The Philippine economy is seen to grow below target until next year, following the recent slowdown in the third quarter, the International Monetary Fund (IMF) said. In a statement for its Article IV ...
The Public Works department asked lawmakers on Sunday to restore about P45 billion cut from its 2026 budget, warning that the shortfall could slow construction activity and weigh further on an already ...
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EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with the US and as the industry explores new markets. Foreign ...
Italian authorities said on Friday they had arrested 34 “tomb raiders” suspected of looting treasures from archaeological sites in Sicily and the neighboring region of Calabria. The looting of Italy’s ...
THE average farmgate price of dry palay (unmilled rice) rose 6.5% month on month to a national average of P16.92 per kilo in November, the Philippine Statistics Authority said in a preliminary report.
In corruption studies, a field largely unheralded in the Philippines, there is a concept with growing global impact that has not drawn much attention yet in the country: state capture. Corruption ...
THE ENERGY transition cannot come at the expense of consumers, who are being made to pay fees that cut the risk for renewable energy (RE) developers, according to Partners for Affordable and Reliable ...
THE ENERGY REGULATORY Commission (ERC) has proposed P10.3859 per kilowatt-hour (kWh) as the ceiling price to guide participants in the fifth green energy auction round (GEA-5) for offshore wind next ...
THE PHILIPPINES’ largest banks saw the weakest asset growth in over three years in the third quarter as the flood control mess weighed on economic activity.
OUTSTANDING external debt hit a new record of $149.093 billion in the third quarter, up 6.8% from a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported. The third-quarter total was 0.1% ...
BUDGET WATCHDOGS warned that Congress’ rushed timetable to finalize the P6.793-trillion national budget for 2026 increases the risk of unchecked amendments and last-minute insertions, potentially ...
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