The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.
The Philippine Statistics Authority's early June survey indicates a continued decline in regular milled rice prices, averaging P42.77 per kilogram—down nearly seventeen percent from P51.31 in the same period last year and slightly lower than May’s P43.64.
Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
The May...
One year after taking over operations of Ninoy Aquino International Airport (NAIA), New NAIA Infrastructure Corp. (NNIC) is set to roll out a new facial recognition system powered by Collins Aerospace, allowing passengers to check in, drop bags, clear security, and board using only their face.
Unilever Philippines has renewed its partnership with First Gen Corp., the country’s leading renewable energy (RE) producer, to power seven of its production and distribution sites with approximately 10 megawatts of geothermal energy.
The Marcos Jr. administration has expanded its flagship affordable rice initiative to the transport sector, with over 57,000 public transport workers now set to benefit from P20 per kilo rice under the “Benteng Bigas, Meron Na!” program.
Manulife Investment Management is advising investors to adopt a barbell investment strategy in response to the unexpected uptick in the country's inflation rate in August. The strategy, aimed at navigating an increasingly uncertain interest rate environment, involves allocating capital to short-term bonds to benefit from immediate policy rate adjustments, while selectively adding long-term bond exposure if inflation expectations remain anchored.