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Philippines misses 2024 tourist arrival target, optimistic for 2025

The Philippines fell short of its tourist arrival target for 2024, recording 5.95 million foreign visitors, well below the goal of 7.7 million. 

Recto unceasing in pushing for LANDBANK, DBP charter reforms

The Department of Finance (DOF) has commended the Land Bank of the Philippines (LANDBANK) and the Development Bank of the Philippines (DBP) for their strong financial positions, noting the institutions are now in a better position to expand services and support national economic priorities.

PSE kicks off 2025 with modest gains as late buying boosts market

The Philippine Stock Exchange (PSE) rounded its first trading day of 2025 on a positive note, despite a sluggish start. The benchmark PSE Index rose by 21.60 points to settle at 6,550.39, following a late surge in buying activity that lifted the market after a largely red session.

Record passenger traffic at NAIA bodes well for broad economy

The Ninoy Aquino International Airport (NAIA) reached new heights in 2024, recording its highest-ever passenger and flight volume, according to the New NAIA Infrastructure Corporation (NNIC).

SEC bares proposed guidelines to strengthen capital markets

The Securities and Exchange Commission (SEC) is poised to implement new guidelines aimed at bolstering the capital markets while enhancing investor protection.

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