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Wednesday, 05 November 2025, 11:28 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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    DOE to auction 170 MW in waste-to-energy projects

    Energy 0
    The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.

    DOE proposes body harmonizing energy projects

    Energy 0
    The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.

    URC vows continued support for communities affected by Negros molasses spill

    Environment 0
    Universal Robina Corp. (URC) has assured continued assistance to communities impacted by the release of molasses-based wastewater from its Bais Distillery following the collapse of a containment lagoon on October 26.

    Lazada eyes record-breaking 11.11 sale

    Corporate 0
    Lazada Philippines announced that the 11 11, its biggest sale of the year, will run from November 10 beginning at 8 PM until November 13, positioning the event to surpass the performance of the previous 9.9 sale. In Taguig City, Lazada Philippines chief executive officer Carlos Barrera and head of seller operations Alvin Ching emphasized the company’s growing role in powering the nation’s digital economy and strengthening its reputation as the leading destination for authentic brands and quality products.

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    Credit, liquidity conditions stay supportive of economy

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    Lending by universal and commercial banks (U/KBs) continued to grow in September, alongside faster domestic liquidity expansion, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
    Energy

    DOE to auction 170 MW in waste-to-energy projects

    0
    The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.
    Energy

    DOE proposes body harmonizing energy projects

    0
    The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.
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