BusinessMirror

Business Mirror is the Philippines' second daily business newspaper, following BusinessWorld. Established in 2005 by T. Anthony Chua Cabangon, who also serves as its publisher, it is part of his media ventures that include the Aliw Broadcasting Corporation radio network.

National, Trade/B2B

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#176650

Philippines

#3204

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Articles

Inflation’s low, trouble’s still high

3 weeks ago | businessmirror.com.ph | john mangun

The Philippine economy is a tightrope walker, juggling low inflation while walking on a wobbly Balance of Payments deficit. All the while, the world situation is throwing rotten tomatoes. As of April 2025, headline inflation stands at a serene 1.4 percent, the lowest since 2019 and trending downward.
PBBM signs law strengthening Early Childhood Care and Development System in PHL

3 weeks ago | businessmirror.com.ph | Samuel Medenilla

President Ferdinand Marcos signed a new law professionalizing child development teachers (CDT) and child development workers (CDW), as well as giving incentives to private companies that will provide support to child development centers (CDC). Under the 18-page Republic Act (RA) No. 12199, those who can qualify for CDT must be a holder of any bachelor’s degree, preferably with units in early childhood education and have passed the Board Licensure Examination for Professional Teachers (BLEPT).
Tagbilaran Bishop urges politicians to properly dispose of their election materials

3 weeks ago | businessmirror.com.ph | Samuel Medenilla

Tagbilaran Bishop Alberto “Abet” Uy called on all candidates in the 2025 National and Local Midterm Elections to properly dispose of their election materials. “To the winners of the elections, we respectfully ask you to collect and properly dispose of your campaign tarps,” Bishop Uy said in an interview with the Radyo Veritas. The prelate also extended the request to the losing candidates by saying they can prove their integrity by helping in the cleaning process.
ERC names 40 GenCos that got SCOs for report lapses

3 weeks ago | businessmirror.com.ph | Lenie Lectura

THE Energy Regulatory Commission (ERC) identified on Wednesday the power generation companies (GenCos) that failed to submit complete fuel purchase documents. The regulator said Thursday it issued 40 show-cause orders (SCOs) to Anda Power Corporation (APC), Angeles Power Inc. (API), Bukidnon Power Corporation (BPC), Calamian Islands Power, Corp. (CIPC), Delta Power, Inc. (DPI), DMCI Power Corp.
Insurance hike studied amid rising road crashes

3 weeks ago | businessmirror.com.ph | Samuel Medenilla

PRESIDENT Ferdinand Marcos Jr. has ordered the Department of Transportation (DOTr) to study the proposal to raise the maximum amount of insurance claims for private vehicles which will be involved in road crashes with public utility vehicles (PUV). “This is for additional protection for all those who may fall victim to negligence or road accidents,” Palace Press Office Claire Castro said in a press briefing in Malacañang on Wednesday.
Comelec tracks millions of hacking tries, DDoS attacks

3 weeks ago | businessmirror.com.ph | Justine Xyrah Garcia

THE Commission on Elections revealed on Wednesday that its websites were targeted by millions of cyberattacks in the days surrounding the 2025 midterm polls. From May 11 to 14, Comelec Spokesperson Atty. John Rex E. Laudiangco said the poll body’s precinct finder platform recorded 1.45 million confirmed hacking attempts, while it also received 23.38 million distributed denial-of-service (DDoS) attacks.
Marcos confident legislative agenda will pass despite mixed Senate results

3 weeks ago | businessmirror.com.ph | Samuel Medenilla

Despite only six of his 12 endorsed senatorial candidates making it to the Magic 12, President Ferdinand Marcos is still confident his legislative agenda will still push through in the 20th Congress, according to Malacañang. He is now also looking forward to the creation of a “legitimate” opposition in the Senate based on the initial results of the 2025 National and Local Elections (NLE).
No extension of SOCE filing, bets told

3 weeks ago | businessmirror.com.ph | Justine Xyrah Garcia

The Commission on Elections (Comelec) has reiterated that there will be no extension for the filing of Statements of Contributions and Expenditures (SOCE) for all candidates in the 2025 midterm elections. Comelec Spokesperson Atty. John Rex Laudiangco on Wednesday reminded national and local candidates that the filing period is strictly 30 days after election day, or until June 11. “There will be no extension.
WESM prices shrink in Q1

3 weeks ago | businessmirror.com.ph | Lenie Lectura

THE Wholesale Electricity Spot Market (WESM) prices in the first quarter of the year went down to P3.68 per kilowatt hour (kWh) from P4.56 per kWh in the same period last year despite increased demand led by higher temperatures in March, the Energy Regulatory Commission (ERC) said. The lower WESM rates resulted in an average of 7.7 percent decline in generation rates nationwide year-on-year.
DENR leads nationwide cleanup of election waste

3 weeks ago | businessmirror.com.ph | Jonathan L. Mayuga

TWO days after the elections, Environment Secretary Maria Antonia Yulo-Loyzaga ordered the Environment Management Bureau (EMB) and its field offices nationwide to lead the collection, repurposing, reusing, and recycling (3R) of campaign materials. Yulo-Loyzaga also directed the DENR-EMB to work with the civic group Green Convergence and other nongovernment partners in reducing the ecological footprint of plastics, posters, and tarpaulins, in particular.