Travellers International Hotel Group Inc., the gaming and leisure company controlled by tycoon Andrew Tan, announced it will begin construction of two major gaming facilities in Mactan, Cebu and Boracay Island, Aklan by next year, with a combined investment of $700 million.
Cash remittances sent by overseas Filipinos (OFs) continued to post steady growth in July 2025, with inflows rising 3 percent year-on-year to US$3.18 billion, up from US$3.08 billion in July 2024, according to the Bangko Sentral ng Pilipinas (BSP).
Catholic Church leaders on Sunday called on the Department of Transportation (DOTr) and the New NAIA Infrastructure Corp. (NNIC) to suspend the planned implementation of increased fees at the Ninoy Aquino International Airport (NAIA), set to take effect on September 14.
The country's outstanding external debt rose slightly to US$148.87 billion as of end-June 2025, a 1.5 percent increase from the previous quarter, largely due to the weaker US dollar, according to the Bangko Sentral ng Pilipinas (BSP).