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Government posts budget surplus in April, 4-month budget deficit widens

The National Government (NG) recorded a budget surplus of P67.3 billion in April 2025, up 58 percent year-over-year, as tax collections accelerated despite a...

Chicken, tilapia output rise in 1Q; pork, fish dip

Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA). 

Musk pledge to refocus on firms reassures investors, lifts Tesla

A pledge made by Elon Musk over weekend to re-immerse himself in his companies has revived investor confidence, sparking a rally in Tesla shares on Tuesday even as the electric vehicle maker faces operational headwinds.

Filinvest Development plans P8B preferred share offering

Filinvest Development Corp., one of the Philippines’ largest diversified d, has filed a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) for the public offering of up to 8 million preferred shares priced at P1,000 each.

OPM icon Freddie Aguilar dead at 72

Freddie Aguilar, an icon singer-songwriter and pillar of Original Pilipino Music (OPM), has died May 27 at the age of 72.

Just in

PH, EU near landmark free trade deal 

The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.

DHL launches global heavyweight express cargo service

DHL Express is ramping up its push into heavyweight air cargo with the worldwide rollout of Heavy Weight Express (HWX), a new premium service aimed at businesses needing faster and more dependable delivery for large shipments.

Fuel prices set to rise again this week

Local fuel prices are poised to increase once more, with gasoline expected to go up by P0.80 to P1.00 per liter and diesel by P0.40 to P0.60 per liter this week, according to an anonymous local fuel retailer. The projection is based on five-day average global trading rates, full-week Platts Singapore price benchmarks, peso-dollar exchange shifts, and changes in cargo premiums.

Cebu Pacific adds new fuel-efficient jet, advances fleet modernization and sustainabilty goals

Cebu Pacific (CEB) has taken delivery of a new Airbus A320neo in Manila, the second of four such planes expected this year and part of a total seven NEO aircraft slated to join its fleet in 2026.
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