The Right of Representation and the Iron Curtain Rule
The primary law that governs inheritance and succession is the Civil Code of the Philippines, or Republic Act No. 386 (Civil Code). Article 970 of the Civil Code gives the Right of Representation to certain heirs. This right is a rule in ou…
Rainy day wellness made more rewarding
Rainy season is upon us, bringing gloomy skies and, for many, coughs, colds, sore throats, and other seasonal illnesses. The rain itself doesn’t make us sick. But getting caught in a downpour or staying cold for too long can leave the…
PH gov’t debt seen surging to record high P21.5T in ’27
MANILA, Philippines — The national government’s outstanding debt is projected to climb to a record P21.479 trillion by end-2027 amid the peso’s depreciation and a slower pace of fiscal consolidation, according to the Department of Budget an…
Using real person’s face, likeness in AI media is illegal — NPC
Using the face of another person to generate photos and videos using AI is illegal, according to the National Privacy Commission. …
BofA: BSP may end rate-hike cycle in Aug
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may deliver one final rate increase this month before bringing its tightening cycle to a close, Bank of America (BofA) said, as it expects economic growth to remain weak through th…
Data breach costs jump in SE Asia
MANILA, Philippines — Costs incurred by businesses across Southeast Asia due to data breaches reached a record high in 2026, as increasingly sophisticated attacks set back organizations by about $4.12 million, according to a new IBM study. …
Government-sponsored retirement programs
With retirement planning, people often ask, “Which investment gives the highest return?” In reality, the true value of a retirement program extends far beyond dividends, interest rates or capital gains. Here is why. Social Security System (…
RCR H1 profit jumps 44% to P4.95B
MANILA, Philippines — Gokongwei-led RL Commercial REIT Inc. (RCR) saw its first-half earnings surge by 44 percent as recent asset infusions and high occupancy boosted its performance. On Tuesday, RCR said it booked an unaudited net income o…
Jollibee Q2 profit hits record P3.4B
MANILA, Philippines — Jollibee Foods Corp. (JFC) posted a record P3.4 billion attributable net income in the second quarter as stronger sales and pricing measures helped the restaurant giant recover from cost pressures at the start of the y…
Ayala opens doors to more global brands through ACX Retail
MANILA, Philippines — Ayala Corp. is expanding its consumer footprint with the launch of ACX Retail, a new platform that will bring more international brands to the Philippines through long-term strategic partnerships. The conglomerate, thr…
BIZ BUZZ: Uy wants in on Pax Silica
MANILA, Philippines — Pampanga-based tycoon Dennis Anthony Uy has long been known for investing back in his hometown of Angeles, so it’s perhaps no surprise that he is taking an interest in the massive developments taking shape nearby. Ther…
DA pushes higher tariffs on select meat products
MANILA, Philippines — The Department of Agriculture (DA) aims to impose additional tariffs on certain meat products and chicken curry to protect the Philippine agriculture sector. Through Department Order No. 24, the agency requests the Bur…
DA boosts mushroom industry with Silang enoki project
MANILA, Philppines — The Department of Agriculture (DA) is backing Filipino-owned Basic Necessity Inc.’s investment to expand local enoki mushroom production and cut import dependence. The DA said the company’s highly automated enoki facili…
SC ruling on boat monitoring may harm fisheries sector
MANILA, Philippines — The Supreme Court’s (SC) decision to uphold a 2021 ruling declaring the monitoring of commercial fishing vessels unconstitutional could undermine the competitiveness of the Philippine fisheries sector, according to Oce…
LGUs allowed to use 20% development funds for energy projects
MANILA, Philippines — Local government units (LGUs) may use 20 percent of their development funds for energy projects during the national energy emergency but cannot cover regular fuel or operating expenses. Under a joint memorandum circula…
ICTSI connects Rio terminal to more Brazilian markets
MANILA, Philippines — Global ports operator International Container Terminal Services Inc. (ICTSI) is linking its terminal in Rio de Janeiro to seven more Brazilian ports through a regular Norcoast service. ICTSI said Rio Brasil Terminal (R…
BSP tightens cash access for banks to address payment delays
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) plans to expand banks’ and other eligible financial institutions’ access to short-term liquidity to ensure payments are settled without delays, especially outside regular system ho…
ACEN H1 net income spikes to P3.9B
MANILA, Philippines — ACEN Corp., the listed power arm of the Ayala Group, saw its earnings in the first semester soar by over fivefold fueled by robust generation growth and energy sales. On Tuesday, the renewable energy producer said its …
RCR H1 profit jumps 44% to P4.95B
MANILA, Philippines — Gokongwei-led RL Commercial REIT Inc. (RCR) reported a 44 percent increase in its first-half earnings as recent asset infusions and high occupancy boosted its performance On Tuesday, RCR said it booked an unaudited net…