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Sunday, 08 June 2025, 4:54 pm

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    BOP seen as a surplus in 2024 despite slower growth overall

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    The balance of payments (BOP), essentially what is left after the country's foreign-currency earnings are deducted from its expenses, is projected to remain in surplus of some USD3.5 billion in 2024, according to the Bangko Sentral ng Pilipinas (BSP).

    Philippines misses 2024 tourist arrival target, optimistic for 2025

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    The Philippines fell short of its tourist arrival target for 2024, recording 5.95 million foreign visitors, well below the goal of 7.7 million. 

    Recto unceasing in pushing for LANDBANK, DBP charter reforms

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    The Department of Finance (DOF) has commended the Land Bank of the Philippines (LANDBANK) and the Development Bank of the Philippines (DBP) for their strong financial positions, noting the institutions are now in a better position to expand services and support national economic priorities.

    PSE kicks off 2025 with modest gains as late buying boosts market

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    The Philippine Stock Exchange (PSE) rounded its first trading day of 2025 on a positive note, despite a sluggish start. The benchmark PSE Index rose by 21.60 points to settle at 6,550.39, following a late surge in buying activity that lifted the market after a largely red session.

    Record passenger traffic at NAIA bodes well for broad economy

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    The Ninoy Aquino International Airport (NAIA) reached new heights in 2024, recording its highest-ever passenger and flight volume, according to the New NAIA Infrastructure Corporation (NNIC).
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    Smuggled vehicles declared as car parts seized

    Context Dispatch 0
    The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.

    False resort claims land Calata executives ₱4M fine each

    Corporate 0
    The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).

    Gov’t steps up support amid PUV amortization woes

    Transport & Communications 0
    The Department of Transportation (DOTr) is ramping up assistance for transport cooperatives that have modernized their public utility vehicle (PUV) fleets, emphasizing continued support for those struggling with bank amortization. This develops following President Ferdinand Marcos Jr.'s directive to ensure that financial issues do not derail the PUV modernization program.

    DPWH launches real-time infra oversight app

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    The Department of Public Works and Highways (DPWH) is streamlining infrastructure oversight with its new Fortified Operations and Maintenance Geospatial Survey (OMGS) mobile application—an innovation hailed for its policy impact on public infrastructure management.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    More affordable rice on the horizon, says DA

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    The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.
    Context Dispatch

    Smuggled vehicles declared as car parts seized

    0
    The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.
    Corporate

    False resort claims land Calata executives ₱4M fine each

    0
    The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).
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