A decision on plans for 85 homes has been delayed, sparking concerns a council is “spoon-feeding” developers on the information it requires.
Oct 15, 2026
MANILA, Philippines — Sun Life Investment Management and Trust Corp. (SLIMTC) will exit the trust products business as it undergoes a “planned and orderly transition,” Sun Life Philippines announced on Wednesday. According to Sun Life, the decision came after a “review of the company’s businesses and strategy in the Philippines,” with Sun Life Special Adviser to
MANILA, Philippines — Food is the foundational driver of economic growth: it builds human capital, powers labor productivity, and mitigates healthcare costs. Meeting today’s economic challenges requires more than just producing higher output volumes. It demands food systems that can withstand disruptions while adapting to evolving consumer needs. This shift is unfolding rapidly across Asia, where
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is adopting a new capital requirement for banks to ensure they hold enough funds to cover potential operational losses, aligning local prudential standards with international norms. Under Circular No. 1241, dated Oct. 9, the central bank adopted the Basel III New Standardized Approach (NSA), which banks will
MANILA, Philippines — The Bureau of Internal Revenue (BIR) has mandated electronic invoicing service providers (ESPs) to obtain a five-year accreditation and has implemented measures to prevent excessive fees and vendor lock-in. Under Revenue Memorandum Circular No. 110-2026, the BIR mandates that ESPs secure accreditation before they can deploy electronic invoicing solutions commercially, and it will
MANILA, Philippines — State-run National Power Corp. (Napocor) hopes to secure regulatory approval to collect P10.82 billion from on-grid electricity consumers to support service to additional remote areas through new power providers. In its filing with the Energy Regulatory Commission (ERC), the state-run company seeks an additional P0.0939 per kilowatt-hour (kWh) in the universal charge for
MANILA, Philippines — Toyota Motor Philippines Corp. warned that nearly a month of flooding in Thailand could disrupt shipments of some of its imported vehicles. Since mid-September, floods have inundated parts of Thailand, resulting in at least 71 deaths and disrupting operations at several automakers and parts manufacturers. This disruption includes Toyota’s three manufacturing plants
MANILA, Philippines — The Department of Agriculture (DA) has disputed corruption allegations over a blocked rice shipment from Vietnam, saying the agency itself ordered its cancellation even though the vessel was already en route to the Philippines. Agriculture Secretary Francisco Tiu Laurel Jr. said his office ordered the Bureau of Plant Industry (BPI) to cancel
MANILA, Philippines — The strong El Niño and unfavorable weather conditions threaten to reduce the country’s palay (unmilled rice) and corn output by more than 10 percent in the third quarter of 2026. The Philippine Statistics Authority (PSA) estimates that palay production will reach 3.10 million metric tons (MT) from July to September, marking a 17.2
He thanks constituents, asks, 'Where to next?'
As the Chinese saying goes, “Even an upright judge finds it hard to settle family matters.” Whenever Chinese TV channels air reality shows that centre on couples or parent-child relationships, controversy is guaranteed. Heated debates ensue over who is right and who is wrong. Viewers examine every facial expression in microscopic detail and overanalyse every word before arriving at their verdict. Yet, that wasn’t the case with Zhang Jiaqi after the Olympic diving medallist and her mother, Xiao...
MANILA, Philippines — Bicol Saro party-list Rep. Terry Ridon has asked whether Vice President Sara Duterte’s husband Manases Carpio considers himself an oligarch, as the reason that he gave for huge sports apparel purchases—supporting basketball teams—is often reserved for big business players. Ridon, in an interview on the sidelines of Duterte’s impeachment trial, maintained that
'We should be confident in our national language while also embracing other languages.'