Tourists enjoy a cool afternoon by the shore in Boracay. The Singapore-based relocation advisory firm Rumavi said the Philippines stands out as a “particularly strong option” for retirees, citing its exceptional affordability and housing costs. RELAKS KA LANG CH/FACEBOOK PHOTO

PH among top affordable retirement destinations in the world

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THE PHILIPPINES was listed in the global top 10 best destinations for retirees, securing a high score of 95.1 in general affordability and 91...
Bureau of Internal Revenue (BIR) personnel conduct a post-evaluation of cash register and point-of-sale machines during a nationwide sweep from Aug. 24 to 28, 2026. The BIR reported on Sept. 10 that it flagged 842 establishments and sealed 385 non-compliant sales machines during the evaluation. BIR PHOTO

BIR seals 385 cash registers in nationwide tax crackdown

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THE BUREAU of Internal Revenue (BIR) flagged 842 establishments and sealed 385 unregistered or non-compliant cash registers and point-of-sale (POS) machines during a recent...
Photo shows the Unit 2 of the Therma Marine Inc. in Agusan del Norte. Unavailability of the said power plant unit is among the factors for the red alert in the Mindanao grid on Friday, Sept. 11, 2026, according to the National Grid Corporation of the Philippines. PHOTO COURTESY OF TMI WEBSITE

Red alert up over Mindanao grid, extended in Visayas

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A SEVEN-HOUR red alert was up for the Mindanao grid from 1 p.m. to 8 p.m. on Friday, September 11, while the red alert...
Data from the Bangko Sentral ng Pilipinas showed that foreign direct investments (FDI) net inflows stood at $447 million in June 2026, lower than the $638 million in May. PHOTO COURTESY OF GMA NETWORK

PH foreign investment inflows down 17.8% in first half of 2026

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NET INFLOWS of foreign direct investments (FDIs) declined in June as net equity investments swung into negative territory while net investments in debt instruments...
Workers unload liquefied petroleum gas tanks for delivery at a hotel in Manila on April 8. The Department of Finance on Friday, Sept. 11, said it will propose the suspension of liquefied petroleum gas and kerosene excise tax once it gets the certification from the Department of Energy that the current crude oil price has breached the USD80 per barrel threshold. PNA photo by Yancy Lim

DOF awaits DOE certification on crude price breach for tax suspension

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The Department of Finance is awaiting the Department of Energy’s (DOE) certification that crude oil prices have breached USD80 per barrel, a level that...
PARTNERS FOR AFFORDABLE HOMEOWNERSHIP Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling (fourth from left), who also chairs the Pag-IBIG Board of Trustees, and SM Prime and SM Development Corp. President Jeffrey C. Lim (third from left) shake hands following the signing of a memorandum of understanding to widen the range of SMDC homes available to qualified members through Pag-IBIG Housing Loans. Lim and Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta (second from right) signed the MOU, while Aliling, SMDC Vice President and Head of Design, Innovation and Strategy Jessica T. Sy (left), SMDC Executive Vice President Grace M. Sta. Ana (second from left), and Pag-IBIG Fund Deputy Chief Executive Officer Alexander Hilario G. Aguilar (right) served as witnesses.

Pag-IBIG, SMDC partner as more developers widen home options under Marcos’ Expanded 4PH

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Pag-IBIG Fund and SM Development Corp. signed a memorandum of understanding Sept. 8 to widen the range of SMDC homes that qualified members may...
In line with the National Grid Corporation of the Philippines’ scheduled power interruption on Sept. 6, 2026, Guimaras Electric Cooperative linemen maximized the outage window by conducting parallel maintenance activities to ensure improved power delivery for member-consumers. GUIMARAS ELECTRIC COOPERATIVE PHOTO

VisMin consumers brace for higher power rates in September

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Consumers in the Visayas and Mindanao may see a spike in their electricity bills this month as the spot market reported a surge in...
Photo courtesy of HueMan1/Wikimedia Commons

Antique joins PH top 10 local economies after 8.55% surge

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The economy of Antique grew by 8.55 percent in 2025, making it one of the 10 fastest local economies in the country. This was announced...
The Philippines logged more than US$222.75 million in booked sales and more than US$70.39 million in sales under negotiation for various high-value crops, including durian, banana, mangoes, and dragon fruit. KAJUANDER/SPECIALTYPRODUCE.COM PHOTO

PH exporters, growers generate $290M in sales with tropical fruits at HK expo

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FILIPINO export groups and growers generated US$290 million in sales for various tropical fruits during an expo in Hong Kong, the Department of Agriculture...
Loans from universal and commercial banks grew at a faster pace of 10.4 percent in July this year from 9.8 percent in June, data from the Bangko Sentral ng Pilipinas showed. DEVELOPMENT BANK OF THE PHILIPPINES PHOTO

Bank lending, domestic liquidity up by 10% in July

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BANK LENDING and domestic liquidity recorded double-digit growth in July this year, data from the Bangko Sentral ng Pilipinas (BSP) showed. The central bank said...
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