Business owners have grown increasingly worried about the country’s economic path, with corporate confidence plunging sharply into negative territory this July. According to the latest Business Expectations Survey by the Bangko Sentral ng Pilipinas (BSP), the overall confidence index dropped to -20.3 percent from a neutral standing in June. This sudden shift marks a significant downturn in how local companies view their immediate operations, driven largely by rising global oil prices, escalating tensions in the Middle East, and stubbornly high domestic inflation.
2GO Travel has introduced TraveLink, a new multi-modal service that integrates sea and land travel into a single itinerary, in partnership with leading Asian travel technology platform 12Go Asia.
A Philippine pangolin (Manis culionensis), one of the country’s most threatened mammals, was safely handed over to the Department of Environment and Natural Resources – Biodiversity Management Bureau (DENR-BMB) on September 3, 2026, following its discovery by a resident in Barangay Galicia 3, Mendez, Cav
Amid AI-driven digital transformation, PLDT Inc. emphasized customer-centricity, strategic investment, and partnerships for sustainable growth and resilience at the inaugural ACC CXO Forum in Hong Kong. Led by PLDT Global, the event gathered global industry and tech leaders to explore value creation in the digital economy, reflecting PLDT’s shift from telco provider to integrated digital services partner.
The Philippines could more than quadruple medical tourism revenues to USD5 billion by 2034, but unlocking that growth will require bigger investments in healthcare and wellness infrastructure, stronger standards, and a more integrated value chain linking hospitals, tourism, logistics, technology, and other industries, government and business leaders said.
The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.
A Quezon City Regional Trial Court has issued an arrest warrant for Vice President Sara Duterte over three counts of grave threats against President Ferdinand Marcos Jr., First Lady Lisa Marcos, and former House Speaker Martin Romualdez, the Department of Justice said Friday. The DOJ said the warrant means the court found probable cause against Duterte. Bail was set at P120,000 for each count. Duterte earlier asked the court to defer or recall the warrant. The case stemmed from public threats the VP issued against the 3. The grave threat is also among the charges in the impeachment complaint versus the Vpz
The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.
The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.