The Philippines is poised to lose its position as one of the top three banana exporters in the world, with projections showing the country will fall to fourth place in 2024.
In a move aimed at supporting the government’s economic agenda, the Philippine Deposit Insurance Corp. (PDIC) has remitted P107.23 billion to the Bureau of the Treasury (BTr), reinforcing the government's efforts to drive economic growth through major infrastructure and social programs.
In a call for continued collaboration on key financial innovations, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. on Friday night led the annual reception for the banking community at the BSP Complex in Fort San Antonio Abad, Manila.
Bank lending and domestic liquidity saw notable growth in November, signaling a resilient financial environment as the Bangko Sentral ng Pilipinas (BSP) continues to manage the balance between economic expansion and financial stability.
Megawide Construction Corp. has officially received the Notice of Award from the Province of Cavite for its bid to build the long-awaited Cavite Bus Rapid Transit (BRT) system.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.
Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.
Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.
San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.