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Philippine consumers resilient amid slowdown, say top retailers

Philippine consumers resilient amid slowdown, say top retailers

Philippine consumers are proving more resilient than expected but remain cautious in how they spend, according to two of the country’s leading retailers, as slowing inflation and healthy remittances compensate for sluggish economic growth and...

Philippines still a lower middle-income country, according to World Bank

Philippines still a lower middle-income country, according to World Bank

THE PHILIPPINES is still classified as a lower middle-income country after just missing the threshold to achieve upper middle-income country (UMIC) status, according to the World Bank. The World Bank’s latest country income classification showed...

Filipino Human Rights Defenders, Int’l Faith Allies Convene In Rome For Pagtatanim

Filipino Human Rights Defenders, Int’l Faith Allies Convene In Rome For Pagtatanim

Thursday, 3 July 2025, 11:03 am Press Release: ICHRP Resolve to campaign for most vulnerable and oppressed communities in the Philippines July 2, 2025 On June 27 and 28, over 70 people of faith, members of the clergy, and human rights activists...

Philippines biodiversity hotspot pushes back as nickel mining threatens forests, Indigenous land

Philippines biodiversity hotspot pushes back as nickel mining threatens forests, Indigenous land

BROOKE'S POINT (Philippines), July 2 — A nickel stockpile towers over farmer Moharen Tambiling’s rice paddy in the Philippines’ Palawan, evidence of a mining boom that locals hope a new moratorium will tame. “They told us before the start of their...

Philippines still at ‘significant’ level in Political Risk Index

Philippines still at ‘significant’ level in Political Risk Index

Home Infographics Philippines still at ‘significant’ level in Political Risk Index July 3, 2025 | 12:00 am The Philippines’ overall rating improved to 58 (out of 100) but still retained a “significant” risk temperature level in the first half of...

Manila fire leaves 200 families homeless

Manila fire leaves 200 families homeless

THE fire that broke out in Barangay 439, Sampaloc, Manila, early Wednesday displaced 200 families, fire officials said. Victims of a fire in Manila on July 2, 2025 salvage what they can from what's left of their homes. The blaze, which reached the...

Filipino military pushes naval base upgrades, fearing Chinese spying

Filipino military pushes naval base upgrades, fearing Chinese spying

MANILA, Philippines — The Philippines is ramping up its maritime defense posture with plans to establish and upgrade several naval bases in critical areas across the archipelago, including an island base under a basing agreement with the United...

Philippine technology firm DigiPlus to launch Brazil iGaming platform in September

Philippine technology firm DigiPlus to launch Brazil iGaming platform in September

Philippines gaming technology supplier DigiPlus Interactive Corp said Wednesday it expects to go live with its Brazil iGaming operations in September. The offering will include an extensive line-up of livestreamed games, slots, table games and...

Filipinos can’t be silenced, Palace says after China bans Tolentino

Filipinos can’t be silenced, Palace says after China bans Tolentino

Malacañang on Wednesday said it respects China’s decision to bar former Senator Francis Tolentino from entering Chinese territories, but emphasized that no Filipino will be silenced in defending the Philippines’ sovereignty and maritime rights....

Philippines girds as 90-day pause on Trump tariffs nears termination

Philippines girds as 90-day pause on Trump tariffs nears termination

The Philippines is preparing for the potential economic ripple effects from ongoing negotiations on the United States’ tariff policies, with Malacañang assuring the public that the Marcos administration is taking proactive steps to protect...

Open payments platform SynerFi onboards eight rural banks

Open payments platform SynerFi onboards eight rural banks

OPEN PAYMENTS platform SynerFi has onboarded eight rural banks, allowing them to process transactions via InstaPay to expand the use of digital payments in underserved areas. Rizal Commercial Banking Corp. (RCBC) Executive Vice-President and Chief...

‘Genuine’ Filipinos won’t cower before China, says Malacañang

‘Genuine’ Filipinos won’t cower before China, says Malacañang

Claire Castro. Screengrab from RTVM/Facebook MANILA, Philippines — “Genuine” Filipinos will never be silenced by the Chinese government and their supporters in defending the country’s maritime rights, particularly in the West Philippine Sea,...

BDO Capital marks 25 years of supporting businesses, PH economy

BDO Capital marks 25 years of supporting businesses, PH economy

AS BDO Capital & Investment Corp. (BDO Capital) celebrates its 25th anniversary, its focus remains on driving business growth, generating employment and contributing to the country’s economic progress. From a small player to becoming a leading...

Some puppets in Philippines setting it on dangerous course

Some puppets in Philippines setting it on dangerous course

A view of China's Huangyan Island. [Photo/Xinhua] China's decision to sanction former Philippine senator Francis Tolentino for his egregious behavior on China-related issues should send an unmistakable message that any conduct that harms the...

The Philippine Catastrophe Insurance Facility: Building resilience in a vulnerable nation

The Philippine Catastrophe Insurance Facility: Building resilience in a vulnerable nation

THE Philippine archipelago stands at the unfortunate forefront of global vulnerability to natural disasters. Battered annually by at least 20 typhoons, prone to seismic activity due to its location on the Pacific “Ring of Fire” and susceptible to...

Del Monte Pacific’s US subsidiary files for bankruptcy, seeks buyers

Del Monte Pacific’s US subsidiary files for bankruptcy, seeks buyers

By Revin Mikhael D. Ochave, Reporter CAMPOS-LED Del Monte Pacific Ltd. (DMPL) said its United States subsidiary Del Monte Foods Holdings Ltd. (DMFHL) has filed for Chapter 11 bankruptcy and is seeking buyers for its assets. DMFHL and certain...

Anker announces voluntary recall of some power bank models sold in PHL

Anker announces voluntary recall of some power bank models sold in PHL

ANKER INNOVATIONS has initiated a global voluntary recall of some of its power banks, including models sold in the Philippines. This comes after the company identified a potential issue with lithium-ion battery cells sourced from a third‑party...

New bill seeks political dynasty ban

New bill seeks political dynasty ban

(UPDATE) THE Makabayan bloc in the House of Representatives has filed a measure that seeks to ban political dynasties. The proposed Anti-Political Dynasty Act aims to prevent family members from holding or running for national and local positions...

Three pillars of central banking: Why they matter to you

Three pillars of central banking: Why they matter to you

Behind stable prices, strong and stable banks, and fast and safe payments is a central bank doing its job well. These pillars empower people and businesses to earn, save, invest, and plan for the future. Pillar 1: Price stability—Managing...

Top 12 Philippine projects driving property values

Top 12 Philippine projects driving property values

The country’s first underground rail system, spanning 33 kilometers with 17 stations, is designed to serve approximately 370,000 passengers daily. Estimated to cost Php488 billion ($8.65 billion), the Manila sub is expected to be completed by...

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