The budget deficit projected this year to equal 6.1 percent of local output measured as the gross domestic product (GDP) is seen steadily diminishing over five years when it rounds the period to only 3 percent of GDP, the Development Budget Coordination Committee (DBCC) said.
Britain's national grid has started removing components supplied by a unit of China-backed Nari Technology's from the electricity transmission network over cyber security fears, the Financial Times reported on Sunday.
Stores Specialists, Inc., a wholly-owned subsidiary of listed SSI Group Inc., has taken a 40 percent stake in PRADA Philippines Inc., a joint venture...
The National Irrigation Administration (NIA) has accelerated the completion of big-ticket projects, starting with the P1.276-billion Balbalungao small reservoir irrigation project (SRIP) in Lupao, Nueva Ecija.
Globe AT HOME has launched its 5G Home Prepaid WiFi on major e-commerce platforms Shopee, Lazada, and GrabMart, making fast, fiber-like internet easier to buy and set up at home.
Megaworld Corp. cashed in on two portfolio investments, raising a combined P1.86 billion and boosting fresh capital for the listed property arm of billionaire Andrew Tan.
The Bangko Sentral ng Pilipinas (BSP) on Monday reminded the public that exchanging worn or damaged banknotes at banks is free. It advised people to go only to BSP-authorized banks to avoid paying illegal service fees charged by some individuals or groups.
Pru Life UK reported a new business annual premium equivalent (NBAPE) of ₱7.38 billion as of the third quarter of 2025, reinforcing its leadership position in the domestic life insurance industry, according to the Insurance Commission.