Workers of the Department of Public Works and Highways put temporary asphalt on the potholes along Roxas Blvd. in Manila. — PHILIPPINE STAR/EDD GUMBANBy Aubrey Rose A. Inosante, ReporterTHE NATIONAL GOVERNMENT’S (NG) budget deficit narrowed in May as faster revenue collection offset a slowdown in
BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterTHE SECURITIES and Exchange Commission (SEC) is reducing the fees and charges for requests for corporate documents by 50% starting July 1, allowing for greater access to data and boosting investor protection.SEC Memorandum Circular No. 6 set lower
An employee holds US dollar bank notes at a money changer in Jakarta, Indonesia, April 9, 2025. — REUTERS/WILLY KURNIAWANBy Chloe Mari A. Hufana, ReporterTHE PHILIPPINES is expected to receive $100 million (P5.66 billion) less in remittances next year if US President Donald J. Trump’s
PEOPLE are seen using their mobile phones along Claro M. Recto Avenue in Divisoria, Manila, Dec. 27, 2022. — PHILIPPINE STAR/EDD GUMBANBy Revin Mikhael D. Ochave, ReporterTHE PUBLIC and private sectors must intensify efforts on financial literacy and financial technology (fintech) innovation to offer
ABOITIZPOWER.COMABOITIZ POWER CORP. (AboitizPower) has begun offering up to P30 billion in fixed-rate retail bonds, with proceeds intended to refinance existing obligations.In a regulatory filing on Thursday, the company said it had secured a permit to offer securities for sale from the Securities and Exchange
STOCK PHOTO | Image by Jcomp from FreepikPHILIPPINE financial institutions should consider leveraging artificial intelligence (AI)-powered tools to ramp up their cyber resilience as threats targeting online payments are on the rise, enterprise IT management software provider ManageEngine said.“I think the first thing that comes to
ACEN infuses P875M into unit for land acquisition - BusinessWorld Online ACENRENEWABLES.COMAYALA-LED ACEN Corp. is infusing P875 million into its subsidiary, Buendia Christiana Holdings Corp. (BCHC),
PHILSTAR FILE PHOTOTHE PHILIPPINE Health Insurance Corp. (PhilHealth) will undergo a “major revamp” to improve its efficiency and address operational challenges, the Governance Commission for Government-Owned or -Controlled Corporations (GCG) said.The GCG approved the restructuring of PhilHealth at its en banc meeting held on June
PHILIPPINE STAR/MIGUEL DE GUZMANLISTED media company ABS-CBN Corp. said it expects to return to profitability within 18 months, citing higher advertising revenue and contributions from its digital, film, and music operations.“I believe we are finally well-positioned for a turnaround this 2025. The advertising market is
The recent admission by President Ferdinand Marcos, Jr. that the K-to-12 program failed to deliver on its promises speaks volumes about a deeper problem in government programs and even in organizations. Launched in 2012 with the vision of improving the quality of education and making
THE International Labour Organization (ILO) launched a training initiative in the Philippines on Thursday to equip young construction workers with digital and green skills.The training program hopes to create more than 15,000 jobs for young construction workers, according to Khalid Hassan, ILO country director for
GLOBAL-ESTATE RESORTS, INC.MEGAWORLD CORP. subsidiary Global-Estate Resorts, Inc. (GERI) has allocated P5 billion to develop the 116-hectare Nascala Coast beachside township in Nasugbu, Batangas over the next five years.Set to become Megaworld’s 36th township, Nascala Coast will feature residential villages, beachside condominium clusters, commercial hubs,