Gold from the Philippines is mostly mined by hand—but rarely traded above board. With about 500,000 artisanal and small-scale gold miners (ASGM) producing 70% of the country’s gold, formalizing this fragmented sector remains a political, legal, and environmental quagmire. Research conducted by the World Gold Council in early 2025 highlights how underregulated gold processing plants […]

Filipinos are turning more frequently to digital lending platforms, with users spending an average of 12 minutes and 14 seconds per month on such apps in 2024, according to a report released on May 6 by financial technology firm Digido. The report found that consumers collectively logged about 1.54 billion seconds on lending apps last […]

The Philippine economy started 2025 with a robust 5.4% year-on-year growth in the first quarter, a clear sign of resilience despite ongoing global uncertainties. While this marks a solid performance, it fell short of the 5.7% forecasted by analysts. Nonetheless, the result reflects a broad-based recovery that continues to gain traction across key sectors, from […]

Countdown to 2025 CICEE This May, the global construction machinery spotlight will once again shine on Changsha, China. As the 4th Changsha International Construction Equipment Exhibition (2025 CICEE) enters its countdown, the city—known as the “Capital of Construction Machinery”—is fully primed to welcome the world. Spanning 300,000 square meters, the exhibition will host 1,650 Chinese […]

Philippine government officials and executives from Japan’s Mitsubishi Corporation broke ground on a major power substation for the Metro Manila Subway on May 5, marking a critical step in the delayed infrastructure project. Transportation Secretary Vivencio “Vince” Dizon, Valenzuela City Mayor Weslie “Wes” Gatchalian, and Mitsubishi representatives led the ceremony for the Bulk Supply Substation […]

From May 15 to 18, the Changsha International Convention and Exhibition Center in Hunan will host the 2025 Changsha International Construction Machinery Expo, a major event for the global construction machinery industry. Also known as the Changsha International Construction Equipment Expo, CICEE refers to the same event, with “machinery” highlighting the heavy-duty machines on display […]

The first electric jeepney (e-jeepney) assembled in the Philippines has rolled off the production line following the inauguration of a new manufacturing plant by the LCS Group of Companies and its South Korean partner, Electric Mobility ON (Emon), a firm led by Korean automotive experts. The factory, located in the Lima Technology Center Special Economic […]

The Subdivision and Housing Developers Association (SHDA) is celebrating its 55th anniversary with a renewed call for systemic housing reform, as the Philippines confronts a growing backlog of more than 6.5 million units. The milestone event, set for May 20, 2025, at Marquis Events Place in Bonifacio Global City, Taguig, underscores the association’s continued relevance […]

After three successful editions, the Changsha International Construction Equipment Exhibition (CICEE) has evolved into a premier global industry event. It integrates international forums, global competitions, cutting-edge technology exchanges, and showcases the latest achievements of enterprises worldwide. The 2025 CICEE will be held from May 15 to 18, 2025, at the Changsha International Convention and Exhibition […]

As digital connectivity reshapes the way we live and work, businesses must adapt to meet the growing demand for speed, efficiency, and real-time access. LBC Express, a stalwart in the Philippines’ logistics and remittance sector, has not only kept pace with this shift but has emerged as a leader, offering innovative services that cater to […]