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.
Converge ICT Solutions Inc. reaffirmed its commitment to inclusive digitalization and corporate social responsibility (CSR) by delivering a comprehensive training session on basic online protection and livelihood opportunities to disenfranchised mothers and children in Bamban, Tarlac. This initiative was conducted in partnership with Clark Development Corporation (CDC) under its Pagsasarili Program.
Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE), a joint venture between the Filinvest Group and ENGIE Services Philippines, has successfully completed a 3-megawatt-peak (MWp) solar rooftop installation for Nexperia Philippines, Inc. at its assembly and testing facility at the Light Industry and Science Park I.
The Department of Public Works and Highways (DPWH) aims to increase the current 3-ton load limit at the San Juanico Bridge to as much as 12 tons in as quickly as six months to help arrest the transport mayhem that has forced Samar authorities to declare a state of emergency in the province.
It was bound to happen—a rematch a year in the making, and this time, the ending was different. The Philippines and Iran—undefeated and dominant all tournament long—clashed in a high-stakes finale Friday at the 2025 Women’s Ice Hockey Asia Cup in Al Ain, United Arab Emirates.