Billionaires 4,000 times more likely to hold political office, says Oxfam report

Billionaires, whose wealth saw record growth in 2025, are 4,000 times more likely to hold political office than ordinary citizens, according to a global...

Rice output ‘disappointing’ even after surpassing DA’s downgraded 2025 target

PHILIPPINE production of palay (unmilled rice) rose 3.01% to 19.68 million metric tons (MMT) in 2025, recovering from the previous year’s decline but below...

More drilling results pending from Malampaya

INITIAL RESULTS from two Malampaya gas drilling programs are expected within the quarter, the Department of Energy (DoE) said in a statement on Tuesday. It...

PEZA says prospective investors shrugging off corruption concerns

THE Philippine Economic Zone Authority (PEZA) said potential investors have not yet let the infrastructure corruption scandal affect their plans, adding that it still...

BoI approves Isabela, Pangasinan solar projects

THE Board of Investments (BoI) said it approved the registration of two renewable energy (RE) projects worth a combined P2 billion in Isabela and...

GOCCs ordered to prepare 2027 budget proposals 

THE Department of Budget and Management (DBM) ordered state-run firms to start preparing their budget proposals for 2027. Acting Budget Secretary Roland U. Toledo issued...

First yellow alert of 2026 raised over Visayas grid

THE Visayas grid was placed on yellow alert on Tuesday, the first such alert this year, following forced outages at several power plants, according...

Two proposals accepted for Cebu BRT consultancy

THE Department of Transportation (DoTr) said it received two valid proposals for the technical consultancy contract for the Cebu Bus Rapid Transit (BRT) project.  The...

Trade dep’t encouraging retailers to list on PSE

THE Department of Trade and Industry (DTI) said it is encouraging retailers to list on the Philippine Stock Exchange (PSE) to raise funds for...

Special safeguard measures sought on onion, deboned chicken, meat imports

THE Department of Agriculture (DA) said it will seek special safeguard (SSG) measures on several imported agricultural products like onion, deboned chicken, and meat...

BYD premium brand DENZA launching in PHL this quarter

BYD Group’s premium DENZA brand said it is set to enter the Philippine market this quarter with its initial offerings to be revealed soon. “DENZA’s...

Planning starts for ASEAN energy cooperation — DoE

THE Department of Energy (DoE) said Southeast Asian energy officials are set to start setting priorities for regional energy collaboration. As the 2026 chairman of...