The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.
Finance Secretary Ralph G. Recto has approved the donation of 1,251.68 liters of confiscated gasoline to the Philippine Coast Guard (PCG), reinforcing efforts to secure the country’s maritime borders and combat fuel smuggling.
The Sugar Regulatory Administration (SRA) reported a significant 35 percent increase in red-striped soft scale insect (RSSI) infestation in the Visayas, with affected sugarcane areas expanding to 2,027.79 hectares as of Wednesday, up from 1,505.82 hectares a week earlier.
BJ Mercantile Inc. has partnered with Vietnam’s Thaco Auto (Truong Hai Group Corp.), officially becoming the exclusive distributor of Thaco trucks and buses in the Philippines.
ACEN Corp. has subscribed to an additional ₱875 million worth of shares in its subsidiary, Buendia Christiana Holdings Corp. (BCHC), in a move that strengthens its land acquisition vehicle for renewable energy projects.
The Bangko Sentral ng Pilipinas (BSP) projects the country's balance of payments (BOP) to remain in deficit over the next two years, as current account pressures persist.
Following the 6.9 magnitude earthquake on September 30, McDonald’s Philippines reported that all employees, managers, and customers are safe. The company reaffirmed that the safety of its people remains its top priority.
Headline inflation likely rose to 1.9 percent in September, driven by higher fish and rice prices, following rains and the government’s rice import suspension.