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Philippine retail giants ShopSM, Penshoppe, and Bench have been recognized among Asia's Top 100 Retailers, a list measuring consumer trust. This highlights the regional strength of Filipino brands.
Meralco PowerGen Corp. (MGEN) and PLDT's VITRO REIT Inc. have signed an MOU to explore a joint venture for developing renewable energy-powered data centers. This move is a significant step towards meeting the growing demand for digital infrastructure and attracting AI investments in the Philippines.
A tropical cyclone has been observed east of the Philippine Area of Responsibility (PAR), according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The storm is not currently forecast to enter PAR, suggesting a limited direct impact on the country's weather.
Twenty-five years after the Electric Power Industry Reform Act (EPIRA) of 2001, a significant disparity in blackout duration (SAIDI) has emerged between urban distribution utilities (DUs) and rural electric cooperatives (ECs). The underdevelopment of infrastructure and operational inefficiencies within rural ECs are highlighted as key challenges.
China Bank Savings (CBS) is strengthening its support for Filipino educators nationwide through financial wellness initiatives, coinciding with the country's National Teachers' Month. Approximately 1,200 education personnel have benefited from financial literacy sessions, with a raffle featuring significant prizes to be held on National Teachers' Day on Oct. 5.
The Philippine stock market hit a 10-month low as investor sentiment soured following the central bank's warning of potential inflation reaching up to 7.4% in September. All sectors declined, casting a shadow over overall market sentiment.
Philippine media giant ABS-CBN has received shareholder approval for a P6 billion placement from the Lopez family and a new investor. This will increase the company's authorized shares and board seats, with new investor I&C Holdings Corp. injecting P3.5 billion and Lopez family entities contributing P2.5 billion.
The Philippines' national government debt reached a new record high of P19.61 trillion by the end of August, driven by new borrowings and a weaker peso that increased both domestic and foreign obligations. This marks a 12.2% increase from the previous year.
Construction of major drainage, sewage, and flood mitigation facilities at the Philippine General Hospital (PGH) is accelerating under the Department of Public Works and Highways (DPWH). Project progress has surged to nearly 30 percent in just three months, from a stagnant two percent.
The Philippines' trade deficit narrowed to its lowest level in 15 months in August, as exports outpaced imports, driven by a record surge in electronics shipments.
The Bangko Sentral ng Pilipinas (BSP) projects that inflation in September could reach 7.4 percent, potentially the fastest pace in three and a half years. Adverse weather conditions have driven up food prices, compounded by rising fuel costs and a weakening peso.
A magnitude 4.8 earthquake struck Occidental Mindoro yesterday morning, while another quake of magnitude 4.7 was recorded in Isabela. No damage has been reported from either event.
Air quality in Metro Manila has deteriorated due to the impact of forest fires in Indonesia, data from the Department of Environment and Natural Resources revealed. Concerns are rising over increased PM2.5 levels.
The Philippines is launching a campaign to promote its premium Kinampay ube from Bohol to Japanese consumers, with the Philippine Embassy in Tokyo seeing strong potential for the purple yam to become the next major agricultural export, following the success of fruits like bananas and mangoes.
A Muslim preacher was killed and another wounded in an attack by unidentified motorcycle-riding men in Nabalawag, Cotabato. The motive for the attack remains undetermined as authorities investigate.
President Marcos has approved the expansion of an economic zone in Noveleta, Cavite, allocating new land parcels to encourage business activities and boost the local economy.
Naga City will proceed with its plebiscite on becoming a highly urbanized city on November 21, despite the postponement of the Barangay and Sangguniang Kabataan Elections (BSKE). City officials are prepared to cover the additional costs.
Century Properties Group Inc. (CPG) has secured SEC approval for its merger with PHirst Park Homes Inc., with CPG as the surviving entity. The consolidation aims to streamline operations, enhance resource allocation, and create a simpler, more agile listed firm.
The Presidential Communications Office (PCO) warned that state broadcaster IBC-13 risks going off the air starting January 1 next year without government subsidies. Urgent financial support is needed during its transition period towards privatization.
All students and personnel of Isulan National High School in Sultan Kudarat were safe with no injuries reported following an incident that caused panic. Police are assessing the situation.
Metro Manila and seven other areas in Luzon may experience heavy rains, lightning, and gusty winds on Wednesday afternoon, September 30, due to localized thunderstorms, the state weather bureau said. Residents are advised to exercise caution.
The Philippine Supreme Court has ordered the government to submit its comment on a petition seeking to declare unconstitutional a law postponing the synchronized barangay and Sangguniang Kabataan (SK) elections. The plea aims to prevent the deferment of the polls.
The Philippine Supreme Court has dismissed two petitions challenging the Senate Impeachment Court's adjustment to the constitutional two-thirds voting threshold for convicting a Vice President, upholding the impeachment court's ruling.
A bill establishing a national geriatric center in the Philippines has moved closer to enactment after being ratified by the Bicameral Conference Committee, a step towards fulfilling a promise made during a necrological service.
Tarlac Representative Noel Rivera has been suspended from public office for 90 days by the Sandiganbayan anti-graft court due to a graft case involving alleged ties to a construction company that secured contracts with the Department of Public Works and Highways (DPWH). The ruling prohibits him from holding public office.
The Philippine Daily Inquirer has secured multiple finalist nominations in the 48th Catholic Mass Media Awards (CMMA). Its articles were recognized for centering people's experiences under this year's theme, "Preserving Human Voices and Faces."
The Philippine Coast Guard, Armed Forces, and National Police began a three-day joint exercise in Manila, simulating a major earthquake to test coordination in search and rescue, retrieval, and emergency medical support.
The Bangko Sentral ng Pilipinas (BSP) is urging the public to be vigilant against counterfeit currency, especially during the 'ber' months when cash transactions typically surge. A recent incident in Dagupan City involved a fake P1,000 bill, prompting the BSP to re-emphasize the 'Feel, Look, Tilt' method for verifying banknotes.
The Philippine Supreme Court ruled that an heir's waiver of rights to inherited property in favor of another can be considered a lawful donation if it meets legal requirements, potentially increasing flexibility in inheritance procedures.
Malacañang on Wednesday urged former Speaker Lord Allan Velasco, who has been abroad since August, to clear his name following allegations of cash deliveries to members of the Duterte family.
The Department of Environment and Natural Resources reported that air quality in parts of Metro Manila reached 'very unhealthy' levels, attributed to transboundary haze likely from fires in Kalimantan, Indonesia, causing elevated PM2.5 concentrations.
Operations at the Hall of Justice in Olongapo City were temporarily suspended on Wednesday following a bomb threat. Police bomb disposal units responded, evacuating employees and securing the premises while investigations are underway.
Philippine Interior and Local Government Secretary Juanito Victor "Jonvic" Remulla has vowed to apprehend members of the criminal group True Brown Style (TBS) for recruiting minors through robbery initiations, stating authorities are actively gathering intelligence.
First Lady Liza Araneta-Marcos humorously urged the president of a transport workers' group to refrain from future strikes during a rice distribution event for affected workers, a day after the group held a nationwide strike, hinting at ongoing tensions between the government and the transport sector.
Eleven passengers were injured when a jeepney overturned in Santa Maria town, Romblon, Philippines. All injured individuals received immediate medical attention. Police are investigating the cause of the accident.
Mynt, the parent company of Philippine mobile payment giant GCash, is reportedly considering an Initial Public Offering (IPO). This move signals significant growth in the Philippine fintech sector and potential economic implications for the nation.