President Ferdinand R. Marcos, Jr. asked the Armed Forces of the Philippines to prepare as the country faces growing risks arising from Chinese aggression in the Taiwan Strait.  “The external threat now has become more worrisome. And that is why we have to prepare (for

THE TOTAL RESOURCES of the Philippine financial system grew to P31.531 trillion as of end-April, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.Resources of banks and nonbank financial institutions rose by 9.9% from P28.7 trillion in the same period a year ago.Meanwhile, month

1 of 7BLACKPINK’s Lisa announces solo comebackLISA (full name: Lalisa Manobal), one of the members of the iconic K-pop girl group BLACKPINK, has uploaded a content clip through her official TikTok account teasing her upcoming solo work. The new song, used as background music in

By Ashley Erika O. Jose, ReporterMPT Mobility Corp., the innovation arm of Metro Pacific tollways Corp. (MPTC), said its proposal to implement a “congestion fee” in Baguio City is currently being negotiated.“MPTC, the project proponent, is still currently undergoing negotiations with the city,” Mark Richmund

There are two good economic developments in the Philippines recently. Let’s go straight to the numbers.DECLINING DEFICIT AND BORROWINGSIn the first four months of 2024, revenues reached P1.47 trillion, 17% higher than P1.26 trillion a year earlier. This is significant for two reasons. One, a

THE OFFICE SPACE vacancy rate in Metro Manila is now projected to drop to 5.7% by 2027, driven by the growth of the information technology and business process management (IT-BPM) sector, according to real estate services and investment firm CBRE. This revised estimate is slightly higher

AIA PHILIPPINES Life and General Insurance Co., Inc. is looking at offering takaful insurance in the country, an official said, although it will continue to prioritize health-related products, with the insurer also considering rolling out retirement plans.“In the Philippines, we’re evaluating whether or not that’s

The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERSPHILIPPINE SHARES could move sideways this week on expectations of bargain hunting as investors look ahead to the Bangko Sentral ng Pilipinas’ (BSP) next policy review and with the peso’s continued

THE Department of Energy (DoE) said funding to make ports ready for the offshore wind industry needs to be budgeted for in the 2025 spending plan to enable power generation by 2028.“The critical year here is that by 2025, funding should be included in the