The Department of Transportation (DOTr) confirmed on Friday that the EDSA Busway will remain dedicated to buses and will not be opened to private vehicles. In a radio interview, DOTr Secretary Jaime Bautista emphasized that the busway, which serves thousands of commuters daily, will not be removed but will undergo improvements through privatization of its operations and management (O&M).
The country’s gross international reserves (GIR), an indicator of capacity to pay foreign currency ovligations, stood at USD103.0 billion at the end of January 2025, down from USD106.3 billion at the close of 2024, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
Global rice prices continued their downward trend, with the cost of 5 percent broken rice from Vietnam—the variety primarily imported by the Philippines—dropping below USD400 per metric ton.
The Department of Transportation (DOTr) on Friday announced that the fuel subsidy program benefiting public utility vehicle (PUV) drivers, tricycle operators, and delivery service riders should be completed by the second quarter this year. The initiative aims to cushion the impact of rising fuel prices on over one million workers in the transportation sector.
The Clark International Airport Corp. (CIAC) announced Friday that the construction of the country’s tallest Air Traffic Control (ATC) tower is on track to be completed by the second quarter of 2025.
The Philippines and the United Arab Emirates are ramping up economic and technology ties under their newly signed Comprehensive Economic Partnership Agreement (CEPA), with artificial intelligence, critical infrastructure, and cross-border investments emerging as key pillars of cooperation.
The Department of Agriculture (DA) said strong buying activity from private traders has pushed palay prices higher, limiting the National Food Authority’s (NFA) ability to buy rice stocks from farmers.
Manila Water in Monday said the Wawa-Calawis Water Supply System is becoming a major safeguard for water security in Metro Manila’s East Zone as climate change continues to put pressure on traditional water sources.
Employers in the Philippines are preparing for an increasingly volatile business landscape as geopolitical tensions, supply chain disruptions, rising energy costs, and rapid technological change converge, issues that are set to take center stage at the 47th National Conference of Employers (NCE47) of the Employers Confederation of the Philippines, opening May 20, 2026 at The Manila Hotel.