THE BANGKO Sentral ng Pilipinas’ (BSP) short-term securities fetched a higher average rate for the third straight week despite sustained investor demand. Bids for the 28-day BSP bills amounted to ...
PLAINTIFFS challenging unprogrammed appropriations told the Supreme Court (SC) that the budget mechanism allows billions of pesos to move outside constitutional guardrails, weakening fiscal discipline ...
Agentic AI is now 10x faster and a fraction of the cost of human labor. A billing model built around hours of human time is no longer just inefficient — it is structurally incompatible with the ...
MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...
THE Anti-Red Tape Authority (ARTA) said data centers will play a crucial role in supporting improvements to government services as well as the growth of the digital economy. “We recognize that our ...
ALMOST 7 out of 10 Filipino employees place stability and work-life balance at the forefront when choosing where to work, urging employers to offer flexible working options such as working from home, ...
THE PHILIPPINES’ agricultural sector posted slower growth of 2.9% in the second quarter, down from 6% a year earlier, despite improved output across all subsectors, the Philippine Statistics Authority ...
My take on the development experience of nations is that all progress boils down to investment — specifically on the share of income that the nation sets aside for investment or what is called the ...
YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured approval from the Department of Energy (DoE) to begin permit processing for a proposed ground-mounted solar power project in Capiz province ...
Photo shows US dollar bills and Philippine peso coins as the Philippine peso remains under pressure. — PHILIPPINE STAR/RYAN BALDEMOR The Philippine peso closed at P61.75 against the US dollar on ...
PHILIPPINE EXPORT RECEIPTS of semiconductor and electronic products are expected to rise to a record $50 billion this year despite global trade uncertainties and an ongoing conflict in the Middle East ...
The Philippines placed 146th out of 171 countries in the Global Food Security Index Q2 2022 developed by consultancy agency Deep Knowledge Analytics. The index was constructed from 40 food security ...