Cosiquien charts own path as home builder
MANILA, Philippines — It was in a quaint, family-owned hardware store in Libertad that a young Michael Cosiquien got his start in construction. It was decades before becoming one of the Philippines’ wealthiest tycoons and cofounder of a maj…
Changing a life can cost less than a secondhand car
MANILA, Philippines — In a remote barangay in Cebu, a mother ran out of ways to help her 16-year-old son. He had tantrums that frightened her. He hurt himself. Sometimes he hurt the people around him. She knew he needed therapy—the kind of …
Positioning the Philippines for the next cycle of global capital
MANILA, Philippines — Southeast Asia had a strong year for foreign investment in 2025, with regional inflows passing $240 billion, up from roughly $222 billion. According to the United Nations Trade and Development’s figures, the Philippine…
Philippines tax revenue goal ‘ambitious,’ says BMI
The Philippine government’s tax revenue target appears “ambitious,” with value-added tax collections estimated to rise by 12.8 percent to P860 billion next year even without introducing major tax reforms, according to…
Pinoy workers want more despite salary satisfaction – survey
Most Filipinos said they were fairly paid, but only six in 10 workers said they were satisfied with their current pay, according to a survey conducted by Jobstreet by SEEK.…
Garin: Middle East oil firms eye investing in PH
MANILA, Philippines — Industry players from the Middle East have signified interest in investing in the Philippines’ oil storage facilities, Energy Secretary Sharon Garin said on Thursday. “They’re willing to store their crude oil, for exam…
Finance chief counters ‘fake news’ on Pax Silica
MANILA, Philippines — Finance Secretary Frederick Go pushed back against “fake news” surrounding the Philippines’ planned participation in the Pax Silica initiative, citing the “once-in-a-lifetime” opportunity to establish a high-tech manuf…
Visa, UMSI roll out phone-based card payments for SMEs
Visa has partnered with USSC Money Services Inc. to roll out a new payment solution that allows small businesses to accept contactless card payments directly through smartphones without buying or renting traditional point-of-sale …
More Manila-Istanbul flights on the way
Filipinos can expect more flight options to Turkey following the signing of a new deal between Manila and Istanbul for additional air seats.…
Coins.ph teams up with Bayad
Digital asset platform Coins.ph is expanding its payments business through a partnership with Bayad that will nearly double the number of billers available on its app and reduce reliance on third-party payment aggregators.…
Borderless banking
Picture a nurse finishing a night shift in a Los Angeles hospital, checking her phone in the parking lot before she drives home, or an engineer in Silicon Valley, stepping out of a meeting to send money before the exchange rate shifts again…
Move before the fog clears
Many adults are not hindered by a lack of talent, but rather by a discomfort with uncertainty.…
How to turn waste into power sources
Rockefeller Farm has dedicated a portion of its seven-hectare land for a dome-like structure.…
SMC expands urban farms beyond Luzon
Diversified conglomerate San Miguel Corp. is expanding its urban farm initiative beyond Luzon as it recently established its first backyard farm site in the Visayas to support local food security.…
Food exporters dig deep to capitalize on ube rush
As the Philippines rushes to capitalize on the surging global appetite for its iconic purple root crop, food processors are pushing to secure high-quality ube (purple yam) materials for processing and export.…
Government mulls higher profit share in Semirara coal deal
The Marcos administration is weighing a larger share of proceeds from the new contract covering the Semirara coal mine in Antique, as the auction process faces further delays.…
BIR clarifies rules on early PERA withdrawals
The Bureau of Internal Revenue has clarified the rules on early withdrawals from Personal Equity and Retirement Accounts, noting that the 20 percent penalty will apply only to income attributable to the portion actually withdrawn.…
‘Lack of long-term goals hinders Philippines growth’
The country’s economic growth could have accelerated further had the government consistently funded big-ticket infrastructure projects across different administrations, an economist said.…
DITO bestows inaugural BizBayani Awards to 5 outstanding MSMEs
DITO bestows inaugural BizBayani Awards to 5 outstanding MSMEs The Manila Times…