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Chairman Michael Ted Macapagal of the Philippine National Railways expressed admiration for One Ayala Transport Terminal, saying it is a good model for the government to emulate in its effort to minimize traffic gridlocks, if not to solve it outright. The construction of PNR’s North-South Commuter Railway, which will run upon completion from Angeles City in Pampanga to Calamba City …

State pension fund Government Service Insurance System (GSIS) President and General Manager Wick Veloso announced that the GSIS is prepared to extend emergency loans to members and pensioners in CARAGA Region, Mindanao who were adversely affected by the 7.4 earthquake that rocked Surigao Del Sur last December 2.  Under the GSIS Emergency Loan program, qualified members who have no existing …

Finance Secretary Benjamin E. Diokno has showcased the progress of the Philippines’ digitalization initiatives and urged the global community to rapidly digitalize payments as a means to accelerate climate action in a 2023 United Nations Climate Change Conference (COP28) side event on December 4, 2023 at the Philippine Pavilion. With the support of UN-based Better Than Cash Alliance, the “Responsible …

Finance Secretary Benjamin E. Diokno has underscored that the newly enacted Public-Private Partnership (PPP) Code of the Philippines, which was signed into law as Republic Act No. 11966 by President Ferdinand R. Marcos, Jr. on December 5, 2023,  will enhance public-private collaboration and lay the foundation for ensuring the realization of high-quality infrastructure projects and services in the country. The …

As urban cities grapple with the challenges of waste management, provincial local governments play an indispensable role in fostering interlocal cooperation and local government clusters. This was shown in the study “Revisiting Metropolitan Governance: Improving the Delivery of Urban Services through Inter-LGU Cooperation”, authored by Philippine Institute for Development Studies (PIDS) Vice President Marife Ballesteros, Research Consultants Elmer Mercado and …

By Robert Andaya Filipino athletes representing the country in next year’s Olympic Games in Paris, France need a lot of support. In fact, the Filipino athletes need additional funding from both the government and private sector with less than a year before the world’s biggest and most prestigious sports competitions. This was stressed by no less than. Christopher “Bong” Go …

As we mark the one-year anniversary of embracing smarter shopping habits, we are excited to share valuable tips with our fellow Bazaaristas, just in time for the upcoming World Bazaar Festival.  In a world filled with endless choices, it’s essential to shop smarter, not harder. The World Bazaar Festival, renowned for its diverse array of offerings, becomes the perfect backdrop …

The Philippine capital has logged the fastest growing price in luxury residential market across the world, real estate consultancy firm Santos Knight Frank (SKF) said. In a press conference in Makati City on Friday, the SKF said the price growth of Manila’s prime residences was recorded at 21.2 percent over the past 12 months and at 19 percent in the …

The Didipio Mine bagged its second consecutive safest underground mining operation award at the 69th Annual National Mines Safety and Environment Conference (ANMSEC) in Baguio City. Atty. Joan Adaci-Cattiling, Didipio Mine President and General Manager for External Affairs and Social Performance, said that the award is a testament to the company’s commitment to having not only a safe working environment …

The Government Service Insurance System (GSIS) partners with the Japan International Cooperation Agency (JICA) to improve the protection of public properties and assets against disasters. On the instruction of President Ferdinand Marcos Jr., the GSIS is working with the Department of Finance in building up capacity in all the aspects of public insurance including underwriting, loss control and management, insurance …