Metropolitan Waterworks and Sewerage System (MWSS) has approved a slight tariff adjustment for Manila Water Co., following the implementation of a Foreign Currency Differential Adjustment (FCDA) under the utility’s concession agreement.
The Bangko Sentral ng Pilipinas reported that the Philippines’ outstanding external debt edged lower in the fourth quarter of 2025, offering a modest improvement in debt manageability as global investors trimmed their exposure to Philippine securities.
Universal Robina Corp., the listed food arm of the Gokongwei group, is giving up majority control of its cup noodles joint venture to Nissin Food Asia Co. Ltd. (NFA), the Thai subsidiary of Japan’s Nissin Foods Holdings Co. Ltd., in a move that reshapes a decades-long partnership in the instant noodle market.
The Philippines believes it can address concerns raised by the Office of the US Trade Representative (USTR) after Washington launched a new investigation into the country’s alleged shortcomings in enforcing restrictions on goods produced with forced labor.
President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.
Economic Planning Secretary Arsenio Balisacan said the Philippine economy is unlikely to slip into contraction this year despite mounting pressures from a fuel crisis, although growth is expected to fall short of earlier government targets.
The Department of Public Works and Highways (DPWH) is planning to extend the South Luzon Expressway Toll Road 4 (TR4) up to Matnog, Sorsogon by next year.