Top News
ICC tightens flood project review with new river basin policy
The Investment Coordination Committee–Cabinet Committee (ICC-CC), chaired by Finance Secretary Ralph G. Recto, has approved a key policy shift requiring flood control and management projects to be aggregated and evaluated by river basin, marking a significant change in infrastructure project approval.
Muted PMI keeps rate cut debate alive at BSP
The country's manufacturing index or the PMI proved little changed in August, to 50.8 during the month from a three-month high of 50.9 in July, indicating continued growth in the sector closely watched by the Bangko Sentral ng Pilipinas (BSP) as one of a number of guides for monetary policy crafting.
DOTr launches bids for Visayas railway studies
The Department of Transportation (DOTr) has announced plans to develop two railway systems in the Visayas—the Samar-Leyte Railway and the Panay Railway—as part of efforts to enhance regional connectivity and economic growth.
Moody’s affirms PH credit strength, BSP welcomes positive outlook
The Bangko Sentral ng Pilipinas (BSP) welcomed Moody’s recent positive assessment of the Philippines’ external sector, underscoring the country’s robust credit profile and economic resilience.
Drop in rice, poultry, fish prices could slow August inflation
A sharp decline in rice, poultry, and fish prices during the second half of August signals a favorable trend toward continued easing of inflation.
