Tuesday, 16 September 2025, 10:15 am

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    External debt up to $148.9B, still within prudent limits — BSP

    The country's outstanding external debt rose slightly to US$148.87 billion as of end-June 2025, a 1.5 percent increase from the previous quarter, largely due to the weaker US dollar, according to the Bangko Sentral ng Pilipinas (BSP).

    Tough debut, glimmers of hope for Alas in FIVB men’s world championship

    Under the bright lights of the Mall of Asia Arena and in front of an energized home crowd led by President Ferdinand Marcos Jr., Alas Pilipinas made its long-awaited FIVB World Championship debut. But it was a baptism by fire.

    BOP swings to deficit on financial outflows

    The Philippines posted a balance of payments (BOP) shortfall of US$5.6 billion in the first half of 2025, marking a sharp reversal from the US$1.4-billion surplus in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP).

    Blazing start, sudden fall: Eala out of SP Open

    Alex Eala opened her first-ever quarterfinal appearance at the SP Open in Brazil like a storm—confident, composed, and in full command.

    DOTr extends Sumitomo contract for MRT-3 rehab, maintenance

    The Department of Transportation (DOTr) has a two-year contract extension with Japanese firm Sumitomo Corp. for the continued rehabilitation and maintenance of the Metro Rail Transit Line 3 (MRT-3), ensuring the system remains efficient and reliable for commuters.

    Just in

    PH bonds near inclusion in key global index

    The Philippines is now in the final review phase for potential inclusion in J.P. Morgan’s Government Bond Index for Emerging Markets (GBI-EM), a move seen by the Bangko Sentral ng Pilipinas (BSP) as a major step toward attracting more foreign investment and deepening local capital markets.

    Andrew Tan’s Travellers targets 2026 for new resort builds

    Travellers International Hotel Group Inc., the gaming and leisure company controlled by tycoon Andrew Tan, announced it will begin construction of two major gaming facilities in Mactan, Cebu and Boracay Island, Aklan by next year, with a combined investment of $700 million.

    IT modernization gains momentum, but cyber gaps persist

    A new global study by research and advisory firm IDC, sponsored by Rocket Software, shows that IT modernization has become a top priority for nearly two-thirds of enterprise executives.

    DOTr mandates weekly public transport use for officials

    Acting Transportation Secretary Giovanni Lopez has issued a directive requiring all Department of Transportation (DOTr) officials to commute to the office at least once a week. This policy aims to deepen officials’ understanding of the daily challenges faced by commuters and to inform more effective public transport policies.
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