Budget watchdog participation welcomed in gov’t road projects
The Department of Agriculture (DA) has formally welcomed the support of budget monitoring group People’s Budget Coalition (PBC) in overseeing the implementation of the government’s farm-to-market road (FMR) projects, citing enhanced accountability, proper use of public funds, and stronger rural development as key benefits.
Dry spell escalates agri losses to P8.57 billion
Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.
EU, Philippines launch AI lab to draw investment, boost industry
The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.
Digital remittance study highlights evolving cross-border payment trends in PH
Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.
Rising debt, slower growth weigh on Philippine risk outlook
The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.
