The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
As the Senate prepares for the impeachment proceedings against Vice President Sara Duterte, experts are emphasizing the vital role of accountability in sustaining political stability and public trust in the Philippines.
The economic managers have engaged civil society organizations (CSOs) to help refine the interagency Development Budget Coordination Committee (DBCC) process. This has reference to that unit setting the government's macroeconomic assumptions, fiscal targets, budget ceilings, revenue projections, and borrowing ceiling and convened in keeping with President Ferdinand R. Marcos Jr.'s push for greater transparency, inclusivity, and stakeholder participation in national budgeting.
Chicken production in the country reached 550.50 thousand metric tons, in liveweight terms, in the first quarter of 2025, an 8.7 percent year-on-year increase from 506.28 thousand metric tons in the same period last year, data from the Philippine Statistics Authority showed.
The Philippine Stock Exchange said Friday it has partnered with partnered with Nasdaq to implement the Nasdaq Eqlipse Trading platform, a significant upgrade in trading infrastructure, aimed at enhancing market liquidity, technological resilience, and investor confidence.
Government fisheries authorities are pushing for more support and safeguards for Filipino salt makers, as most of the salt used in the country comes from abroad.
The Filinvest Group has launched its first large-scale solar power facility — a 20.774-megawatt installation in Tagoloan, Misamis Oriental — with over P1 billion in investment. Developed by subsidiary FDC Green Energy Corp., the ground-mounted plant sits inside the PHIVIDEC Industrial Estate, a key economic zone with ideal terrain and access to power infrastructure.
The Department of Agriculture (DA) has expanded its P20 per kilogram rice program in Kalinga province, while releasing about ₱285 million in additional agricultural aid for local farmers this year. DA Secretary Francisco Tiu Laurel Jr. led the launch activities in Tabuk City, which included facility inspections, farmer dialogues, and distribution of support covering rice, corn, livestock, high-value crops, and local development projects.
The Philippine National Oil Co. (PNOC) inspected LPG storage and port facilities in Calaca, Batangas over the weekend to confirm they are ready to receive, store, and safely handle 21,000 metric tons of government-procured LPG. This supply, sourced from the United States and transiting through Singapore, is due to arrive by the end of May.