BOP surplus expands in August
The Philippines posted a balance of payments (BOP) surplus of US$359 million in August 2025, significantly higher than the US$88 million surplus posted in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP).
Marcos inaugurates P61.7M rice facility in Pampanga
President Ferdinand R. Marcos Jr. led the inauguration of a ₱61.7 million rice processing system (RPS) in Guagua, Pampanga on Friday, the fifth such facility built in the province under the Rice Competitiveness Enhancement Fund (RCEF).
Regulators unite to enforce fair play in telecom sector
The Philippine Competition Commission (PCC) has signed a memorandum of agreement (MoA) with the National Telecommunications Commission (NTC), formalizing an interagency partnership aimed at enhancing competition and regulatory coordination within the country’s data transmission industry.
Ombudsman shortens suspension of GSIS chief, 4 others
The Ombudsman has lifted the preventive suspension of Arnulfo Veloso, president and general manager of the Government Service Insurance System (GSIS), which was imposed following an anonymous complaint alleging grave misconduct and gross neglect of duty over a P1.45 billion investment in perpetual preferred shares of Alternery Holdings Corp.
Ayala acquires majority stake in Cebu Velez General Hospital
Ayala Healthcare Holdings Inc. (AC Health) announced on Friday it is acquiring a 60 percent majority stake in Cebu Velez General Hospital (CVGH), a 200-bed Level 3 hospital in Cebu City, through its Healthway Medical Network.
