Ako Bicol Rep. Zaldy Co declared that he is determined to return to the Philippines to answer and disprove “false and baseless accusations” against him, stressing that he has nothing to hide and will face his critics in the proper forum.
The Manila Electric Company (Meralco) remains on full alert as restoration efforts continue following power interruptions caused by Severe Tropical Storm Opong (international name: Bualoi).
Residential property prices in the Philippines rose by 7.5 percent year-on-year in the second quarter of 2025, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
D&L Industries said its wholly-owned subsidiaries, D&L Premium Foods Corp. (DLPF) and Natura Aeropack Corporation (NAC), have been granted pioneer status by the Philippine Economic Zone Authority (PEZA), extending their income tax holiday by two additional years.
Security Bank Corp. has officially opened its 361st branch in Naic, Cavite, further expanding its reach in Southern Luzon and bringing its “BetterBanking” experience to more communities.
ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.
The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.
Southeast Asia needs an estimated USD7.1 trillion in infrastructure investment through 2040, but a shortage of commercially viable projects is preventing governments from mobilizing enough private capital to meet the region’s growing needs, Asian Development Bank (ADB) President Masato Kanda said Saturday.
If the past week's tea leaves had a message, it was this: ay, naku. The economy served up a one-two punch of sluggish growth and runaway prices, then appeared to ask whether we wanted seconds. Monday brought third-quarter GDP growth of 2.1 percent, down from 2.4 percent in the previous quarter and below the 2.8 percent consensus forecast. That marked five consecutive quarters of slowing growth and the weakest performance since the pandemic. October inflation, meanwhile, averaged 7.8 percent. Some wanted the monetary authorities to wield a bigger stick through a jumbo rate hike. Tame prices without choking an already parched economy? Sige, good luck. With stocks around 5,600 and the peso near P64 to the dollar, even sharply cheaper gasoline felt less like salvation than a promo expiring next week.