Finance Secretary Ralph G. Recto assured the public that the government's response to the recent flood control controversy marks the beginning of a major cleanup aimed at strengthening institutions, improving governance, and accelerating economic growth.
The Department of Energy (DOE) is reviewing at least six more potential petroleum service contracts (PSCs), signaling continued momentum in the country’s energy exploration efforts.
US stock markets retreated Friday after President Donald Trump reignited trade tensions with China, threatening via social media to impose a 100 percent tariff on Chinese products starting in November.
Net foreign direct investment (FDI) inflows into the Philippines reached US$1.3 billion in July 2025, down 7.5 percent from US$1.4 billion in the same month last year, according to data from the Bangko Sentral ng Pilipinas (BSP).
The Philippines continues to receive investment pledges despite the ongoing investigation into alleged corruption in flood-control infrastructure projects, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go said Thursday.