Top News
DTI resets expectations, redraws export path
The Department of Trade and Industry is set to unveil sharply reduced export targets for 2025—and for the remaining years of the Philippine Export Development Plan (PEDP) 2023–2028—at a December 4 launch expected to formally reset the country’s export trajectory.
Gov’t hikes socialized housing price ceilings
The government has raised price caps for socialized housing to speed up the rollout of its flagship 4PH program, according to a joint directive from the Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DepDev).
Holiday spending expected to be muted
Holiday spending is expected to be muted this year as consumers prioritize basic necessities over wants, experts said.
Factory activity slowed in November
The S&P Global Manufacturing PMI, a lead indicator that tells on key metrics such as output growth and inflation, dropped to 47.4 from 50.1 in October. Anything below 50 means the sector is shrinking. This also marks the biggest decline since August 2021.
DA sets ₱120 price cap on onions to curb holiday surge
The Department of Agriculture (DA) begins enforcing a ₱120-per-kilo suggested retail price for red and white onions tomorrow, December 1, to cool sharp price increases ahead of the Christmas season.
