U.S. Federal Reserve officials say that monetary policy will need to stay restrictive for "some time" to bring inflation back down to the Fed's 2 percent target, but their unity around that phrase masks an ongoing debate over another possible rate hike this year.
The National Grid Corporation of the Philippines (NGCP) said Monday it is looking into the root cause of the grid disturbance Sunday night that caused power interruptions across the Luzon grid.
Agriculture Usually treated as waste in rice milling and consigned mainly as animal feed, rice bran--after fermentation--offers itself as a nutritious food additive that could benefit not only consumers but provide an income boost to farmers.
Globe Telecom Inc. said Monday it is unloading its controlling stake in Electronic Commerce Payments Inc., or ECPay, to Gcash’s parent company Globe Fintech Innovations Inc. (Mynt) for P2.31 billion.
The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity over 10 years as the lender expands its development and anti-poverty mission to tackle climate change and other global crises.
Rodil Zalameda will become the country’s next chief justice of the Supreme Court on Friday, November 6, succeeding Alexander Gesmundo, who retires after reaching the mandatory age limit.
Robust borrowing from both businesses and households pushed the Philippine money supply upward in September, underscoring a tightly knit loop between active bank lending and circulating financial liquidity.
Foreign tourist arrivals in the Philippines surpassed five million as of November 4, growing 3.74 percent from 4.82 million in the same period last year, with a sharp rebound in Chinese visitors helping offset declining arrivals from South Korea.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has emphasized how rice research and strong partnerships are helping Filipino farmers face growing climate threats, as the Philippine Rice Research Institute (PhilRice) celebrated its 41st anniversary Thursday, November 5.