Insurance sector posts strong growth in 2024

The Philippine insurance industry reported robust performance in 2024, with double-digit growth across key metrics, according to year-end data from the Department of Finance (DOF). Benefit payouts rose 18.97% to P160.33 billion ($2.86 billion), driven by an increase in claims.…

Phl construction permits drop 14.6%, values jump 26%

The Philippine construction industry presented contrasting trends at the start of the year, with a significant drop in building permits but strong growth in construction value and floor area, according to preliminary data released by the Philippine Statistics Authority (PSA).…

Watchdog warns against toxic Roblox-inspired toy

Toxics watchdog BAN Toxics is warning parents and children against buying a Roblox-inspired toy found to contain dangerous levels of lead and other hazardous chemicals. In a recent market monitoring activity, the group purchased a mini-action figure from a Quezon…

Business over politics

In the age of social media, where outrage spreads faster than facts, it is all too easy to misinterpret statements and vilify individuals without fully understanding their context or intent. Such is the case with the recent uproar surrounding the…