Top News
GDP expansion this year forecast lower than 5-year average of 6.6%
Growth across the economy this year is forecast to remain below its five-year average of 6.6 percent, according to the sovereign credit watcher Standard and Poor's.
Quarter-million Meralco customers hit by brownout as Luzon grid starves from electricity
NGCP sends the grid under red alert when the power supply cannot meet consumer demand in the transmission grid's regulating requirement. The power transmission company also placed the Visayas grid under red alert.
Toll road operators helping blunt food price inflation with rate rebate program
The government, in consultation with tollway operators, is rolling out a toll rebate program beginning in June this year to help shield agricultural products from the brunt of rising inflation.
Higher buying price allows exponential NFA palay inventory boost
The decision of the National Food Authority (NFA) Council to raise the palay buying price has allowed the agency to exponentially increase its palay inventory in only a month.
Recto view on selling SCTEX to pension funds changes everything
The Metro Pacific Tollways Corp. on Monday bared support for the proposed acquisition of the government's stake at the Subic Clark-Tarlac Expressway (SCTEX) by the state-owned pension funds.
