Asia

DA says crop damage initially estimated at P134.7 million thumbnail
Philippine Courier

DA says crop damage initially estimated at P134.7 million

THE Department of Agriculture (DA) said preliminary crop damage estimates totaled P134.7 million following heavy rains generated by tropical storm Crising and the...

PAGCOR driving upside surprise in GOCC dividends, Recto says thumbnail
Philippine Courier

PAGCOR driving upside surprise in GOCC dividends, Recto says

GOVERNMENT-OWNED or -controlled corporations’ (GOCCs) dividends will be stronger than expected this year, with the gaming industry regulator largely responsible for the upside,...

NG debt service bill soars in April thumbnail
OFW Today

NG debt service bill soars in April

THE NATIONAL Government’s (NG) debt service bill sharply increased year on year in April as amortization payments more than doubled, the Bureau of...

Ban on e&gaming could result in job losses, attract underground operators — consultant thumbnail
Philippine Courier

Ban on e&gaming could result in job losses, attract underground operators — consultant

THE proposed online gaming ban could result in job losses, the proliferation of underground gaming operations, and a decline in government revenue, a...

Assets of Philippines’ largest banks expand by 9.5% in 1st quarter thumbnail
OFW Today

Assets of Philippines’ largest banks expand by 9.5% in 1st quarter

THE COMBINED ASSETS of the Philippines’ largest banks grew by nearly 10% in the first quarter compared with a year earlier, driven by...

Biodiesel blend changes suspended amid high global prices of coco oil thumbnail
Philippine Courier

Biodiesel blend changes suspended amid high global prices of coco oil

THE Department of Energy (DoE) said it suspended the planned increase in the coco methyl ester (CME) component of biodiesel, citing the potential...

Below&target inflation supports case for another rate cut, analysts say thumbnail
OFW Today

Below&target inflation supports case for another rate cut, analysts say

THE BANGKO SENTRAL ng Pilipinas (BSP) will be able to further reduce interest rates amid below-target inflation and weak economic growth, analysts said....

Groundwork for growth: Villar Land’s strategic landbank play  thumbnail
OFW Today

Groundwork for growth: Villar Land’s strategic landbank play 

As the Chinese proverb says, “The best time to plant a tree was twenty years ago. The second best time is now.” That...

British Columbia Investment buys stake in KKR’s Pinnacle Towers thumbnail
OFW Today

British Columbia Investment buys stake in KKR’s Pinnacle Towers

SINGAPORE – Global investment firm KKR said on Monday that British Columbia Investment Management Corp (BCI) will acquire a minority stake in Pinnacle...

Globe provides laptops to Bohol barangays; assists LGU resolve local disputes thumbnail
OFW Today

Globe provides laptops to Bohol barangays; assists LGU resolve local disputes

In support of digital inclusion and grassroots empowerment, Globe donated ten refurbished laptops to several barangays in Bohol to start off their digitalization...