Under the Anti-Money Laundering Act (AMLA), those classified as covered persons are mandated to report to the Anti-Money Laundering Council (AMLC) all covered transactions and suspicious transactions ...

POWER DISTRIBUTOR Manila Electric Co. (Meralco) saw its core net income rise by 22% to P45.1 billion in 2024, driven by growth in its distribution, power generation, and retail electricity supply (RES ...

The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...

THE Department of Agriculture (DA) said it reached agreement with the pork industry to set a minimum farmgate price of P210 per kilogram for hogs on a liveweight basis. The floor price is designed to ...

PLAINTIFFS challenging unprogrammed appropriations told the Supreme Court (SC) that the budget mechanism allows billions of pesos to move outside constitutional guardrails, weakening fiscal discipline ...

PHILIPPINE EXPORT RECEIPTS of semiconductor and electronic products are expected to rise to a record $50 billion this year despite global trade uncertainties and an ongoing conflict in the Middle East ...

ALMOST 7 out of 10 Filipino employees place stability and work-life balance at the forefront when choosing where to work, urging employers to offer flexible working options such as working from home, ...

The Philippines is not exempt from the global dilemma of fashion-driven waste and environmental damage. A recent study revealed that Filipino youth are significant drivers of the fast fashion industry ...

My take on the development experience of nations is that all progress boils down to investment — specifically on the share of income that the nation sets aside for investment or what is called the ...

WHOLESALE PRICE GROWTH for general goods picked up in March, propelled by rising mineral fuel prices following the start of the Iran conflict, the Philippine Statistics Agency (PSA) reported Tuesday.

THE PHILIPPINE credit card market continued to grow in the fourth quarter of 2023, mainly driven by new cardholders, a study by TransUnion showed. Total outstanding credit card volumes in the ...

GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal Power Plant Project in ...