Top News
PSAC proposes ROW office to accelerate infrastructure development
The Private Sector Advisory Council (PSAC) Infrastructure Sector has recommended the establishment of a right-of-way (ROW) office under the Office of the President to expedite the completion of major infrastructure projects in the Philippines.
Japan proves as Manila’s single-biggest source of ODA funds
Japan has proven as the country's top source of sub-market funding, more known as official development assistance or ODA loan, according to the Organization for Economic Cooperation and Development or OECD.
ROP global bond proceeds help push February BOP into surplus
In a notable reversal, the country's balance of payments (BOP), or what is left after the country's foreign currency denominated obligations are deducted from its earnings, reverted to a surplus of USD3.1 billion in February, contrasting sharply against the USD196 million deficit recorded in the same month last year.
US Fed holds rates, awaits impact of policy changes
The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.
Philippines rice imports expected to drop in Q1
The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.
