Business

TAGUM, Davao del Norte. The Government Service Insurance System (GSIS) held a stakeholders’ dialogue here on Wednesday to hear directly from GSIS members, pensioners and local government partners on how to make transactions faster, simpler and more responsive, and to turn feedback into specific service improvements. “We came to Tagum with one clear purpose: to listen to you, and to learn …

SM Foundation (SMFI) received a Silver Anvil Award under the PR Tools, Multimedia category from the Public Relations Society of the Philippines for its #SpreadingSocialGood Stories Online campaign. The initiative strengthened SM Foundation’s digital presence and translated online engagement into tangible social impact.  Through strategic storytelling on Facebook, SMFI grew its online community to more than one million followers and …

Stakeholders in Ifugao join GSIS President and General Manager Wick Veloso and executives in an open dialogue to discuss access, connectivity, and service delivery challenges in remote communities. Insights from the dialogue will help guide location-specific measures to make GSIS services more accessible and responsive.

UNDER the stewardship of the Manila Water Foundation, the La Mesa Ecopark (LME) in Quezon City, proudly marks 2025 as an impactful year for the environment.  The social development arm of Manila Water Company achieved significant progress in urban forest restoration, environmental education, and community engagement. Through synergies with more than 180 organizations and thousands of volunteers, LME strengthened its …

Torres Brandy of Spain has officially entered the Philippine market after sealing a partnership with local rum leader Tanduay Distillers. Torres 5 Light leads the collection of spirits making a debut in the Philippines, supported by Tanduay’s marketing and distribution network. Tanduay president and CEO Lucio Tan III said, “The arrival of Torres in the Philippines marks the coming of …

It’s scraping bottom for the Philippine economy, but Cabinet officials in and out of Malacañang are still hopeful that the country a high middle-income status before the year ends. In 2025, the economy expanded by 4.4%, much weaker than the 5.7% growth in 2024. This was the weakest notch in five years or when GDP declined by 9.5% in 2020. …

THE Philippines can still hit the goal of becoming a high-income economy despite a run of below-potential growth, Economic Planning Secretary Arsenio Balisacan said on Thursday. This, following the release of disappointing data on how the national economy performed in 2025. “Our aspiration as a country, as reflected in our long-term plan, is to join our neighbors as a developed …

The Jollibee Group’s South Korean value coffee brand Compose Coffee has achieved the highest customer satisfaction rating among Korea’s leading low-cost franchises. The result was based on a recent survey released by the Korea Consumer Agency (KCA), South Korea’s government-mandated consumer protection institution established to safeguard and advance consumer rights, enhance market transparency and improve overall consumer welfare. Based on …

The Energy Regulatory Commission  (ERC) announced this week that it has approved Resolution No. 02, Series of 2026 setting a “Uniform National Lifeline Subsidy and Rate for the implementation of the Lifeline Program nationwide.” The lifeline subsidy is a passed-on charge against regular-paying consumers to shoulder the discounted rates for the electricity consumption of low-income consumers. Under the resolution, the …

The City of Manila recorded a 40 percent increase in new business permit processing alongside robust renewal activity, showing strong local business momentum, Bureau of Permits Director Levi Facundo reported Monday to Manila City Mayor Francisco “Isko” Moreno Domagoso. As of January 25, 2026, the city processed 384 new business permits, up sharply from 176 during the same January 1–25 …