Business

Families of OFWs may celebrate for a while because of the perceived increase in the local value of remittances from their relatives working abroad.  Exporters of local products may also be benefited because Filipino exports may become more competitive abroad. These are some of the positive consequences of the record slump of the Philippine pesos last Wednesday— P59.44 to the …

The top foreign affairs officials of Japan and the Philippines have signed several agreements involving cooperation in various areas of development, among them defense and military,  trade and investment, infrastructure development through Official Development Assistance, economic security, agriculture, protection of supply chain, semiconductors, and the Luzon Economic Corridor. The two Asian countries decided to give each other mutual access to …

The Comprehensive Economic Partnership Agreement (CEPA) between the Philippines and the United Arab Emirates (UAE) is expected to provide a long-term boost to the resilience of the Philippine economy. The CEPA was signed Tuesday on the sidelines of the Abu Dhabi Sustainability Week 2026 Summit at the Abu Dhabi National Exhibition Center, with Department of Trade and Industry Secretary Cristina …

THE Government Service Insurance System (GSIS) is studying the Philippine Stock Exchange’s proposal for state-run pension funds to revive loan for stocks and other financial products,  signaling openness to the initiative while outlining a framework centered on member protection and operational sustainability. GSIS President and General Manager Wick Veloso said the GSIS recognizes the potential of these loan programs to …

TOULOUSE, France – STARLUX Airlines of Taiwan has taken delivery of its first of 18 A350-1000s, becoming the 11th global operator of the largest version of the A350.  The new A350-1000 will join a fleet of 10 A350-900s already in service with the airline, deployed on premier long-haul services from Taipei to Europe and North America, as well as selected …

2GO, the country’s  premier multimodal logistics solutions provider, continues to strengthen its reputation as a reliable local partner of leading international brands and organizations. 2GO Forwarding, the freight forwarding arm of the 2GO Group, operates through a nationwide network that spans 33,000 barangays and delivers scalable logistics for industries such as pharmaceuticals, FMCG, automotive, and events.  With access to sea, …

MANILA Water sustains massive expansion of water service connections.  From January to November 2025, the company installed 19,421 new water service connections, bringing the total to 1,213,213 across the East Zone concession area since 1997, reflecting the company’s commitment to meeting the growing demand for safe and reliable water. Supporting this expansion is a robust water supply network that grew …

With the weakest peso ever at P59.44 to the dollar, cash remittances from overseas Filipino workers are enjoying the best of times. Remittances from OFWs ramped up to  $2.91 billion in November 2025, reinforcing the steady role of migrant workers in supporting household spending and overall economic activity in the Philippines. This may be attributed to the need for more …

If you are a motorist who is annoyed and angry about the glut of motorcycle riders on the road—many of them violating traffic rules and endangering other motorists—perhaps you might blame the extra loose and expansive financing available to these buyers. Blame, too, must go to the government’s inability to provide public transport systems along with a working traffic management …

From the initial number of P5 billion, LANDBANK has raised the minimum target for its dual-tenor sustainability bond offering to P30 billion, hoping that buyers and investors are serious in promoting the environment and agricultural growth. The bonds, called Agriculture, Sustainability, Environment, and Socioeconomic Development (ASENSO) bonds, are peso-denominated and fixed-rate, with tenors of 1.5 and three years. The public …