BOP deficit widens in 1Q amid higher costs and slower inflows
The country’s balance of payments (BOP) — the measure of all economic transactions between the country and the rest of the world, and essentially what remains after foreign earnings are offset against external obligations and outlays — recorded a deficit of US$5.3 billion in the first quarter of 2026.
Amigas bury beach handball’s biggest giants yet
The Philippine women’s beach handball team arrived in Croatia grateful simply to be in the main draw. A few days later, the Amigas found themselves celebrating a victory that belonged in the sport’s growing catalogue of improbable upsets.
Monde M.Y. San to invest P5B in new factory
Monde M.Y. San Corp. is investing more than P5 billion in a new manufacturing facility inside a Philippine Economic Zone Authority (PEZA) ecozone, reinforcing confidence in the country's manufacturing sector despite a challenging global business environment.
Cebu Pacific opens one-stop service center for OFWs at MCIA Terminal 2
Cebu Pacific (CEB) has launched the new OFW Facilitation Center at Mactan-Cebu International Airport (MCIA) Terminal 2, aimed at making essential travel and government services easier to access for overseas Filipino workers before departure and upon arrival.
MORE’s modernized power grid saves Iloilo from massive outages
Iloilo's modernized power grid may have spared the city the worst of a two-month wave of Visayas outages, a new economic report suggests.
