units in Cainta, […]
Read more →THE GOVERNMENT Service Insurance System (GSIS) has expanded its funeral benefit for government workers and qualified pensioners to P50,000. The funeral benefit was increased from P30,000 previously and is effective for all claims arising from deaths occurring on or after July 13, the state pension fund said in a press release on Monday. “Every family […]
Read more →MALACAÑANG said Monday that the supplier responsible for delivering underweight rice bags in Mandaluyong City has admitted its error, leading the local government to blacklist the firm. The issue involved the government’s rice-giving activity in Mandaluyong City last week, where approximately 50 sacks out of 29,500 distributed were found to contain only eight kilograms of […]
Read more →COTABATO CITY — The Police Regional Office-Bangsamoro Autonomous Region (PRO-BAR) has mobilized more quick reaction teams to prevent a repeat of the three deadly ambush incidents in three barangays in this city within just two days. A motorcycle-riding police corporal survived an ambush, with only a superficial wound, in busy thoroughfare in this city on […]
Read more →PRESIDENT Ferdinand R. Marcos, Jr. proclaimed economic zones in Cavite and Batangas and a new information technology (IT) park in Negros Oriental, the Palace said on Monday. The proclamations designate additional land for existing industrial parks and formalized the creation of a new center for technology services, according to the Presidential Communications Office (PCO). In […]
Read more →THE Employers Confederation of the Philippines (ECoP) said it supports the expansion of benefit packages for members of the Philippine Health Insurance Corp. (PhilHealth). In a statement on Monday, the group urged PhilHealth to provide additional and differentiated benefits to direct contributors. It also asked the government health insurer to remove the 24-hour confinement rule […]
Read more →THE Social Security System (SSS) will launch an energy sustainability loan program for residential solar panel installation by the end of the year, with credit of up to P400,000 available to an initial 100,000 households. SSS President Robert Joseph M. de Claro said the proposed Energy Sustainability Loan will initially cover 100,000 households. The loan […]
Read more →THE Philippine Fisheries Development Authority (PFDA) said on Monday that nearly P190 million has been invested in two municipal fish ports in Davao del Sur that are due for completion next year. Agriculture Secretary Francisco P. Tiu Laurel, Jr. and PFDA Acting General Manager Glen A. Pangapalan inspected the ongoing projects in the municipalities of […]
Read more →THE Philippines’ active official development assistance (ODA) portfolio totaled $41.84 billion across 452 loans and grants at the end of 2025, with Japan remaining the largest development partner, the Department of Economy, Planning and Development (DEPDev) said. In its 2025 Annual Report, DEPDev said the active ODA portfolio consists of 95 project loans worth $31.7 […]
Read more →AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said he supports rebuilding the Department of Agriculture’s (DA) pool of extension workers to improve the collection of on-the-ground farm data, thereby improving the DA’s responsiveness to issues confronting farmers and fisherfolk. Mr. Laurel said deploying DA personnel would improve forecasting, and shorten response times should constituents report […]
Read more →Environmental groups, scientists, and community advocates called for stronger government action on climate change, biodiversity protection, and environmental governance ahead of President Ferdinand R. Marcos Jr.’s fourth State of the Nation Address (SONA), while expressing hope that greater public participation can help address the country’s ecological challenges. At the “Plundered, Not Poor: State of the […]
Read more →THE BANGKO SENTRAL ng Pilipinas (BSP) could extend its tightening cycle as the widening pass-through effects of energy shocks stemming from the Middle East war are expected to keep core inflation elevated, analysts said.
Read more →THE BOARD of Investments (BoI) has approved P461.84 billion worth of investments in the first half of 2026, mainly in renewable energy and real estate sectors.
Read more →FILIPINOS’ CONTRIBUTIONS in Personal Equity and Retirement Account (PERA) surged in the first half of the year as the number of enrollees increased nearly fivefold from last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. As of the end of June, accumulated PERA contributions soared by 45.3% to P757.554 million from the P521.363 […]
Read more →AYALA Healthcare Holdings, Inc. (AC Health), which operates hospitals and clinics under Healthway Medical Network (HMN), said it has several hospital acquisition targets in the pipeline and hopes to announce at least one deal within the year, while planning to open three to five clinics annually over the next three to five years. “For now, […]
Read more →MEGAWIDE Construction Corp. plans to expand its horizontal residential developments in Cavite and Bulacan, the listed engineering and construction company’s top official said. “Our subsidiary, we are focusing on socialized housing, affordable and horizontal housing (projects) such as the Southscapes. We will be launching more new projects in the southern part area like Cavite and […]
Read more →SHARES of Converge ICT Solutions, Inc. declined week on week amid concerns over its possible exclusion from the Philippine Stock Exchange index (PSEi), while weaker economic growth forecasts also weighed on market sentiment, analysts said.
Read more →POWER distributor Manila Electric Co. (Meralco) clarified on Sunday that customers with pending billing disputes will not have their electricity service disconnected while their cases are under review. “We would like to clarify that electricity service of Meralco customers with pending billing concerns will not be disconnected while their cases are under investigation,” Meralco Vice-President […]
Read more →WHILE the Designers’ Holiday Bazaar (DHB), mounted annually for more than 12 years now by Beatriz “Bea” Zobel, Jr., with her sister Sofia Zobel Elizalde, has been a fixture of the family’s Glorietta and Greenbelt malls in Makati base, this year’s edition is getting out and about with renditions in Quezon City and Davao. During […]
Read more →YIELDS on the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be auctioned off this week may be mixed amid renewed uncertainty over the Middle East conflict and hawkish signals from the Bangko Sentral ng Pilipinas (BSP). The Bureau of the Treasury (BTr) will offer P50 billion in T-bills on Monday, or P20 billion each […]
Read more →LUXURY residential project Ongpin Tower in Binondo has sold about 80% of its 226 residential units ahead of its scheduled turnover in the second quarter of 2027, according to developer Keen & Worth Property Developers, Inc. The 52-story residential development, which broke ground in 2022, is scheduled for completion and turnover in the second quarter […]
Read more →THE Department of Agriculture (DA) said it is confident of a solid performance by the agricultural sector in the second quarter, noting the strong prices realized by farmers for palay (unmilled rice). Citing initial reports from the Philippine Statistics Authority, Arnel V. De Mesa, DA spokesman and assistant secretary for Special Concerns and Official Development […]
Read more →THE CENTRAL BANK has mopped up over P1 trillion in excess money supply from the financial market through its monetary operations, the latest data showed. According to its Monetary Policy Report for June 2026, the Bangko Sentral ng Pilipinas’ (BSP) open market operations have absorbed a total of P1.3 trillion in liquidity from the financial […]
Read more →WITH THE GENTLY rolling Visayan Sea and a blue sky with a puffy assemblage of clouds as backdrop, vehicles of Toyota and, for the first time, Lexus, are proudly displayed on the fine white-sand beach fronting Kandaya Resort in Daanbantayan, Cebu.
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