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Trade deficit widens to USD4.13B in March
The Philippine trade deficit widened further to USD4.13 billion in March, as export growth failed to keep pace with the double digit expansion in imports, the Philippine Statistics Authority said Wednesday.
Trade deficit narrows sharply in February, but U.S. tariff threat looms
The country's trade deficit narrowed significantly in February 2025 to USD 3.2 billion, down from USD5.1 billion in January and USD3.6 billion in the same month last year, according to data released by the Philippine Statistics Authority.
Fitch reaffirms PH credit rating, citing inflation gains and stable outlook
International credit watchdog Fitch Ratings has reaffirmed the Philippines’ long-term foreign currency issuer default rating at “BBB” with a stable outlook, citing the government’s effective monetary policy and macroeconomic resilience, especially in curbing inflation.
Meralco Q1 income up 9% to P10.45B
Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.
Telco stakeholders warn of national security risks in proposed bill
The Philippine Association of Private Telecommunications Companies (PAPTELCO) has echoed the Philippine Chamber of Telecommunications Operators (PCTO) in raising red flags over the national security and regulatory risks posed by Senate Bill No. 2699, also known as the Konektadong Pinoy bill.
