NFA Overhauls Rice Auction System for Faster Process
The National Food Authority is implementing adjustments to its rice auction system to accelerate bidding cycles, increase participation, and improve overall efficiency for 2026 operations.
Category : Business
Lapu-Lapu Job Fair Hires Over 300 On-the-Spot in 2026 Event
The Lapu-Lapu City government's Pre-Valentine's Day Job Fair 2026 resulted in over 300 applicants hired immediately, with 323 securing urgent jobs from 1,469 vacancies across 23 companies.
Cebu Transit Delays: CBRT Stalls, Subway Hopes Amid Funding Crisis
The Cebu Bus Rapid Transit project faces a 12-year delay and World Bank withdrawal, while a proposed Metro Cebu Subway offers hope but raises feasibility questions.
FAST Logistics Advocates Forward Stocking for Supply Chain Resilience
FAST Logistics Group calls on Philippine businesses to implement a Forward Stocking Strategy, positioning inventory closer to customers to combat typhoon disruptions and infrastructure challenges.
Lapu-Lapu Job Fair: 323 Hired on the Spot in Pre-Valentine Event
A Pre-Valentine's Day job fair in Lapu-Lapu City resulted in 323 out of 744 applicants being hired immediately, with Mayor Cindi Chan praising its impact on families and Peso highlighting employer participation.
ASEAN Travel Exchange in Cebu Yields P1.44B Sales Leads
The ASEAN Travel Exchange 2026 in Cebu attracted nearly 300 international buyers, resulting in P1.44 billion in initial sales leads and reinforcing the Philippines' role as a key tourism hub in Southeast Asia.
Private Wealth Investors Shift to Selective Strategy for 2026
Metropolitan Bank & Trust Co. reports high-net-worth clients are focusing on specific markets and assets, moving away from broad bets, with equities leading growth and alternatives gaining traction.
Quanzhou-Cebu Direct Flights Resume March 29 via Xiamen Airlines
Xiamen Airlines will restart direct flights between Quanzhou and Cebu on March 29, 2026, operating twice weekly to boost China-Philippines travel and business links amid rising demand.
Cebu Tourism Targets India, Australia After Chinese Decline
Cebu tourism operators are intensifying efforts to attract Indian and Australian travelers to offset the sharp drop in Chinese tourists, leveraging improved air connectivity and market-specific packages.
US Importers, Consumers Paid 90% of 2025 Tariff Costs
A Federal Reserve Bank of New York study shows that nearly 90% of tariffs imposed by the Trump administration in 2025 fell on US importers and consumers, not overseas exporters.
Davao Oriental to Reopen Aliwagwag Falls Eco Park
The Provincial Government of Davao Oriental is preparing to reopen Aliwagwag Falls Eco Park, focusing on tourism revival and economic recovery in Cateel after closures due to earthquakes and COVID-19.
Japanese Shrimp Farm in Davao Uses Nanobubble Tech
ABC FARM LLC, a Japanese-led venture in Governor Generoso, Davao Oriental, plans to expand vannamei shrimp production using nanobubble technology, potentially hiring more workers and exploring grouper fish farming.
Davao Wage Review Continues Amidst Labor and Management Talks
The Regional Tripartite Wages and Productivity Board-Davao is still reviewing proposals for a potential wage increase, with no final decision yet. Recent public hearings involved labor and management discussions, but domestic workers were absent, promptin
Valentine's Day Spending Shifts with Inflation Impact
Rising costs reshaped Valentine's Day spending in 2026, with flower vendors in Cebu seeing higher earnings due to increased prices, while chocolate purchases in Japan declined as inflation and cocoa price surges led many women to cut back on gifts.
Palay Prices Rebound After Philippines Halts Rice Imports
Farmgate prices of palay in the Philippines have started to recover following a four-month government import halt, with dry palay rising to P21.52/kg and fresh palay to P18.42/kg as of January 30, 2026, after a decline in 2024-2025 due to excessive import
Manila Subway Right-of-Way 100% Complete by June
Acting Transportation Secretary Giovanni Lopez announced that the right-of-way acquisition for the Metro Manila Subway Project is 90.92% complete and on track for full completion by June, with construction already underway at key stations.
New DMW Rules Speed Up Justice for OFWs
The Department of Migrant Workers has introduced new adjudication rules to decentralize hearings, enable electronic filing, and ensure faster case resolutions for overseas Filipino workers nationwide.
Palay Prices Rebound After Rice Import Halt in Philippines
Farmgate prices of unhusked rice in the Philippines have increased after a four-month import suspension, with the Department of Agriculture citing excessive imports as a key factor in previous price declines.
PDIC Supports Senate Bill to Strengthen Deposit Insurance
The Philippine Deposit Insurance Corporation endorses Senate Bill No. 1667, which aims to amend its charter to enhance depositor protection and financial stability through expanded coverage and faster claims processing.
Ayala Warns of Spinneys Job Scam in Philippines
Ayala Corporation alerts the public to fraudulent online accounts using the Spinneys brand name to run 'jobs for investment' scams tied to its Philippine expansion plans.
Davao City Enforces Transport Permits for New Services
Davao City mandates permits and transport studies for all transport initiatives, flagging Green GSM for alleged violations while accrediting RideIT. The move aims to ensure compliance and evidence-based planning in urban mobility.
Davao Travel Sale Offers Antarctica, Central Asia Packages
The 16th Davao Mega Travel Sale introduces Antarctic expeditions and Central Asian Silk Road journeys to Mindanao travelers for the first time, with 27 exhibitors offering competitive discounts and flexible payment options.
LGBTQ+ Couple's Journey: Love and Business Success
Venz and Venus built Ven's Kitchen in Moalboal, Cebu, starting with a four-table eatery in 2016. Overcoming financial struggles, a pandemic, and a typhoon, they rebuilt with faith and love, now employing 13 staff and inspiring with their story of resilien
Philippine Banks' NPL Ratio Drops to 3.08% in December 2025
The non-performing loan ratio of Philippine banks improved to 3.08% in December 2025, the lowest since August 2020, driven by central bank rate cuts and holiday spending.
First Woman Leads Mandaue Chamber of Commerce in Historic Move
Barbara 'Bambi' Gothong-Tan has been inducted as the first female president of the Mandaue Chamber of Commerce and Industry, marking a milestone in its 60-year history. She succeeds Mark Anthony Ynoc and outlines plans for member engagement and growth.
Business Groups Push for Tougher Anti-Dynasty Law in Philippines
Thirty business and civil society organizations, including the Philippine Chamber of Commerce and Industry, urge Congress to pass a genuine Anti-Political Dynasty Law, criticizing the current House Bill 6771 as insufficient and warning of corruption risks
Danao Bridge Repairs Start After Budget Reprogramming
The rehabilitation of two damaged bridges in Danao City is set to commence soon after the Office of the President and DPWH agreed to reprogram the 2026 budget, following a formal complaint by Mayor Ramon Durano III.
Power Restored in Aklan After NGCP Infrastructure Repair
The National Grid Corporation of the Philippines has successfully normalized power transmission in key areas of Aklan Province following the repair of critical infrastructure, including the energization of a new underground cable.
SHFC Offers Legal Help to Victims of Illegal Pampanga Housing
The Social Housing Finance Corporation will provide legal assistance and coordinate with government agencies for victims of an unregistered housing project in Magalang, Pampanga.
Marcos Inaugurates Mahayag Dam for Mindanao Agriculture
President Ferdinand R. Marcos Jr. led the inauguration of the Mahayag Dam Project on February 12, 2026, enhancing irrigation and flood control for over 8,100 hectares of farmland in Zamboanga del Sur.
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