Day: November 6, 2025

Nairobi: The Philippine Commission on Women (PCW) has hailed the University Athletic Association of the Philippines’ (UAAP) decision to standardize the pay of referees officiating both men’s and women’s basketball divisions as a step toward gender equality in Philippine sports. According to Philippines News Agency, the PCW stated that the UAAP’s decision aligns with Philippine laws and policies that mandate equal pay for equal work, emphasizing that it is the ‘right and lawful action’ under the Magna Carta of Women (Republic Act 9710). The policy shift came after advocacy efforts from several groups, including the female athlete advocacy organization ‘Go

Nairobi: The Philippine Sports Commission (PSC) has realized its vision of establishing a regional training center for national boxers as part of a strategic move to decentralize athlete development across the country. According to Philippines News Agency, a memorandum of agreement was signed between the PSC and the Bukidnon provincial government, designating the Bukidnon Sports and Cultural Complex as the premier training ground for elite Filipino boxers in Mindanao. The 13-hectare facility, located in Malaybalay, boasts amenities such as an eight-lane track and field oval, a football field, Olympic-size swimming and diving pools, a 15,000-seat stadium, and a 3,000-seat indoor

Manila: Philippines-based start-ups remain small relative to their counterparts around the world, but authorities are optimistic that with the right boost, these companies will eventually grow and contribute to the domestic output. Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan, in an interview after the 2025 Presidential Filipinnovation Awards in Pasig City Thursday, said the five winners of the first innovation awards of the government already got a boost through their cash awards and grants that amount to a few hundred thousand to over a million pesos as well as the recognition of their business plans. According to

Manila: Acceptance of more Filipinos, especially the younger generation, of the use of digital payments makes an official of the Bank of the Philippine Islands (BPI) optimistic for a sustained rise in its mobile payment application users to about 5 million by 2026. To date, the number of users of BPI’s digital wallet, VYBE, has reached about 2.3 million. According to Philippines News Agency, Eric Faustino, head of Digital Partnerships and Ecosystems of BPI, said they target to end 2025 with 2.5 million users and to double this by next year. He noted that BPI has gained a considerable number

Manila: Port operations helped boost International Container Terminal Services, Inc.’s (ICTSI) revenues in the first nine months of 2025 to USD2.34 billion, up 16 percent on an annual basis. According to Philippines News Agency, in a disclosure with the Philippine Stock Exchange (PSE) Thursday, ICTSI reported that the net income attributable to equity holders during this period reached USD751.56 million. This financial growth has been attributed to a ‘focus on prudential financial management and delivering value for our shareholders.’ Enrique Razon Jr., ICTSI’s Chair and President, remarked, ‘ICTSI’s excellent performance in the first nine months of 2025 is a testament