Top News
Philippines can reach high-income status by 2053, World Bank
The Philippines could join the ranks of high-income economies by 2053, but only if it shifts from an investment-led growth model to one driven...
Visa and GCash linkup allows card-funded QR payments
Digital payments giant Visa and mobile wallet GCash have announced a partnership to introduce a new, more secure way for consumers to pay for everyday purchases across the Philippines.
Fuel prices expected to drop after five serial weeks of increases
Motorists may finally see relief at the pump as local fuel prices are projected to decrease this week, marking the first rollback following five straight weeks of price hikes.
World Bank approves P15.6B Philippine water security project
The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.
Business sentiment bounces back as companies plan expansion and hiring
Businesses around the country turned significantly more optimistic in June this year, setting the stage for stronger economic growth as companies plan to expand operations and hire more workers over the coming year.
