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Oil import bill in 2022 up 64 percent to $19-B

The country's net oil import bill last year grew 64 percent to $19.02 billion from only $11.57 billion the year before, according to data from the Department of Energy (DOE). The...

“The fewer Kadiwa stores there are the better”

The government should only deploy Kadiwa rolling stores in select markets and for only a limited time to remain sustainable, according to a member...

DA eyes $25M World Bank grant

The government eyes tapping the World Bank’s (WB) Pandemic Fund to help boost the country’s biosecurity measures for animal health, according to the Department...

Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

Dennis Anthony Uy, co-founder of publicly listed Converge ICT, will build in Pampanga his version of Silicon Valley— a billion-dollar venture meant to provide...

Manila floats $2-B ADB loan for public works projects

The Department of Public Works and Highways (DPWH) is seeking a $2 billion loan from the Asian Development Bank (ADB) to build the first...

Just in

Australia pushes Philippine growth in key sectors

Australia is stepping up its economic engagement with the Philippines, launching a new business mission on March 18 focused on high-impact industries poised to drive the next wave of bilateral growth.

Australia strengthens trade and education ties with PH

Australian Assistant Minister Matt Thistlethwaite visited the Philippines on Wednesday to lead a business mission aimed at boosting trade and investment between Australia and Southeast Asia.

BSP monitors Middle East conflict risks ahead of April policy meeting

The Bangko Sentral ng Pilipinas (BSP) said it is closely watching the ongoing conflict in the Middle East as it prepares for its monetary policy meeting on April 23, 2026.

New transformers enable full wind power delivery in Mindoro

The Department of Energy (DOE) on Wednesday announced the installation of three transformers at the Calangatan Switching Station in Oriental Mindoro to improve electricity service on the island.
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