The government on Wednesday rolled out a single-stage bidding process to rehabilitate, optimize and maintain the Ninoy Aquino International Airport (NAIA), the country's main international gateway.
Socioeconomic Planning Secretary Arsenio Balisacan said Wednesday the government could drastically bring down rice prices but warned that millions of rice farmers would be adversely affected if productivity stays at current levels.
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has kept the maximum charge on the unpaid credit card balances unchanged at 3 percent a month.
The Department of Budget and Management unveiled on Tuesday a proposal to update the 20-year-old procurement law to help speed up government spending and bolster economic activity.
The Philippines in July this year continued to report far more foreign currency-denominated expenses than earnings although the shortfall, the Bangko Sentral ng Pilipinas (BSP) said, has sharply diminished on both annual and monthly basis.
Tanduay is sharpening its push into the premium spirits market after winning the Best Brand Immersion Experience award at Whisky Live Manila 2026, where strong attendee turnout and product demand underscored interest in Filipino-made rum.
Aboitiz InfraCapital is seeking alternative water sources and strengthening contingency measures for its Davao City bulk water operations as intensifying El Niño conditions threaten supply reliability through 2027.
Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.
Aurora Gaming proved that the Northern Lights shine brightest when the odds are darkest, capturing its first Mobile Legends Professional League Philippines (MPL PH) championship after a long wait with a comeback victory over Team Falcons PH on Sunday.