Thursday, 16 October 2025, 7:26 am

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    August exports rise, but imports drag trade down

    Philippine exports in August 2025 rose 4.6 percent year-on-year to USD7.06 billion, led by electronics, gold, and mineral products—offering a bright spot amid weakening global trade. 

    Stalemate in Washington nudges US towards shutdown 

    A partial US government shutdown appears imminent this week as Republicans and Democrats remain at an impasse over budget negotiations, raising the risk of economic disruption just as inflationary pressures and job‑market uncertainty weigh on growth.

    Strong demand, mild inflation to sustain Philippine economy—ADB

    The Asian Development Bank (ADB) projects solid growth for the Philippines through next year, with its ability to navigate rough global waters underscored in the slight downward revision of its 2026 outlook.

    Young Filipinos focus on health-span over lifespan – survey

    A recent study by The Manufacturers Life Insurance Co. (Phils.) Inc. highlights that millennials and Gen Z in the Philippines are increasingly prioritizing health, purpose, and financial independence.

    ePLDT launches first sovereign AI stack in PH

    ePLDT, the ICT arm of PLDT, has partnered with Dell Technologies and Katonic AI to introduce Pilipinas AI, the Philippines’ first sovereign AI solutions stack.

    Just in

    Carmen’s Best expands fresh dairy reach nationwide

    Carmen’s Best, the homegrown dairy darling best known for its rich, creamy ice cream, is churning out growth in all directions—now with farms and facilities stretching from Luzon to Mindanao.

    DOE cancels NAC geothermal contract over missed milestones

    The Department of Energy (DOE) has formally terminated the Geothermal Renewable Energy Service Contract for the Montelago project in Oriental Mindoro, citing the failure of Mindoro Geothermal Power Corp. (MGPC) to meet key development milestones.

    NGCP cuts transmission rates for the September billing

    The National Grid Corporation of the Philippines (NGCP) has reduced its overall average transmission rate by 1.23 percent for the September 2025 billing period, which will reflect in customers' October bills. The rate now stands at P1.3998 per kilowatt hour (kWh), down from P1.4171/kWh in August.

    PH eyes gains from ASEAN energy cooperation

    The Department of Energy (DOE) expressed optimism that the Philippines stands to benefit from strengthened regional collaboration in the energy sector, as the country actively participates in the ongoing ASEAN Ministers on Energy Meeting (AMEM) in Malaysia.
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