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Philippines trade gap narrows in May on strong export growth
The Philippines’ trade deficit narrowed to USD 3.29 billion in May from USD 4.73 billion a year earlier—an improvement also over April’s USD 3.79 billion trade gap—due to strong export growth and softer import values, the Philippine Statistics Authority (PSA) reported Friday.
NLEX pushes for Marilao Bridge rebuild amid frequent accidents
Toll road builder and operator NLEX Corp. said on Friday that it has asked the national government to allow the enterprise to rebuild the accident prone Marilao Interchange Bridge to put a stop to traffic disruptions that inconvenience motorists every so often.
Philippines sets P6.793T budget for 2026
The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.
Aboitiz Power gets SEC nod for P30B bond sale
Aboitiz Power Corp. on Thursday received regulatory clearance from the Securities and Exchange Commission (SEC) to begin the public offering of its fixed-rate retail bonds, marking a key step in the company’s P100-billion shelf registration program.
Fuel rollbacks likely next week as global crude prices ease
Retail fuel prices across the country may drop next week, offering relief for businesses and households grappling with recent price hikes, as global oil markets cool amid easing geopolitical tensions.
