Economy

LGUs pressed to accelerate digital collections

Local government units (LGUs) are being urged to fast-track the modernization of public collection systems as digital payments continue to dominate everyday transactions in the Philippines.

DTI empowers OFWs with P2B Negosyo Fund

The Department of Trade and Industry (DTI) is providing a boost to returning migrant workers with the launch of its P2-billion OFW Negosyo Fund, a program aimed at turning remittances into thriving local enterprises.

February inflation up at 2.4% on higher food prices

Headline inflation edged higher in February, signaling renewed price pressures from key food staples even as broader trends remain relatively contained.

FPI says 4-day workweek needs sector-sensitive review

The Philippine government’s openness to studying a four-day workweek for public offices is drawing cautious support from industry leaders, who say the idea warrants careful, evidence-based evaluation rather than a one-size-fits-all rollout.

HD Hyundai expands $2B Philippine shipyard hub

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.

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