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.
Australia is stepping up its economic engagement with the Philippines, launching a new business mission on March 18 focused on high-impact industries poised to drive the next wave of bilateral growth.
Australian Assistant Minister Matt Thistlethwaite visited the Philippines on Wednesday to lead a business mission aimed at boosting trade and investment between Australia and Southeast Asia.
The Bangko Sentral ng Pilipinas (BSP) said it is closely watching the ongoing conflict in the Middle East as it prepares for its monetary policy meeting on April 23, 2026.
The Department of Energy (DOE) on Wednesday announced the installation of three transformers at the Calangatan Switching Station in Oriental Mindoro to improve electricity service on the island.