Recent Posts

Caltex powers long drives

Motorists are hitting the roads for long-distance trips to meet with their loved ones or enjoy a much-deserved vacation this Christmas. It is important to prepare thoroughly for your long-distance road trips so everyone onboard can drive further. Here are some tips you can use with the help of Caltex’s high-quality fuel products.  Plan your route – A smooth trip …

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Hatasu kickstarts Holiwheels Christmas Caravan

HATASU, in partnership with their partner dealer stores — Emcor, GM Cycle, Greentelcom, Home Along, Kservico, and Motoxchange – will set the  Hatasu Holiwheels Christmas Caravan throughout December and January with the caravan kicking off with its first two stops in Goa, Bicol (Dec. 17-19) and Subic, Pampanga (Dec. 17-19.) If you’re considering an ebike for your daily commute, the …

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DTI ramps up rice price monitoring efforts

The Department of Trade and Industry (DTI) has intensified its nationwide monitoring of rice prices to ensure that regular and well-milled rice remains affordable for Filipino families, priced between P40 and P45 per kilogram. In a statement released on Thursday, DTI Secretary Cristina Roque emphasized the significance of rice as a staple food for Filipino households. “We will not tolerate …

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Gov’t to cut down on foreign borrowings

The government is looking to reduce its foreign borrowings to minimize exposure to foreign exchange risks, according to Department of Finance (DOF) Secretary Ralph Recto. In a recent briefing, Recto explained that while the government is considering various bonds such as Euro, Yen, Sukuk (Islamic bonds), and Dollar bonds, the aim is to limit foreign borrowings to a maximum of …

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Better consumer sentiment, business optimism noted in Q4

Consumer sentiment has improved and businesses are more optimistic in the fourth quarter, according to the latest results from the Bangko Sentral ng Pilipinas (BSP) Consumer Expectations Survey (CES) and Business Expectations Survey (BES). The CES, released late Thursday, showed a more favorable outlook among consumers, with the overall confidence index (CI) improving to -11.1 percent in the fourth quarter …

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Ecozones drive economic growth across the country

The Philippine Economic Zone Authority (PEZA) highlighted the vital role ecozones play in spurring development across the country, noting that nine of the 10 wealthiest local government units (LGUs) in the Philippines are home to PEZA zones. In a press briefing in Pasay City recently, PEZA Director General Tereso Panga shared that the establishment of ecozones significantly contributes to economic …

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BSP cautions against text hijacking

The Bangko Sentral ng Pilipinas (BSP) issued a warning last week about “text hijacking,” a tactic used by fraudsters to execute smishing attacks by mimicking legitimate SMS Sender IDs. In an advisory, the BSP explained that text hijacking allows fraudsters to infiltrate legitimate text message threads, making their messages seem credible as they blend with authentic communications from trusted sources. …

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Marcos leads unveiling of Phl’s first polymer banknote series

President Ferdinand R. Marcos Jr. led the historic unveiling of the first Philippine polymer banknote series on Thursday. The President described the introduction of the polymer banknotes as a groundbreaking step embodying the nation’s strength, ingenuity, and forward momentum. “Today, I stand before you with pride as we unveil the first Philippine polymer banknote series— a groundbreaking step that embodies …

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IMF projects stronger Phl economic growth in 2024-2025

The Philippine economy is poised for moderate growth acceleration in 2024 and 2025, driven by easing inflation and gradual normalization of monetary policy, according to the International Monetary Fund (IMF). “Growth is expected to accelerate in 2024-25, supported by disinflation, and gradually declining borrowing costs as monetary policy normalizes,” stated the IMF following its 2024 Article IV consultation with the …

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Manila Water recognized by UN Women and Australia for gender equality efforts

Manila Water was lauded as the country’s Community Engagement and Partnerships Champion, while its President and Chief Executive Officer (CEO), Jocot de Dios, was the first runner-up for Leadership Commitment at the 2024 Philippines United Nations (UN) Women’s Empowerment Principles (WEPs) Awards last November 27, 2024. The company’s winning entry for the Community Engagement and Partnerships category was the Integrated …

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