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Wednesday, 17 September 2025, 10:04 am

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    IMF forecasts slow, uneven global growth this year

    Top News Jun Vallecera Jun Vallecera -
    Global growth this year, seen as slow and uneven, is forecast to remain well below the 20-year average of 3.8 percent, according to International Monetary Fund managing director Kristalina Georgieva.

    Ranks of employed Filipinos swell in Aug but quality of jobs not ideal

    Top News Context.ph Context.ph -
    The Philippine labor market in August showed significant improvement from July, with the resumption of farm activity and the start of the new school year helping generate more employment for Filipinos, the statistics authority said Friday.

    Inflation pressures seen dissipating in October

    Top News Context.ph Context.ph -
    Oil and rice price shocks sending the September inflation rate sharply higher to 6.1 percent are seen dissipating in October when more data is captured reflecting the macroeconomic lay of the land, officials said on Thursday.

    Food price in superdrive in September, confounding forecasts

    Top News Jun Vallecera Jun Vallecera -
    Headline inflation accelerated to the upper limit of official forecast and hit 6.1 percent in September and well above market consensus of only 5.3 percent, the Philippine Statistics Authority (PSA) reported on Thursday.

    New bill on Bulacan Airport through House in November

    Top News Context.ph Context.ph -
    The chairman of the House of Representatives’ ways and means committee expects a new bill providing incentives to San Miguel Corp.’s Bulacan Airport City...
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    BSP deploys new anti-scam law to probe flood control corruption accounts

    Banking & Insurance 0
    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    Transport & Communications 0
    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.

    PAL tops Asia-Pacific for on-time performance in August

    Transport & Communications 0
    Flag carrier Philippine Airlines (PAL) has been named the most punctual airline in the Asia-Pacific region for August 2025, achieving an on-time performance (OTP) rating of 89.37 percent, according to global aviation analytics firm Cirium.

    Grab faces new oversight in driver incentives

    Transport & Communications 0
    Grab Philippines has signed a new agreement with the Philippine Competition Commission (PCC) to extend the regulatory review of its driver incentive program by another year, underscoring ongoing corporate oversight following its 2018 acquisition of Uber’s Southeast Asia operations.

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    Alas stuns Egypt in FIVB pool game: redemption in 4 sets

    0
    It was a win long in the making—and for Alas Pilipinas, it felt like a cleansing rain after a dry season of close calls and unfulfilled promise. In front of an ecstatic home crowd at the Mall of Asia Arena, the Philippine men’s national volleyball team stunned World No. 21 Egypt in four searing sets—29-27, 23-25, 25-21, 25-21—in what may go down as the most memorable night in the country’s volleyball history.
    Banking & Insurance

    BSP deploys new anti-scam law to probe flood control corruption accounts

    0
    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.
    Transport & Communications

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    0
    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.
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