Top News
BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation
The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.
Rice harvests seen to drop by million metric tons amid weather and cost pressures
The Philippines is bracing for a decline in local palay production this year, with output expected to drop by at least 1 million metric tons due to severe weather patterns and soaring input costs, according to the Department of Agriculture.
Manila Water keeps system losses under 15% to boost El Niño readiness
Manila Water has maintained its non-revenue water or system losses below 15 percent as a key measure to secure water supply ahead of the anticipated strong El Niño that could last into 202
Supreme Court strikes down key national budget provisions
The Supreme Court has declared unconstitutional key provisions of the 2024, 2025 and 2026 national budgets, ruling that congressional increases beyond the President’s recommended appropriations violated constitutional limits and weakened safeguards over public spending.
DOE opens nuclear project bids
The Department of Energy confirms that interested investors and developers may already submit nuclear energy project proposals, though full government guidelines are still being finalized.
