How does the Philippines fare in climate change resilience in business?

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Pandemic babies born last year may already be in their 30s by the time the country returns to pre-Covid-19 debt levels, according to a study released by the Philippine Institute for Development Studies (PIDS)...

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A poll conducted by the Bangko Sentral ng Pilipinas (BSP) showed analysts expect the country's average inflation rate to exceed the government's target this year, and at a faster rate than their prior projection...

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A study aimed at determining the efficacy and safety of the antiparisitic drug ivermectin on COVID-19 patients has been terminated, Science and Technology Secretary Fortunato de la Peña said on Friday...

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Economic developments around the world are heading to a regime of high inflation and lawmakers who will be part of the incoming 19th Congress are now looking to address difficulties that would likely emerge when the administration of presumptive President Ferdinand Marcos Jr. begins on June 30...

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The Senate will hand over the certificates of canvass (COC) and election returns (ERs) to the House of Representatives early today, May 23, raising the possibility that the new president and vice president could be proclaimed this week...

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To hasten the country’s economic recovery, organized labor yesterday pushed for the implementation of a P100-billion subsidy loan for micro, small and medium enterprises (MSMEs)...

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The Philippines has sufficient food supply amid the Department of Trade and Industry (DTI)’s recent approval of price hikes in 82 basic goods on its latest suggested retail price (SRP) list, a Trade undersecretary assured the public at the weekend...

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About 1,153-hectares (has.) of the Siargao Island Protected Landscape and Seascape (Siplas) in Siargao, Surigao del Norte, are now covered by the Comprehensive Agrarian Reform Program (CARP)...

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Sen. Christopher Lawrence "Bong" Go on Sunday voiced support for measures that will protect consumer rights as he lauded the enactment of the "Timbangan ng Bayan" law...

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The Department of Energy (DoE) will soon release a regulatory framework that will establish nuclear energy as an option for the country’s electricity source...

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The Philippines is tightening its border control measures as an official of the World Health Organization in Europe warned the transmission of the monkeypox virus could accelerate, Health Secretary Francisco Duque III said Saturday...

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The National Bureau of Investigation (NBI) joins the Philippine National Police (PNP) in going after illegal online cockfighting or e-sabong operations...

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The Philippines is tightening its border control measures as an official of the World Health Organization in Europe warned the transmission of the monkeypox virus could accelerate, Health Secretary Francisco Duque III said Saturday...

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Airless tires that never go flat or need to be inflated: It’s a decades-long dream that manufacturers hope to turn into a reality soon, but for truck drivers first...

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The Department of Environment and Natural Resources (DENR) has launched a P10-million data center that can provide real-time information on air and water quality as well as the status of waste management facilities nationwide...

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More Filipinos were internally displaced by conflicts, violence and disasters at the end of 2021, according to the 2022 Global Report on Internal Displacement by the Internal Displacement Monitoring Centre (IDMC)...

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The Philippines' car and motorcycle output declined 7.5% year on year to 18,137 units in the first quarter, according to the ASEAN Automotive Federation (AAF)...

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Trade Secretary Ramon Lopez has urged his counterparts in the Association of Southeast Asian Nations (Asean) to build a united front on trade challenges in the region...

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Expanding the products in the Asia-Pacific Economic Cooperation (APEC) List of Environmental Goods will greatly help the region cope with the environmental challenges while APEC economies consider the inclusion of adapted goods, according to an APEC Policy Support Unit article...

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Gold medals from boxing and basketball sealed the Philippines’ top-four finish in the medal table of the Southeast Asian Games in Vietnam on Sunday, May 22...

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More than 100 million people have been driven from their homes around the world, the UN refugee agency (UNHCR) said on Monday, May 23, citing new data about those escaping violence, conflict, persecution and human rights violations...

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The World Health Organization (WHO) said it expects to identify more cases of monkeypox as it expands surveillance in countries where the disease is not typically found...

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Ukrainian President Volodymyr Zelensky has warned only a diplomatic breakthrough rather than an outright military victory can end Russia's war on his country, while pushing its case for EU membership...

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Ukraine ruled out a ceasefire or any territorial concessions to Moscow as Russia stepped up its attack in the eastern and southern parts of the country, pounding the Donbas and Mykolaiv regions with air strikes and artillery fire...

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The United States is looking to deepen its economic partnership with Taiwan even if though it is excluded from President Joe Biden’s new Asian economic initiative, a top official said...

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Shanghai reopened a small part of the world’s longest subway system on Sunday, May 22, after some lines had been closed for almost two months, as the city paves the way for a more complete lifting of its painful COVID-19 lockdown next week...

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Pope Francis said Sunday that he was following "attentively" the "often complex" life of Catholics in China, without directly referencing a 90-year old cardinal arrested in Hong Kong this month...

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A bid by Ukraine to join the European Union would not be finalized for "15 or 20 years," France's Europe minister said Sunday, pouring cold water on Kyiv's hopes for quick entry in the wake of Russia's invasion...

