Top News
Palay output lower than initially estimated—PSA data
Palay production in the first quarter was down 1.97 percent to 4.69 million metric tons, the latest estimate of the Philippine Statistics Authority showed.
Meralco targets generating nuclear power via MMRs in four years
The Manila Electric Co. (Meralco) is pursuing a pre-feasibility study with American firm Ultra Safe Nuclear Corp. to develop the technology for a micro-modular reactor the country can use before 2028.
Inflation should not top 4.3% in April – BSP
Inflation across the Philippines is forecast to range as low as 3.5 percent but should not top 4.3 percent in April in latest simulations conducted by the Bangko Sentral ng Pilipinas (BSP).
Gov’t budget shortfall narrows in March, widens in 1Q
The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.
“China is so big there is room for business to grow”
Property developer SM Prime Holdings Inc. brush aside notions of a slowing China economy, saying the country's neighbor continues to offer a lot of potential as the world’s second largest economy, reports to the contrary notwithstanding.
