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74 firms eye MRT-3 upgrade and operational deal

The Department of Transportation (DOTr) said 74 local and international companies from 14 countries have shown interest in taking over and upgrading Metro Manila’s MRT-3 line through a public-private partnership (PPP) project.

Potable wayer reaches remote Butbut tribe in Kalinga

A new water system project has finally brought potable water closer to families in Barangay Butbut Proper, easing the long-standing burden of collecting water from distant sources.

Scam crackdown urged as digital fraud surges 

The Consumer Lending Association of the Philippines (CLAP) has pushed for tougher enforcement of the Anti-Financial Account Scamming Act and a shift from a largely defensive stance to a more aggressive, coordinated campaign against financial fraud as digital transactions and online scams continue to rise nationwide.

DLSU economists warn of sharper Philippine slowdown

Researchers from De La Salle University have sharply downgraded their outlook for the Philippine economy, warning that rising energy costs, geopolitical tensions, and weak investment activity could drag growth to just 3.11 percent in 2026.

FedEx breaks ground on major Clark expansion

Federal Express Corp. (FedEx) has broken ground on the expansion of its Clark gateway facility, doubling down on the Philippines as a key logistics and trans-shipment hub in Asia amid booming cross-border trade and e-commerce demand. 

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AmCham backs pork imports, seeks review of MAV rules

The American Chamber of Commerce of the Philippines (AmCham) has thrown its support behind the government's efforts to boost pork supply and curb rising food costs, while urging authorities to suspend and reassess newly issued import allocation guidelines that it says could disrupt established supply chains.

BOI Keeps Investment Lead Despite First-Quarter Slump 

The Board of Investments (BOI) retained its position as the country's top investment promotion agency in the first quarter of 2026, accounting for nearly half of all approved investments despite a sharp decline from the record levels posted a year earlier.

Malacanang not involved in Davao garbage collection suspension; order issued regionally after fatal trash slide 

The Department of Environment and Natural Resources (DENR) Region XI on Friday firmly dismissed false reports claiming President Ferdinand R. Marcos Jr. ordered the suspension of garbage collection in Davao City. Officials clarified the measure was a purely regional decision, with no input or direction from the President.

BSP likely to tighten policy by 50 bps despite May inflation easing, amid persistent price risks

While headline inflation slowed to 6.8 percent in May from 7.2 percent in April, core inflation—which strips out volatile items—picked up to 4.1 percent from 3.9 percent, a key signal that underlying price pressures are strengthening, the Bank of the Philippine Islands (BPI) said on Friday.
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