Top News
DOE eyes 6 more petroleum deals
The Department of Energy (DOE) is reviewing at least six more potential petroleum service contracts (PSCs), signaling continued momentum in the country’s energy exploration efforts.
US markets fall as Trump spurs trade spat with China
US stock markets retreated Friday after President Donald Trump reignited trade tensions with China, threatening via social media to impose a 100 percent tariff on Chinese products starting in November.
FDI slips to $1.3B in July, down 20% YTD
Net foreign direct investment (FDI) inflows into the Philippines reached US$1.3 billion in July 2025, down 7.5 percent from US$1.4 billion in the same month last year, according to data from the Bangko Sentral ng Pilipinas (BSP).
Econ Adviser denies investor pullout amid corruption probe
The Philippines continues to receive investment pledges despite the ongoing investigation into alleged corruption in flood-control infrastructure projects, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go said Thursday.
BSP cuts policy rate to 4.75% amid weak growth outlook
The Bangko Sentral ng Pilipinas (BSP) unexpectedly cut its benchmark interest rate by 25 basis points to 4.75 percent during its rate-setting meeting today, defying widespread market expectations of a hold at 5 percent.
