Top News
External debt up to $148.9B, still within prudent limits — BSP
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).
Gov’t to pursue asset freezing in flood control corruption cases
Public Works Secretary Vince Dizon on Friday announced that he will meet with the Anti-Money Laundering Council (AMLC) next week to discuss the freezing and eventual seizure of assets belonging to individuals allegedly involved in corruption tied to the Department of Public Works and Highways’ (DPWH) flood control projects.
20 DPWH officials, 4 contractors charged over Bulacan flood control anomalies
Public Works Secretary Vince Dizon on Thursday filed criminal charges before the Office of the Ombudsman against 20 personnel of the Department of Public Works and Highways (DPWH) Bulacan 1st District Engineering Office and four private contractors, in connection with alleged anomalies in flood control projects.
Jobless rate hits 3-year high 5.3% in July amid storms
The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.
Boardrooms bet on growth amid rising disruption
The country's chief executives remain broadly confident in the outlook of the various industries over the next 12 months despite persistent challenges such as corruption, macroeconomic volatility, and geopolitical risks, according to the CEO Survey 2025 conducted by the Management Association of the Philippines (MAP) and Isla Lipana & Co./PwC Philippines.
