Tag: economy

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Business groups push transparency to revive growth

Business groups are calling for tougher governance, faster digital reforms, and sustained infrastructure spending as the Philippines looks to reboot growth in 2026 after the economy slowed to 3 percent in the fourth quarter of 2025.

Treasury bill yields ease at auction on strong demand

Philippine treasury bill yields continued to soften at the auction Tuesday, dragged lower by prospects of further monetary easing after a weaker-than-expected economic...

US State Department flags red tape, corruption in Philippines 

Pervasive corruption—both in government offices and private boardrooms—along with slow and opaque bureaucracy, high logistics costs, and congested infrastructure continue to undermine the Philippines’ ability to attract foreign investment and sustain economic growth, according to the latest assessment from the US State Department.

Palay output in 1Q up 0.3%, sets new yield record

Palay production in the first quarter of the year rose by 0.3 percent, reaching 4.7 million metric tons, with yields setting a new record high.

Philippines jobless rate eases to 4.3% in January

The Philippines' unemployment rate decreased to 4.3 percent in January, down from 4.5 percent in the same period last year, as the economy continued to create more jobs to accommodate new entrants to the labor force, according to the Philippine Statistics Authority (PSA) report on Thursday.

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Asian port congestion threatens Philippine supply chains

Prolonged congestion at major Asian container ports could constrain shipping capacity for months, raising the risk of longer transit times, disrupted vessel schedules and tighter logistics capacity for Philippine importers and exporters reliant on regional transshipment hubs.

DSWD shifts UPLIFT payouts to GCash through December

The Department of Social Welfare and Development (DSWD) is moving succeeding UPLIFT cash assistance payouts to GCash through December 2026, giving qualified households a digital option for receiving government aid as the agency targets 7.5 million beneficiaries.

San Miguel unit plans Meralco stake sale to MPIC

San Miguel Corp. said its power generation arm plans to sell 21.4 million shares in Manila Electric Co. to Metro Pacific Investment Corp., potentially reshaping the ownership mix of the country’s largest power distributor.

Water could become a weapon against superbugs

Water treatment usually sounds reassuringly dull: filters, pipes, perhaps a little chlorine doing its invisible housekeeping. Now, engineers are proposing something rather more dramatic—turning ordinary water into a chemistry lab capable of dismantling antibiotic-resistant bacteria and, crucially, the genetic material they leave behind.

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