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.
Electricity consumers will pay slightly lower transmission charges in their January 2026 power bills, the National Grid Corporation of the Philippines (NGCP) said.
Jollibee Foods Corp. said Wednesday it will continue focusing on growing its business even as it moves forward with plans to spin off its international operations.
Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.
Visa has partnered with GCash and makes it easier and safer to send money from abroad directly to GCash wallets in the Philippines. Through Visa Direct, individuals and businesses worldwide can now transfer funds straight to GCash, benefiting more than 90 million users with faster and more convenient access to overseas money.