Top News
ASEAN business group urges ministers to turn gains into jobs
The Association of Southeast Asian Nations’ private sector is pressing economic ministers to turn years of regional integration into actual business opportunities, investments and jobs, with easier trade rules and stronger support for micro, small and medium enterprises (MSMEs) at the center of its agenda.
Philippine reserves rise to $104.8B despite BOP deficit
The Philippines’ gross international reserves (GIR) rose to USD104.8 billion in August, even as the country posted another balance of payments (BOP) deficit amid a persistent trade gap and portfolio outflows.
Fed raises rates, defying Trump’s call for cuts
The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.
VAT relief on power system loss charges begins November
Consumers will start seeing savings from the lifted value-added tax (VAT) on allowable system loss charges in their November electricity bills, the Energy Regulatory Commission (ERC) announced Wednesday.
Cotabato residents turn over wildlife to DENR, marking progress in community-led protection
Public awareness and stricter enforcement around wildlife protection are taking root in Barangay Sinkatulan, Makilala, Cotabato as local residents voluntarily surrendered 12 wildlife specimens to the Department of Environment and Natural Resources Provincial Environment and Natural Resources Office (DENR-PENRO) on September 10. The move reflects growing public compliance with Republic Act No. 9147, or the Wildlife Resources Conservation and Protection Act.
