Monday, 07 July 2025, 1:12 am

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    Senate returns impeachment case to House but summons sent to VP Duterte

    In a pivotal move, the Senate—sitting as an impeachment court—voted 18-5 on Tuesday night to return the Articles of Impeachment against Vice President Sara Duterte to the House of Representatives. 

    SEC chief Lim flags PH stock market as too small, eyes major reforms

    Newly appointed Securities and Exchange Commission (SEC) chairman Francis Ed. Lim on Tuesday raised alarm over the limited scale of the Philippine stock market, calling it "too small" relative to regional peers and pledging sweeping reforms to stimulate capital market growth.

    P200 wage hike bill already transmitted to Senate, House bicam team ready

    THE House of Representatives has already transmitted the P200 daily minimum wage hike bill to the Senate and has designated its bicameral conference panel, signaling full readiness to finalize the measure, according to House spokesperson Atty. Princess Abante.

    FDI inflows drop 28% in March amid investor caution

    The country's foreign direct investment (FDI) posted net inflows of US$498 million in March 2025, a 27.8 percent drop from the US$689 million posted a year earlier, according to data released by the Bangko Sentral ng Pilipinas (BSP).

    PH faces trade headwinds as Japan’s economy contracts

    Japan, the Philippines' third-largest trading partner, saw its economy contract by 0.2 percent year-on-year in the first quarter of 2025, according to revised government data released recently. While the updated figure marks an improvement from the earlier 0.7 percent decline estimate, it highlights a reversal from the 2.2 percent growth logged in 4Q 2024 and marks the first annual contraction in a year.

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