The Philippines is adjudged to have emerged from the pandemic on strong economic footing based on the preliminary assessment of a four-man visiting team from the International Monetary Fund (IMF).
House leaders have set aside a portion of the P1.23 billion intelligence fund under next year's proposed budget into programs that help defeat inflation.
Foreign direct investments (FDI), the kind that stays for the long haul, proved weaker in the January-to-July period this year to $4.7 billion from $5.5 billion last year, the Bangko Sentral ng Pilipinas said on Tuesday.
Headline inflation getting away from the central bank's 2 percent to 4 percent target range this year heightens the likelihood of a change in the monetary policy structure in the Philippines, the analytics unit of the sovereign credit watcher Moody's Investors Service said on Monday.
GCash, the mobile wallet of Globe Telecom Inc. trends on X, formerly Twitter, after its users complained of inability make transactions, whether sending or receiving, since the early morning hours of Monday.
The Philippines has opened its doors wider to Chinese tourists with a new policy granting 14-day visa-free entry—but the real question is whether travelers from the world’s largest and most dynamic tourism market will actually walk through.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has directed state-owned Food Terminal Inc. (FTI) to buy large volumes of mung beans and chili peppers directly from local farmers to stabilize prices and reduce dependence on imports.
Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.
MacroAsia Corp. (MAC), through its majority-owned unit MacroAsia Airport Services Corp. (MASCORP), has begun construction of a new six-story headquarters aimed at strengthening its aviation services operations, following a formal groundbreaking ceremony held today.