WONG. DBM PHOTO

DBM: Government to save billions with ‘rightsizing’

THE government will be able to save billions if it implements rightsizing, according to the Department of Budget and Management (DBM) which is pushing...
High voltage towers that support transmission lines for electrical power distribution in the Luzon grid is seen from a residential area in Baesa, Quezon City. MARIA TAN, ABS-CBN NEWS PHOTO

Electricity generation still subject to ERC regulation – SC

THE Supreme Court (SC) has ruled that electricity generation and power supply are not public utility operations but are still under the regulation of...
A licensed online lender projected that there will be an accelerated pace in the expansion of digital lending in the Philippines this year. PNA FILE PHOTO BY NEF LUCZON

PH digital lending market seen to breach $1-B mark in 2025

THE Philippines digital lending market is seen to exceed the USD1 billion mark in the second half the year, a new study of a...

Puregold Powers Ahead: Among top PH corporations

Puregold Price Club Inc. has once again demonstrated its dominance in the retail sector, securing its place among the country’s top-grossing companies. According to...
The Philippine Statistics Authority Region 6 recorded a higher inflation rate in the indices of clothing and footwear at 3.1 percent in May 2024. PN FILE PHOTO

Philippines average inflation decelerates to 3.2% in 2024

INFLATION settled at 2.9 percent in December last year, bringing the 2024 average inflation rate to 3.2 percent, well within the government's 2 percent...
Passengers from Bacolod City arrive at Dumangas port in Dumangas, Iloilo. PDEA VI PHOTO

Passenger volume up in PH ports – PPA

BUSY local sea terminals saw growth in volume of travelers during the holidays and even early this month as passengers returned from vacations, according...
The Philippine peso was trading at the P58:$1 level for most of December 2024, depreciating to the record-low P59:$1 on Dec. 19, before ending the year at P57.89:$1. REUTERS/ JOSE LUIS GONZALEZ/ FILE PHOTO

PH dollar reserves down in December

PHILIPPINE dollar reserves declined in December 2024 due mainly to net foreign exchange operations of the central bank and the decline in government deposits...

NGCP marks fruitful 2024, eyes completion of key projects soon

Several milestones marked NGCP’s achievements in 2024, following the completion of four major grid projects that have significantly bolstered the reliability of the country’s...
Well-preserved culture, heritage. West Visayas State University students showcase the Ilonggo culture during the turnover of the university’s newly restored Quezon Hall.

Preserving heritage, empowering futures

The SM Group’s Henry Sy Foundation recently completed the restoration of West Visayas State University’s (WVSU) Quezon Hall, an architectural masterpiece that holds a...
(L-R): Third Librea, President and CEO of PalawanPay, Karlo M. Castro, President and CEO of Palawan Group of Companies; Stephen Peregrino, APAC Regional Director of RIA Money Transfer and Lilian Castro-Selda, Chief Financial Officer of Palawan Group of Companies during the contract signing.

PalawanPay Expands Global Reach with RIA Money Transfer Partnership

Palawan Group of Companies, the leading and most trusted pawnshop and money remittance company in the Philippines, has partnered with RIA Money Transfer to...