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Philippines gets $5-B investment pledges from German, US companies
The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it competes with others in the region for foreign capital.
Trade deficit narrows in January to USD4.22 billion as exports rise
The country's trade deficit in January narrowed to USD4.22 billion from USD5.56 billion in the year-earlier period, helped by the increase in exports and the decline in imports.
Domestic air travel finds its wings again
The Philippine air travel industry soared in 2023, with passenger numbers returning to pre-pandemic levels, according to the Civil Aeronautics Board (CAB).
Business chiefs ask Malacanang to suspend Philhealth contribution hike
Business leaders petition the Marcos administration to suspend the increase in contribution to the Philippine Health Insurance Corporation (Philhealth) indefinitely until complaints against the...
Jobless rate down in January but ranks of employed drop to 45.9M
The ranks of the jobless Filipinos shrunk in January compared to the same period last year, with many deciding to take themselves off the labor market.
