Cheaper housing loans mean more Filipinos would be able to construct their homes and the government may finally close the housing gap. The Pag-Ibig Fund has cut housing loan rates to as low as 4.5 percent for homes priced above the socialized housing ceiling, offering qualified borrowers cheaper financing until the end of 2026. Pag-Ibig Fund said in a statement …
Read More »
Metro Pacific Tollways Corp. (MPTC) expects its merger with San Miguel Corp. to be completed by the third quarter, with negotiations moving into the valuation stage and San Miguel likely to emerge with a majority stake in the combined tollway business. “We are at the valuation stage, but we know we will really land 45:55 in their favor,” MPTC Chairman …
Read More »
The gloomy economic lay of the land in the Philippines has just been confirmed and validated by the World Bank. It was announced this week that the World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, still because of the global uncertainties caused by the war in West Asia. In its June 2026 …
Read More »
The Government Service Insurance System (GSIS) welcomed Atty. Ricardo R. Blancaflor as the new chairperson of its Board of Trustees on June 10, 2026, succeeding Rodney Del Rosario Jr. “The GSIS looks forward to working closely with Chairperson Blancaflor as we continue to strengthen the Fund, expand benefits for our members and pensioners, and pursue innovations that improve public service,” …
Read More »
On World Ocean Day (June 11, 2026), global logistics leader DP World launched its first global seagrass restoration initiative on Geoje Island, South Korea. Formalized through a Memorandum of Understanding (MOU) with the Korea Green Foundation and the Korea Fisheries Resources Agency (FIRA), the project kicked off with volunteers and local fishermen transplanting roughly 6,000 seagrass shoots along the Dadae …
Read More »
TO help partner drivers further maximize their earning opportunities amid the current economic crisis, Lalamove, the leading on-demand delivery and ride-hailing platform, is extending its 0% commission scheme for its ride-hailing service, Lalamove Ride, until the remainder of 2026—a model that has been in place for six months, beginning last December of 2025. Launched in February 2025, Lalamove Ride started …
Read More »
IN support of this year’s Brigada Eskwela and the reopening of schools for S.Y. 2026-2027, Manila Water Non-East Zone subsidiary Laguna Water donated refrigerated drinking fountains (RDFs) to six public schools in the municipality of Biñan, Laguna. This is part of the Lingap Laguna project, which aims to provide access to clean and potable water in public spaces. In partnership …
Read More »
MANILA, PHILIPPINES — A memorable wedding is often the result of countless creative details coming together seamlessly. From fashion and floral design to styling, entertainment, and hospitality, every element contributes to an experience that feels uniquely personal. This spirit of collaboration was on full display at Light The Aisle: A Luminous Beginning, held at the Grand Ballroom of Solaire Resort …
Read More »
By DIEGO C. CAGAHASTIAN IT IS reassuring that while businessman Henry Lim Bon Liong of Sterling Paper Group of Companies and SL Agritech passed away two years ago, his vision for greater rice harvests for Filipino farmers through hybrid rice production has seen the light of day in the efforts of preeminent Chinese agronomist Professor Zhang Zhaodong, the executive vice …
Read More »
The Department of Energy (DOE), AboitizPower Corp., and National Power Corp., are studying a proposed memorandum of understanding to undertake a comprehensive feasibility study on potential nuclear plant sites nationwide. This developed as Aboitiz Power Corp. is supporting the government’s push to integrate nuclear power into the country’s energy mix by helping identify potential sites for development. The study will …
Read More »
The Market Monitor Minding the Nation's Business