Economy

Read more about the article ACT flags P107.4-B flood-control allocation amid 160,000-classroom gap nationwide 
Photo Courtesy of PNA

ACT flags P107.4-B flood-control allocation amid 160,000-classroom gap nationwide 

MANILA, Philippines — The Alliance of Concerned Teachers (ACT) Philippines is urging lawmakers to remove a proposed P107.4-billion flood-control allocation from the 2027 national budget and redirect it to address…

Continue ReadingACT flags P107.4-B flood-control allocation amid 160,000-classroom gap nationwide 
Read more about the article Pax Silica may bring billions, but not Filipino industries, IBON says

Pax Silica may bring billions, but not Filipino industries, IBON says

MANILA, Philippines — The Pax Silica Initiative, a United States semi-conductor and artificial intelligence (AI) supply chains, could bring high-tech industries and foreign investments, but without building a Filipino-owned industrial…

Continue ReadingPax Silica may bring billions, but not Filipino industries, IBON says
Read more about the article Ateneo de Zamboanga declares Aug. 19 ‘A Day of Mourning and Prayer’
Photo Courtesy of the City of Zamboanga FB Page

Ateneo de Zamboanga declares Aug. 19 ‘A Day of Mourning and Prayer’

Davao City, Philippines – Ateneo de Zamboanga University declared Wednesday, Aug. 19, a day of mourning and prayer after a shooting at its Junior High School campus left two people…

Continue ReadingAteneo de Zamboanga declares Aug. 19 ‘A Day of Mourning and Prayer’
Read more about the article Davao officials warn of 4 to 5 year power reserve window, push for new generation facilities
(Photo courtesy of National Power Corp.’s website)

Davao officials warn of 4 to 5 year power reserve window, push for new generation facilities

DAVAO CITY, Philippines – Mindanao needs additional power generation facilities to meet growing demand, with current reserves sufficient for only another four to five years, according to warnings raised during the…

Continue ReadingDavao officials warn of 4 to 5 year power reserve window, push for new generation facilities
Read more about the article Soaring electricity rates in Davao prompt calls for EPIRA review 
SOARING RATES. Residents in Davao City brace for the recent increase of electricity rates at 34.8% implemented by Davao Light Power Corporation, Inc. seven months earlier. Consumer advocates and city officials are calling for an EPIRA review.  Photo taken July 29, 2026. (DAVAO TODAY Photo/Kath Cortez)

Soaring electricity rates in Davao prompt calls for EPIRA review 

DAVAO CITY, Philippines — Residential electricity rates in Davao surged 34.8 percent over seven months, sparking renewed demands from consumer advocates and city officials to overhaul the nation's power industry…

Continue ReadingSoaring electricity rates in Davao prompt calls for EPIRA review