PH External Trade Hits Record High in March 2026
Philippines' total external trade rose 15.3% to $20.85B in March 2026, the highest since 1991, driven by strong exports and imports.
Category : Business
Digital Economy Accounts for 9.8% of Philippine GDP in 2025
The digital economy contributed 9.8% to the Philippine economy in 2025, generating P2.74 trillion in GVA and employing 10.39 million Filipinos, according to PSA data.
Visa, BPI Launch Real-Time Cross-Border Payment Service
Visa Inc. partners with BPI to launch Visa Direct, enabling real-time outbound transfers to bank accounts, cards, and digital wallets worldwide for Filipino consumers and MSMEs.
Opascor Union Marks First Independent Labor Day with Reforms
Ostra-Union celebrated its first Labor Day as an independent union, cutting monthly dues in half and launching a cooperative loan program, while preparing for CBA negotiations.
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Two Jeepneys Collide in Cebu City, Several Injured
Two traditional jeepneys collided in Cebu City on May 1, 2026, due to traffic signal violations, injuring several passengers who were taken to the hospital.
4.7M Workers Benefit from Wage Orders
DOLE reports 4.7 million workers benefited from 2025-2026 wage orders, with increases from P20 to P100. Nearly 8.8 million more may benefit from wage distortion corrections.
PhilHealth Expanded Maternity Benefits Now in Effect
PhilHealth reminds the public that expanded maternity benefits are now in effect, covering higher payments for deliveries and new antenatal diagnostics.
42 Ex-VTI Workers File Coercion Charges vs Officials
42 former Vallacar Transit Inc. employees filed grave coercion complaints against company officials, alleging forced dismissal amid a family ownership dispute.
RCBC Wins 3 Awards at RBI Asia Trailblazer Awards 2026
Rizal Commercial Banking Corporation (RCBC) secured three awards at the RBI Asia Trailblazer Awards 2026 and ranked among top Philippine firms in TIME-Statista's Asia-Pacific Best Companies list.
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Court Denies Bid to Stop Carbon Market Redevelopment
A Cebu City court has rejected a vendor group's bid to halt the redevelopment of Carbon Public Market, allowing the joint venture with Megawide to proceed.
Truck driver, friend held for pickpocketing Canadian
A truck driver and his friend were arrested for pickpocketing a Canadian national in Cebu City. The suspects denied involvement but were detained at Mabolo Police Station.
Third Drug Bust: Ex-Painter Arrested Again in Dalaguete
A 38-year-old former painter was arrested for the third time in a buy-bust operation in Barangay Obong, Dalaguete, Cebu. Police seized 1.2 grams of shabu worth P8,160.
Cebu Workers Demand P1,200 Minimum Wage
Labor groups in Cebu, led by AMA Sugbo-KMU, protested at DOLE 7 demanding a P1,200 national minimum wage and the repeal of oil and tax policies.
Top Line gets SEC, PSE nod for P1.5B share offer
Top Line Business Development Corp. received SEC and PSE approvals for a P1.5 billion perpetual preferred shares offering to fund vertical integration.
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Private transport initiative offers free rides, fuel subsidies
A private-led transport program provides free shuttle services and fuel subsidies to employees and jeepney drivers in Metro Manila and Cebu, with nearly P100 million allocated for 2026.
Cebu Furniture Exporter Launches Local Showroom
The 88 Floor Gifts Inc. opens Mesa Well Philippines showroom in Cebu, shifting from exports to domestic sales amid rising local demand and design-conscious consumers.
Cebu Labor Groups Push for P1,200 Minimum Wage
Cebu-based labor groups call for a P1,200 national minimum wage, citing insufficient current wages amid rising costs of living, ahead of Labor Day protests.
Tax Incentives Proposed for Worker Wellness Programs
Senator Imee Marcos files bill offering tax credits to companies investing in employee health and wellness to boost productivity.
Emirates Installs Starlink on A380 for Fleet Connectivity
Emirates completes Starlink installation on an Airbus A380, boosting bandwidth to 2 Gbps for passenger internet across all classes, with fleet-wide rollout continuing.
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Lapu-Lapu City, BOI Partner to Attract More Investments
Lapu-Lapu City has partnered with the Board of Investments to streamline regulations, shorten processing times, and boost investor confidence in this key Cebu economic hub.
DOLE Offers Nearly 200K Jobs in Labor Day Fairs
Nearly 200,000 jobs await jobseekers at nationwide Labor Day job fairs on May 1, 2026. Workers groups also demand a P200 wage hike amid rising costs.
Cebu Business Month 2026 Launches Amid Global Uncertainties
CBM 2026 was launched to strengthen Cebu's investment and business collaboration, with organizers emphasizing resilience and inclusive growth amid geopolitical tensions.
P13.6M Shabu Seized, HVI Arrested in Zamboanga
Police and military operatives arrested a high-value drug suspect and seized P13.6 million worth of shabu in Zamboanga City. The suspect, alias Kakah, is now detained facing drug charges.
BSP: April 2026 Inflation May Hit 5.6-6.4% on Rising Costs
The Bangko Sentral ng Pilipinas projects April 2026 inflation at 5.6-6.4%, driven by higher fuel, food, and electricity prices, plus peso depreciation.
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Bills Propose P50,000 Minimum Salary for All Teachers
House Bills 8968 and 8969 aim to set a P50,000 minimum monthly salary for private school and state university teachers, ensuring a dignified living wage for all Filipino educators.
NIA turns over solar irrigation project to farmers
The National Irrigation Administration turned over a solar pump irrigation project to farmers in Buug, Zamboanga Sibugay, covering 30 hectares and benefiting 18 farmers.
DOLE, NCMB Sign MOU on Alternative Dispute Resolution
DOLE and NCMB signed an MOU on Alternative Dispute Resolution to prevent labor disputes from escalating, empowering local PESO managers and job placement officers.
Samal Installs Generator at Talicud Island Polyclinic
The Island Garden City of Samal installed a power generator at Talicud Island Polyclinic to ensure uninterrupted healthcare services amid unstable electricity.
DSWD-Davao Gives P14.9M to Tricycle Drivers
DSWD-Davao distributed P14.9 million in cash relief to 2,985 tricycle drivers in Davao de Oro, aiming to ease financial burden amid oil price hikes.
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Bus Firm Ordered to Pay for EDSA Flyover Fire Damage
The DPWH has ordered LS8 Tourist Transport Corporation to cover all repair costs for the EDSA-Ortigas flyover damaged by a bus fire on April 24.
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