A new report from Singapore-based fintech firm ROSHI has raised alarms about the growing credit card debt crisis in the Philippines, with consumer debt reaching levels described as “critical.” According to the findings, Filipino cardholders are carrying an average balance of S$2,092, while the typical monthly income is just S$492.26. This results in a staggering […]

Today, June 30, the country marks Philippine–Spanish Friendship Day, a commemoration of compassion, mutual respect, and an extraordinary chapter in shared history. The law behind this annual event—Republic Act No. 9187, authored by the late senator Edgardo J. Angara—was inspired by a wartime episode that quietly transformed enmity into empathy: the Siege of Baler, a […]

While South Korea turned long-term cultural investment into global soft power, the Philippines failed to match vision with infrastructure. In the late 1980s, as French cinema sparked late-night conversations among young artists in Seoul, a similar scene was unfolding in Manila. The Goethe-Institut was hosting film workshops that captured the social and political turbulence of […]

Hotel101 Global Holdings Corporation became the first Filipino-owned company to be listed and traded on the Nasdaq, debuting with an Opening Bell ceremony in New York on Friday, June 27. Now trading under the ticker “HBNB,” the tech-driven hospitality platform is built for global scale, offering standardized hotel units through a proprietary, asset-light model. The […]

The Philippines has joined 67 jurisdictions—including 10 in Asia—in committing to the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) by 2027 or 2028, marking a major step toward regulating digital assets and curbing tax evasion linked to cross-border crypto flows. The Department of Finance (DOF) made the commitment during the 8th […]

Lockheed Martin is tying its offer of F-16 Block 70 fighter jets to a bold plan to boost local jobs, train Filipino workers, and build up the Philippines’ defense industry — a move that could accelerate the country’s push for military self-reliance and high-tech growth. The U.S. defense contractor has proposed setting up in-country maintenance, […]

The number of dollar millionaires in the Philippines has surged by 32% over the past decade, outstripping growth in several advanced economies and regional peers, even as a quiet but notable outflow of wealth begins to take shape. According to Henley & Partners’ Private Wealth Migration Report 2025, the Philippines is now home to 12,800 […]

Every year on June 25, millions around the world celebrate Global Beatles Day—a moment to honor not only the enduring music of The Beatles but also the ideals they stood for: peace, love, and cultural unity. The date commemorates the band’s iconic live performance of “All You Need Is Love” on the BBC’s Our World […]

Philippine cycling just shifted into high gear. On June 23, Tagaytay City officially opened the country’s first Union Cycliste Internationale (UCI)-standard indoor velodrome—a landmark for local sports and a bold stride toward placing the Philippines on the global cycling map. “If you build, they will come,” said Tagaytay City Mayor Abraham “Bambol” Tolentino a few […]

A natural gas seep in Zambales has produced the world’s highest recorded rate of geologic hydrogen emissions, a recent scientific study has found—raising hopes for a new source of clean, renewable energy in the region. The Nagsasa seep, located in San Antonio town, emits an estimated 808 tons of hydrogen annually, according to researchers behind […]