ADB to extend $15 billion in assistance to PHL for 2026-2028

THE Asian Development Bank (ADB) expects to extend around $15 billion in assistance to the Philippines over the next three years. “Our annual assistance including...

Marcos seeks charges vs 8 lawmakers in flood-control scandal

President Ferdinand R. Marcos, Jr. said the government would endorse to the Office of the Ombudsman plunder, graft, bribery and conflict-of-interest charges against eight...

BDO raises $500 million from offshore bond offer

BDO UNIBANK, Inc. has raised $500 million from its sale of five-year dollar-denominated bonds that marked its return to the offshore debt market after...

More assets of officials linked to flood control mess frozen

ASSETS worth billions that belong to public officials behind the flood control scandal have been frozen as the Court of Appeals issued two new...

Camp of ex-Rep. Zaldy Co attempted to blackmail gov’t, Marcos says

President Ferdinand R. Marcos, Jr. on Wednesday accused the camp of former lawmaker Elizaldy S. Co of attempting to blackmail the government to stop...

Marcos to dissolve investment affairs office

Philippine President Ferdinand R. Marcos, Jr. will dissolve the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) following...

Denmark’s CIP readies P30.5-billion wind project in Nueva Ecija

Denmark’s Copenhagen Infrastructure Partners (CIP) is planning to develop a 300-megawatt (MW) onshore wind farm in Nueva Ecija at an estimated cost of P30.5...

Dismissed Bamban Mayor convicted for POGO-linked human trafficking

A Pasig court on Thursday convicted dismissed Bamban, Tarlac Mayor Guo Hua Ping, also known as Alice Leal Guo, sentencing her and three others,...

Google Pay now available in the Philippines

Visa, in collaboration with FinTech Alliance.ph and Google, on Tuesday officially launched Google Wallet and Google Pay in the Philippines. In a statement, Visa said...

Marcos accepts resignation of Pangandaman, Bersamin

President Ferdinand R. Marcos, Jr. has accepted the resignations of Executive Secretary Lucas P. Bersamin and Budget Secretary Amenah F. Pangandaman, Malacañang said on...

Philippine auto sales flat in October as passenger car sales slide

Philippine automotive sales were flat year on year in October amid a decline in demand for passenger cars, an industry report showed. A joint report...

Philippines cash remittances up 3.7% in September to $3.1 billion

MANILA - Cash remittances rose 3.7% to $3.1 billion in September from a year ago, the Philippine central bank said on Monday. The figure brought...