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News
Kalayaan 2 wind project seen operational by July 2026
1+ day, 1+ hour ago (285+ words) THE Kalayaan 2 Wind Power project, which was expedited by the green lane permitting system, is on track to begin commercial operations in July 2026, the Board of Investments (BoI) said. BoI Investment Assistance Service Director Ernesto C. Delos Reyes, Jr. said the…...
Nissan extends support to Mindanao earthquake-affected communities
1+ day, 12+ hour ago (193+ words) In response to the earthquake that affected communities across Mindanao in June 2026, Nissan Philippines, Inc. (NPI) expresses its solidarity with the Filipino people by extending its support to the Philippine Red Cross and the Angat Buhay Foundation, aiding families as…...
Two-thirds of Gaza may face acute hunger by year-end despite improvements, global food monitor says
1+ day, 20+ hour ago (444+ words) GENEVA — More than two-thirds of Gazans could face acute hunger by the year-end as humanitarian agencies cut aid flows due to funding shortages, a global hunger monitor said on Wednesday. The latest assessment by the Integrated Food Security Phase Classification…...
Philippines accuses China of using water cannon on its vessels for a second day
1+ day, 23+ hour ago (367+ words) MANILA/BEIJING — The Philippine Coast Guard on Friday accused its Chinese counterpart of firing water cannon at government vessels near a disputed shoal for a second day, in the third confrontation between the two countries in the South China Sea…...
La Likha turns Filipino textiles into sustainable furniture
2+ day, 1+ hour ago (497+ words) The furniture brand La Likha was established in March as the furniture design arm of Licup Architects, with the goal of combining architecture, functionality, and Filipino cultural heritage through locally sourced materials, La Likha founder and architect Zion Enrico R. Licup…...
Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100
2+ day, 2+ hour ago (944+ words) DUBAI — US President Donald Trump promised “major military punishment” for Iran and its Houthi allies on Thursday after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending the Middle East war to a second major shipping…...
US Education Department removes key rules against discrimination
2+ day, 2+ hour ago (304+ words) WASHINGTON — The US Education Department said on Thursday it was removing several “disparate impact” regulations, which for decades have prohibited policies and practices with discriminatory impacts that are often unintended. Sixty civil rights and education groups issued a statement on…...
Philippine peso falls to fresh record low vs US dollar
2+ day, 2+ hour ago (167+ words) The Philippine peso dropped to a new record low as oil prices climbed, putting pressure on the central bank to step up its defense of the currency. The peso declined 0.2% to 61.84 per dollar on Friday, falling past the previous all-time…...
Metrobank says eSavings account in demand among Gen Zs, Millennials
2+ day, 12+ hour ago (204+ words) METROPOLITAN Bank & Trust Co. is seeing strong adoption of its online savings accounts among young Filipinos, reflecting growing preference for digital banking products. Gen Zs and Millennials now account for more than 87% of all Metrobank eSavings accounts opened since the…...
GCash future-proofs MSMEs with customer-first payment innovation
2+ day, 12+ hour ago (557+ words) The Philippines is steadily becoming a digital payments nation. According to the Bangko Sentral ng Pilipinas (BSP), 57.4% of retail payment transactions by volume were made digitally in 2024, up from 52.8% in 2023 and 42.1% in 2022. With the BSP targeting a digital payment share…...