Top News

By Riza Lozada Credit watchdog Moody’s Investors Service (Moody’s) warned in a country report that a rapid escalation of domestic political conflict that undermines institutional strength and the government’s reform agenda would be “credit negative.”

By Luis Leoncio The Energy Regulatory Commission (ERC) rejected the petition for intervention filed by the Power for People (P4P) Coalition, a coalition of civic groups, consumer organizations, and homeowners against Meralco’s Power Supply Agreements (PSAs) involving 3,551 megawatt (MW) of coal with its sister companies.

The SM Group’s charity work arm SM Foundation recently launched its 146th Rural Farmers’ Training Project in Barangay San Pablo, Ormoc City with 240 participants composed of farmers and beneficiaries of the government’s 4Ps program.

State think tank Philippine Institute for Development Studies (PIDS) recently urged policymakers to pursue a comprehensive study before embarking on the proposed shift to a federal form of government.

Newly-installed Bangko Sentral ng Pilipinas (BSP) Gov. Nestor Espenilla Jr. received a strong endorsement from credit watchdog Moody’s Investors Service which said Espenilla’s posting assured investors of continuity in the policies of his predecessor Amando Tetangco Jr.

Antitrust watchdog Philippine Competition Commission (PCC) is seeking an increase in its personnel with the full effect of the Philippine Competition Act (PCA) after a two-year provided in the law ended last August. PCC chairman Arsenio Balisacan said the agency is bracing for a “deluge” of complaints on monopolies, cartels and other anti-competitive practices with the full effectivity of the …

By Riza Lozada  Philippine Airlines (PAL) has offered to build a P20-billion passenger terminal beside its current hub at the NAIA Centennial Terminal 2 to expand capacity and dramatically improve passenger convenience. 

By Luis Leoncio  Transport network company (TNC) Uber Technologies paid a total of P489.24 million for the Land Transportation Franchising and Regulatory Board (LTFRB) to lift a one-month suspension. 

Filipinos gives an overwhelming confidence to the Office of the President at 82 percent and Local Government Units at 78 percent based on the latest Philippine Trust Index (PTI) of research group EON. 

The International Monetary Fund (IMF) has relayed to the country’s economic managers the multilateral institution’s “very optimistic” growth outlook on the Philippines owing to the economy’s continued “impressive” performance.