Top News
Long-horizon foreign direct investments dropped 21% over five months
Foreign direct investments, the kind that stays invested in the Philippines for the long haul, fell 34 percent in May to only $488 million,...
Villar tops Forbes list of 10 richest Filipinos
Politician turned businessman Manuel B. Villar Jr. remained the country’s richest individual, bested only by the Sy siblings who remain at the top of...
Finance chief rejects legislator proposal for fresh BSP loan to fund budget deficit
Finance Secretary Benjamin Diokno on Thursday rejected a lawmaker’s suggestion that the national government borrow anew from the Bangko Sentral ng Pilipinas to fund...
Cost pressures, low government consumption moderate 2Q growth of only 4.3%
Local output growth measured as the gross domestic product (GDP) expanded at a slower pace of only 4.3 percent in the second quarter this...
Japan extends the Philippines another quick-disbursing ODA loan
Japan has signed a new loan worth 30 billion yen or P11.8 billion in local currency to help the Philippines deal with the disruptive...
