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LTFRB studies P15 minimum fare petition amid rising costs for commuters and drivers

The Land Transportation Franchising and Regulatory Board (LTFRB) is reviewing a petition from various transport groups seeking a P15 minimum fare for public utility jeepneys, a move that could impact the daily commute of millions of Filipinos.

BOP deficit in December 2024 reflects economic shifts, but overall surplus signals resilience

The country's balance of payments (BOP) position, or what is left after Manila's foreign-currency expenses are deducted from its foreign currency earnings, posted a significant shift in December 2024, registering a deficit of USD1.5 billion, reversing the USD642 million surplus seen in the same month of 2023.

DA projects record palay output despite challenges

The Department of Agriculture (DA) is optimistic about surpassing last year's rice production figures, with projections aiming for a new record in palay output this year.

Fuel prices surge for third consecutive week

Fuel prices surge for the third consecutive week this year, marking the largest price hikes thus far.

Private label grocery market seen generating sales of P52B in 2025

The private label grocery sector in the Philippines is projected to generate sales estimated at USD896 million, roughly P52 billion in local currency, this year, capturing 7 percent of total food and beverage (F&B) grocery sales.

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