MANILA – Government system reforms and strengthening of institutions are better options than calling for the resignation of elected officials, the Makati Business Club (MBC) said Monday night. “Simply changing the people in power will not achieve the lasting improvement in the country’s governance,” MBC said in a statement. Instead, it cited the need to “reform…
Have you spotted those green taxis cruising through Metro Manila? Travelers now have an eco-friendly choice on the road. They are the Philippines’ first all-electric taxi fleet, powered by VinFast vehicles and operated by Green GSM Philippines. Offering a smoother, quieter and cleaner ride, these cabs mark the beginning of a new commuting experience for Filipinos. At the heart of this green…
Overseas Pinoys who discover BDO Pay share the same sentiment: “Hulog ng langit!” Malayo sa pamilya, many go the extra mile to stay connected, through text, calls, and social media. They ensure that the fruits of their hard work can reach their families securely when they need it, by putting their trust in BDO Unibank. Powered by the country’s leading bank, BDO Pay is an…
BDO Unibank (BDO) and the Commission on Filipinos Overseas (CFO) recently formalized their partnership to provide permanent migrant Filipinos with easier access to information, services, and guidance through financial literacy programs. The CFO, an attached agency of the Office of the President, is mandated to promote and protect the interests, rights, and welfare of overseas Filipinos while strengthening…
The rainy season may bring a welcome break from the scorching summer, but it also comes with its own set of challenges. From worsening traffic to flu season to higher incidence of dengue. Peak season for dengue infection is reported to be from June to November each year. That’s because dengue-carrying mosquitoes, like Aedes aegypti,…
The Philippines’ economic output this 2025 is not expected to be hit by the imposition of higher reciprocal tariff for exports to the US, which is set at 19 percent effective August 1. The reduced tariff rate was arrived at after the US visit of President Ferdinand R. Marcos Jr. on July 20 to 22,…
MANILA – The World Bank, through an International Bank for Reconstruction and Development loan, is providing a USD700 million to strengthen the community resilience of 18 million households in the Philippines. In a statement Friday, the World Bank said the amount is part of the USD874.35 million total project cost of the Philippines Community Resilience Project….
MANILA – The Bureau of Customs (BOC) on Friday reported it has surpassed its July 2025 collection target by P1.094 billion or 1.3 percent. Based on a preliminary report, the bureau collected a total of P85.459 billion, surpassing its P84.365 billion target. The July collection is so far the highest monthly collection this year, reflecting a…
BDO Unibank, Inc. (“BDO” or the “Bank”) successfully raised PHP 115 billion for its fourth Peso-denominated ASEAN Sustainability Bond issue, twenty-three times oversubscribed against the original offer of PHP 5 billion. The public offer period was set to run for two weeks, from July 9 to 22, 2025. The issuance saw robust participation from both retail…
After a majority stake in its ownership was acquired by MOHS Analytics, Inc. in the last quarter of 2024, Remed Pharmaceuticals recorded accelerated sales in the first half of 2025. Sales in the first semester grew by 88 percent versus target, and 35 percent growth over the same period in 2024. Growth in the quarter…
