The country’s gross international reserves (GIR), an indicator of capacity to pay for trade and debt obligations, rose to $99.7 billion as of end-January 2023 from the end-December 2022 level of $96.1 billion.
Treasury bill yields rose across all maturities at Monday’s auction as surging oil prices fueled concerns over inflation and the prospect of further monetary tightening by the Bangko Sentral ng Pilipinas.
The proposed extension of the North-South Commuter Railway (NSCR) to New Clark City has cleared a key regulatory hurdle after securing concurrence from the National Commission on Indigenous Peoples (NCIP), advancing the project toward a feasibility study.
Globe is expanding digital and artificial intelligence infrastructure to support Philippine businesses expanding regionally and foreign firms entering the local market, aligned with the ASEAN Digital Economy Framework Agreement concluded May 2026.