Vietnam targeting 8.3%-8.5% GDP growth this year, PM says
HANOI — The Vietnamese government will aim to raise its gross domestic product (GDP) by 8.3% to 8.5% for this year, Prime Minister (PM)...
UNRWA says one in 10 children in its Gaza clinics are malnourished
GENEVA — One in 10 children screened in clinics run by the United Nations refugee agency in Gaza since 2024 has been malnourished, the...
Cash remittances up 2.9% in May
MONEY SENT HOME by overseas Filipino workers (OFWs) rose by an annual 2.9% in May, although the monthly haul was the lowest in 12 months, data from the Bangko Sentral ng Pilipinas (BSP) showed.
World Bank says job reforms to drive PHL growth to nearly 7%
REFORMS to enhance job creation and quality could propel Philippine economic growth to close to 7% and transform it into a middle-class economy by...
Marcos greenlights record P6.8-T 2026 budget
PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday approved the proposed P6.793-trillion national budget for 2026 that the Executive branch will submit to Congress later this month.
CA orders ERC to act on SMGP’s price adjustment plea
THE COURT OF APPEALS (CA) has directed the Energy Regulatory Commission (ERC) to act on the request for price adjustments filed by San Miguel...
From art to fashion to film: Ortigas Art Fest has it all at GH...
THE Ortigas Art Festival (OAF) is back to bring art to a wider audience, mounting its exhibits for the first time in GH Mall,...
MPTC eyes September start for Vietnam expressway expansion
METRO PACIFIC Tollways Corp. (MPTC), through CII Bridges and Roads Investments Joint Stock Co. (CII), is targeting to begin the expansion of the nearly...
France’s Bayeux Tapestry to return to Britain after 900 years
LONDON — France will lend Britain the Bayeux Tapestry, allowing the 11th century masterpiece to come back across the Channel for the first time...
Filinvest gets PSE approval for P8-B preferred share offer
GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) has secured approval from the Philippine Stock Exchange, Inc. (PSE) for its planned P8-billion preferred share offering.
The PSE...
OFW Remittances: Foolproof engine of growth
By Bernardo M. Villegas
If we factor into the total overseas Filipino workers (OFW) remittances what the returning workers bring with them in actual foreign exchange (and not to mention the goods in kind called pasalubong), it is estimated that total annual flow is already more than $40 billion, 10% of GDP.
Elmo’s X account gets hacked, posts antisemitic and racist messages
WASHINGTON — Hackers broke into the X account of Sesame Street character Elmo and posted antisemitic and racist messages, the makers of the children’s...