OFW Today

SPNEC moves to change name to MGEN Renewable Energy thumbnail
OFW Today

SPNEC moves to change name to MGEN Renewable Energy

LISTED solar developer SP New Energy Corp. (SPNEC) is seeking approval to change its corporate name to MGEN Renewable Energy Holdings, Inc., as...

Philippine economy likely to expand by 5.3% in 2026 — AMRO thumbnail
OFW Today

Philippine economy likely to expand by 5.3% in 2026 — AMRO

By Aubrey Rose A. Inosante, Reporter THE Philippine economy is likely to grow by 5.3% this year, driven by robust domestic demand, although...

Puregold CinePanalo and FDCP partner to open global opportunities for Filipino filmmakers thumbnail
OFW Today

Puregold CinePanalo and FDCP partner to open global opportunities for Filipino filmmakers

The prestigious Puregold CinePanalo Film Festival, now in its third year, has become a platform that opens meaningful opportunities for Filipino filmmakers. This...

Gov’t raises $2.75B from dollar bonds thumbnail
OFW Today

Gov’t raises $2.75B from dollar bonds

By Aaron Michael C. Sy, Reporter THE PHILIPPINE government has raised $2.75 billion (about P163 billion) worth of dollar bonds, as it returned...

CPBRD says slashing VAT rate to 10% is ‘advisable’ despite revenue loss concerns thumbnail
OFW Today

CPBRD says slashing VAT rate to 10% is ‘advisable’ despite revenue loss concerns

By Kenneth Christiane L. Basilio, Reporter LOWERING the value-added tax (VAT) rate to 10% from 12% is fiscally viable despite projected revenue losses,...

Wholesale price growth of NCR building materials steady in December thumbnail
OFW Today

Wholesale price growth of NCR building materials steady in December

Price growth of bulk construction materials in the National Capital Region (NCR) steadied in December, the Philippine Statistics Authority (PSA) reported on Thursday....

Philippines unveils ‘big bold reforms’ to shore up investor confidence thumbnail
OFW Today

Philippines unveils ‘big bold reforms’ to shore up investor confidence

By Aubrey Rose A. Inosante, Reporter The Philippine government on Friday pledged “big bold reforms” that are aimed at restoring investor trust as...

PHL orders Grok AI ban thumbnail
OFW Today

PHL orders Grok AI ban

The Philippines has ordered the ban of Grok, the generative artificial intelligence (AI) chatbot developed by X.AI Corp. (xAI), owned by Elon Musk...

PHIVOLCS warns of possible Kanlaon lahars amid Storm Ada thumbnail
OFW Today

PHIVOLCS warns of possible Kanlaon lahars amid Storm Ada

Several communities near Kanlaon Volcano in Negros Island are advised to prepare for possible lahars due to heavy rainfall from Tropical Storm Nokaen,...

Globe brings Starlink direct-to-cell technology in PHL thumbnail
OFW Today

Globe brings Starlink direct-to-cell technology in PHL

GLOBE TELECOM, Inc. has partnered with Elon Musk’s Starlink to bring its direct-to-cell satellite services in the Philippines, making the country the first...