Top News
Forex reserves climb to $105.9B in August
The country's gross international reserves (GIR) rose to US$105.9 billion in August 2025, reflecting stronger global gold prices and higher investment income, according to the Bangko Sentral ng Pilipinas (BSP).
Inflation accelerates in August on higher food prices
Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
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.
