Top News
Telcos fuse to share infrastructure, expand network reach
In a major shift for the local telecom industry, rivals PLDT Group (including its wireless arm Smart Communications) and DITO Telecommunity have signed a landmark agreement to share critical network infrastructure nationwide.
PCC reviewed P859B deals amid M&A surge in 2025
Merger and acquisition (M&A) activity gathered pace in the Philippines in 2025, with the Philippine Competition Commission (PCC) reviewing transactions worth P859.03 billion, reflecting sustained investor appetite for strategic assets even as regulators kept a close watch on market concentration.
PH global debt position widens to $54.9B on lower cash reserves, market drops
The countey’s net global debt position widened to $54.9 billion at the end of March 2026, driven by a drop in the nation's foreign cash reserves and falling global bond values, preliminary central bank data showed.
Metro Manila minimum wage jumps by record P85
More than 1.1 million minimum wage earners in Metro Manila will receive a record P85 daily wage increase in two tranches starting July 19, giving workers an immediate pay boost while allowing employers more time to adjust to higher labor costs.
BSP forecasts June inflation no higher than 7% as cheaper fuel, food offset higher power costs
The Bangko Sentral ng Pilipinas expects June 2026 inflation to land between 6npercent and 7 percent, easing slightly from May’s 6.8 percent print.
