Companies

In observance of International Plastic Bag Free Day 2025, environmental justice group BAN Toxics renews its call to mains committed to eliminate plastic pollution in all forms. This annual global campaign, launched by Zero Waste Europe and other environmental groups, aims to raise awareness on the devastating impact of single-use plastic bags and promote sustainable, reusable alternatives. In partnership with …

Canned sardine manufacturers have decided not to push through with a proposed P3 price increase on their products, the Department of Trade and Industry (DTI) announced, providing relief to consumers amid rising living costs. The decision followed a meeting between Trade Secretary Maria Cristina Aldeguer-Roque and members of the Canned Sardines Association of the Philippines (CSAP), which includes major industry …

The national government’s budget deficit in May narrowed to P145.2 billion, driven by strong revenue growth and moderated spending, according to data released by the Bureau of the Treasury (BTr) on Thursday. This marks an improvement from the P174.9 billion deficit recorded in the same month last year. Revenue collections in May reached P433.1 billion, up by 13.35 percent from …

To enhance consumer protection and align with President Ferdinand R. Marcos Jr.’s vision of building “future-ready” industries, the Department of Trade and Industry (DTI) announced on Friday that it will adopt international safety standards for portable power banks. “With the growing use of power banks and the global surge of battery-related incidents … we must ensure that only safe, reliable …

The country’s economic managers have revised the growth forecast for 2025, citing escalating global risks and trade tensions.  Following the 191st Development Budget Coordination Committee (DBCC) meeting, Budget Secretary and DBCC Chair Amenah Pangandaman announced that the GDP growth assumption for next year was adjusted to 5.5 to 6.5 percent, down from the earlier target of 6 to 8 percent.  …

As part of its  efforts to adopt more sustainable technologies.the Manila International Container Terminal (MICT), the flagship terminal of  International Container Terminal Services, Inc. (ICTSI), deployed two fully electric terminal tractors recently.  Christian Lozano, MICT chief executive officer, said it is the first deployment of such equipment in a Philippine port. “The testing of electric terminal tractors is another step …

San Miguel Corporation (SMC)  employees have so far planted or donated a total of 98,296 seedlings across the country  in support of the company’s continuing efforts to help reduce flood risks, improve air and water quality, and revive critical forest areas. A total of 2,457 SMC employees have joined tree-planting activities in 48 locations in Luzon, Visayas, and Mindanao, through …

Mcdonald’s  Philippines is once again showing that the spirit of volunteerism and community service is stronger than ever among its management, employees, and partners, as it kicks off its 19th consecutive year of active participation in the Department of Education’s Brigada Eskwela program.  As a new school year starts, close to 4,000 volunteers from 679 McDonald’s stores nationwide came in …

Prices of housing units in the Philippines increased in the first quarter of 2025, albeit at a slower pace, driven by higher prices in the National Capital Region (NCR). The nationwide Residential Property Price Index (RPPI) moderated from 9.8 percent year-on-year (y-o-y) in Q4 2024 to 7.6 percent in Q1 2025. In terms of location, the NCR led the nationwide …

The Philippine Postal Corporation (PHLPost), in partnership with the Department of Foreign Affairs (DFA), formally launched the UN80 Commemorative Stamps in a ceremony held at the historic Old Senate Hall of the National Museum of Fine Arts in Manila.  The stamps mark the 80th year of Philippines membership in the United Nations (UN), celebrating the country’s enduring commitment to multilateral …