The country's balance of payments (BOP) position, or what is left after Manila's foreign-currency expenses are deducted from its foreign currency earnings, posted a significant shift in December 2024, registering a deficit of USD1.5 billion, reversing the USD642 million surplus seen in the same month of 2023.
The Department of Agriculture (DA) is optimistic about surpassing last year's rice production figures, with projections aiming for a new record in palay output this year.
The Department of Agriculture (DA), through the Office of the Solicitor General, has filed a motion for reconsideration with the Supreme Court to reverse a controversial ruling that allows commercial fishing vessels to access municipal waters, traditionally reserved for small-scale fishers under the Fisheries Code. The move comes as the DA warns that the decision could have serious legal and environmental consequences for the fishing industry.
Manuel V. Pangilinan, the long-serving chairman and CEO of Metro Pacific Investments Corp. (MPIC) and PLDT Inc., has confirmed that both companies are facing significant succession issues as he approaches the twilight of his career.
Maynilad Water Services Inc., the West Zone water concessionaire, is in talks with banks for its planned initial public offering (IPO) on the Philippine Stock Exchange, as part of its mandatory listing requirement by 2027.
Figaro Coffee Group Inc. ended 2025 with solid fourth quarter results, delivering double digit growth in earnings as store expansion and a favorable product mix offset weaker same store sales.
The Manila Electric Co. (Meralco) is considering joining the Department of Energy’s (DOE) planned auction for the rights to operate the Semirara Island coal resource in Antique.
Residents of Abucay in Bataan will get a first look at a proposed P500-million poultry farm as the Department of Environment and Natural Resources, through the Environmental Management Bureau, opens a public scoping on February 24, 2026.
Tax reform advocate Mon Abrea is pressing for full digitization and structural overhaul to rebuild confidence in the Philippine tax system, arguing that credible reform is key to unlocking investment.