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A military cargo plane carrying the first shipment of infant formula from Europe to help address a critical shortage in the United States landed in Indianapolis on Sunday, but a top government official noted that much more needs to be done...

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Britain is seeing daily infections of the rare monkeypox virus that are unconnected to any travel to West Africa, where the disease is endemic, a health official said on Sunday...

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President Joe Biden flies Sunday to Japan for the second leg of a trip intended to reinforce US leadership across Asia in the face of a rising China and dangerously unpredictable, nuclear-armed North Korea...

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The Commission on Elections (Comelec) reported on Sunday that the ongoing random manual audit (RMA) of votes cast during the May 9 elections has so far matched 99.9 percent of the automated election returns (ERs) for national and selected local elective positions, negating persistent suspicions that the electronic voting system was flawed and susceptible to cheating...

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The National Task Force to End Local Communist Armed Conflict (NTF-Elcac) accused the Commission of Human Rights (CHR) of demonizing of government when it presented an incomplete picture of the anti-illegal drugs campaign of the Duterte administration...

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“Long COVID,” which has beguiled both doctors and patients who have fully recovered from the severe respiratory disease in other countries, is now also afflicting Filipinos, a health expert said on Saturday...

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The Commission on Elections (Comelec) has started to look into discrepancies that its citizen arm, the Parish Pastoral Council for Responsible Voting (PPCRV), found in some election returns (ERs)...

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Interior and Local Government Secretary Eduardo Año has directed all local government units (LGUs) to seek out residents who are still unvaccinated against Covid-19 as well as those who are eligible for booster shots...

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Practicing minimum public health standards by wearing the best fitting mask, isolating when sick, ensuring good airflow, getting vaccinated—and being vaccine boosted—are the best way to protect families and loved ones against any new Covid-19 variant or even the post Covid-19 condition, more commonly known as “long Covid,” the Department of Health (DOH) said on Sunday...

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The Securities and Exchange Commission (SEC) has warned the public against entities that associate themselves with the corporate regulator...

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The plan to inspect economic zone locators for compliance with the government’s on-site work order could inject an element of uncertainty among investors in the Information Technology-Business Process Management (IT-BPM) industry, the Philippine Economic Zone Authority (PEZA) said...

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A special hearing of the House committee on ways and means begins today to sort out matters between the Megaworld Corporation and the Bureau of Internal Revenue (BIR)...

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Health reform advocate and former special adviser of the National Task Force (NTF) against Covid-19 Dr. Anthony “Tony” Leachon, on Sunday, May 22, urged the national government to “maximize” and speed up the country’s Covid-19 vaccinations...

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Two lawmakers from the Makabayan bloc on Saturday voiced their frustration with the current party-list system at the House of Representatives which, they claimed, was now dominated by political families, businesses, the military, and the current administration...

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Filipino-Muslims intending to perform the hajj pilgrimage this year may process their passports at the courtesy lane in all its consular offices nationwide, according to the Department of Foreign Affairs (DFA)...

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A new COVID-19 subvariant has entered the Philippines after a Filipino male who returned to the country from the Middle East early this month was found to have BA.4, another Omicron sublineage capable of a faster transmission than previous lines of the virus, the Department of Health (DOH) disclosed on Saturday...

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The incoming administration of presumptive president Ferdinand Marcos Jr. may not have funds it will need for its stimulus package as the outgoing Duterte administration has already disbursed 90 percent of the 2022 national budget, Albay 1st District Rep. Edcel Lagman said Sunday...

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A surge in COVID-19 cases is expected to occur two weeks after the May 9 elections, an infectious disease expert said Sunday...

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A party list congressman on Saturday urged the Department of Health (DOH) and the Food and Drug Authority (FDA) to expand the eligibility criteria for the second booster shots of Covid-19 vaccine to persons having comorbidities...

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The Bureau of Internal Revenue (BIR) fell short of its P551.78-billion revenue target for the first quarter of the year as its collections during the period settled at P503.5 billion...

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Local markets are still in a wait-and-see mode after the elections, as investors await the appointment of key Cabinet officials under the incoming administration, a local economist said...

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Shipping companies in the Philippines are likely to raise freight fees even more to cushion the impact of rising fuel costs on their operations, analysts said...

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The central bank will ensure that its exit from an accommodative policy, taken to support the economy during the pandemic, will be balanced in order to address both inflation risks and the need to shore up growth, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said...

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Economists raised their inflation forecasts for the next three years due to the impact of the ongoing Russia-Ukraine war on global oil and food prices, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP)...

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Inflation will be a major factor that would drive the market moving forward, traders said...

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More Australian firms are becoming interested in investing in the Philippines given the country’s economic outlook and recent reforms easing restrictions on foreign investments...

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Investors are expected to monitor developments onshore and abroad, as well as additional details on the next administration's Cabinet members and economic policies for this trading week...

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Citing improved economic growth and rising inflation, the country's monetary authorities have finally raised the central bank's benchmark interest rates for the first time in three years...

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The Bangko Sentral ng Pilipinas (BSP) remains optimistic the Philippine economy would continue to grow even under the new administration...

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