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Pork prices fall on ASF fears; vaccines, support seen stabilizing industry

Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.

Palace says revenues can cover debt as ProGRESS advances

The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.

Philippines seeks deeper China ties despite tensions, Go says

The Philippines wants to deepen trade and investment ties with China despite geopolitical tensions, Finance Secretary Frederick Go said, citing Beijing’s role as the country’s biggest import source and a key provider of technology for infrastructure projects.

Philippines targets 75% domestic borrowing to curb FX risks

The Philippines plans to source up to 75 percent of its government borrowing from the domestic market as it seeks to limit foreign-exchange risks while bringing down its budget deficit and easing taxes on workers and small businesses.

Aboitiz says P13.7-B BlackRock deal nearing close

The Aboitiz Group expects to soon close its P13.7-billion infrastructure deal with Global Infrastructure Partners (GIP), a unit of BlackRock, as the group moves to bring a major global investor into its infrastructure business.

Just in

Central bank sets ₱1.0-billion capital standard for small banks going digital

The Bangko Sentral ng Pilipinas (BSP) has rolled out new operational guidelines requiring thrift, rural, and cooperative banks to secure at least ₱1.0 billion in capital if they adopt digital-heavy business models. Issued under Circular No. 1240 on September 21, 2026, the policy ensures that smaller institutions venturing into the digital space operate safely while protecting everyday depositors from financial risks.

Dizon: Hybrid flood control with foreign expertise to target local needs

Public Works Secretary Vince Dizon is pushing for a mix of engineered and nature-based solutions, backed by international know-how, to better tackle flooding across the country.

PH Resorts doubling capital stock to P20B, erasing deficit in restructure push

PH Resorts Group Holdings Inc., led by businessman Dennis Uy, will boost its authorized capital stock to P20 billion—more than double the current P8 billion—to wipe out its capital deficit and restore positive shareholder equity in two years.

DA, NCIP team up in agri projects benefiting indigenous peoples

The Department of Agriculture (DA) and the National Commission on Indigenous People (NCIP) have signed a partnership agreement to jointly deliver agricultural support and empower Indigenous Cultural Communities and Indigenous Peoples (ICCs/IPs).
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