Cesar Chavez

NEW BUSINESS INVESTMENTS IN MANILA HIT P3.3-BILLION DESPITE GLOBAL OIL SHOCK

NEWS ALERT: Manila City Mayor Isko Moreno said business activity in the nation's capital remained remarkably strong through the first five months of 2026, with new business registrations surging year-on-year and total new business investment reaching P3.303 billion.

This is even as the ongoing US-Iran war roils the global economy and pushes fuel prices to historic highs across the Philippines.

Data presented by Bureau of Permits director Levi Facundo showed that in the three months following the outbreak of war on February 28, 2026, Manila recorded some of its strongest business registration figures in recent history.

Full story in the comments.

NEWS ALERT: As of 7:00 PM on Monday, June 1, the Senate remained without a quorum as not a single member of the majority bloc had appeared in the plenary—leaving only the minority bloc present, who posed for a photo on the Senate floor.

The session has yet to start, as the majority bloc stays away on the same day Senator Jinggoy Estrada surrendered to PNP-CIDG authorities following the Sandiganbayan’s issuance of a no-bail arrest warrant against him for plunder.

(📸: Office of Senator Risa Hontiveros)