Top News
Resilient OFW inflows boost May remittances to $2.66B
Cash remittances rose 2.9 percent year-on-year to US$2.66 billion in May, driven by continued inflows from overseas Filipinos (OFs), according to the Bangko Sentral ng Pilipinas (BSP).
Ancillary service costs push up NGCP rates, hit Meralco customers
The National Grid Corporation of the Philippines (NGCP) reported a 5.49 percent increase in transmission rates for the June 2025 supply month, driven by a 9.32 percent hike in ancillary services (AS) costs.
Poor internet threatens PH healthcare, doctors warn
At least 53 Philippine medical and healthcare associations have formally urged President Ferdinand Marcos Jr. to sign the Konektadong Pinoy bill, warning that the country’s poor digital infrastructure threatens to undo progress in universal healthcare delivery.
Fuel prices climb again Tuesday amid global oil jitters
Retail fuel prices are set to rise again this Tuesday, with increases of up to P0.70 per liter for gasoline and P1.40 per liter for diesel, according to Jetti Petroleum Inc. president Leo Bellas.
1.8 billion lack reliable transport in Asia-Pacific – ADB
The lack of reliable transport services, far more than the lack of access to electricity or access to safe water sources, remains the biggest hindrance to economic expansion among countries in Asia and the Pacific like the Philippines, the Asia Development Bank said.
