Ayala Land, Inc. (ALI) has set PHP100 billion in capital expenditure (capex) target this year as its outlook in the property sector remains rosy, especially in the high-end market. In a recent press briefing, ALI chief finance officer Augusto Bengzon said 34% of this year’s capex would be spent on residential projects, 24% for estate development, 19% for land acquisition, 10% for malls, 8% for…
TOKYO – In the face of a serious shortage of drivers in the logistics industry, Japan’s government and commercial vehicle makers are accelerating experiments aimed at putting self-driving trucks into practical use. They are aiming to attain so-called Level 4 autonomous driving, or driving without human intervention under certain conditions. In addition to carrying out the…
Butuan City – The Department of Science and Technology (DOST) Office of the Undersecretary for Regional Operations led by Undersecretary Sancho A. Mabborang once again expressed its unwavering dedication to strengthen the food safety measures and regulatory system in the country, today at the 1st Caraga Food Safety Summit.
The Presidential Task Force on Media Security (PTFOMS) is closely monitoring the ongoinginvestigation into the fatal shooting of former radio anchor Ali Macalintal on Monday, June 23, 2025,in General Santos City. Macalintal, a former broadcaster for RPN-DXDX General Santos, sustained three gunshot wounds andwas declared dead on arrival at a nearby hospital. In coordination with…
President Ferdinand R. Marcos Jr. remains hopeful that the prices of basic commodities in the market will start to decrease amid the measures the government has implemented against price hikes. In an interview during the rice distribution in Iriga City, Camarines Sur on Saturday, President Marcos believes that the government’s intervention against price hikes will…
The Quezon City Government, in partnership with the Philippine Cancer Society (PCS), further intensifies its overall cancer care initiatives through the “ACT NOW: 30-Day Screening to Treatment” program. The “ACT NOW: 30-Day Screening to Treatment” is a locally tailored campaign that aims to improve QCitizen’s access to cancer screening, treatment, and support systems. All cancer-related…
The future is bright for the Philippines and Singapore with their strong bilateral ties, President Ferdinand R. Marcos Jr. said during his working visit in Singapore. Addressing queries during a roundtable discussion with Singaporean businessmen, President Marcos said the relationship between Singapore and the Philippines started at the people-to-people level, which has been the bedrock…
President Ferdinand R. Marcos Jr. will push for a just, sustainable and affordable energy transition financing, deeper health cooperation, digitalization and innovation, and food security cooperation during his attendance next week to the 30th APEC Leaders’ Meeting in San Francisco, California, USA. During a pre-departure briefing in Malacañang on Tuesday, Foreign Affairs Undersecretary Charles Jose…
ECONOMIC DISCUSSIONS. Budget Secretary Amenah Pangandaman, Finance Secretary Ralph Recto and Socioeconomic Planning Secretary Arsenio Balisacan (2nd to 4th from left) showcase the compelling reasons why American investors should continue expanding their businesses in the Philippines during the Philippine Dialogue at The Ritz-Carlton in Washington, D.C. on April 17, 2024. It was attended by around 90…
Senator Win Gatchalian is urging a thorough examination of the potential consequences of the United States’ imposition of a 17% reciprocal tariff on goods from the Philippines, highlighting that the U.S. remains the country’s largest export market. “Despite the seemingly advantageous position of the Philippines compared to its ASEAN counterparts following the imposition by the…
