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Sullen consumers prevail over cheery patrons in latest BSP survey

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Consumer confidence remained pessimistic under latest survey conducted by the Bangko Sentral ng Pilipinas (BSP) in the second quarter (2Q) this year, with the...

BSP holds policy rate steady a second time

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The policy-making Monetary Board on Thursday held the rate at which it borrows from banks steady at 6.25 percent, the second such pause in...

Consortium proposes unsolicited P267-billion redevelopment of NAIA

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The Manila International Airport Consortium on Monday unveiled the P267-billion masterplan for the redevelopment of the Ninoy Aquino International Airport, an unsolicited proposal that...

Banks rated most expensive channel for remitting overseas earnings – World Bank

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Banks are the most expensive channels of remitting one’s overseas income and typically charge 11.8 percent for sending $200 to families back home, far...

Investment in infra development to boost tourism

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Investment in infrastructure development is crucial in further developing the tourist destinations as tourism bounces back from the pandemic and aims to increase its...
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ECOP urges regions to resist copying NCR wage hike

Economy 0
The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

Gov’t appeals SC ruling barring mandatory vessel tracking system 

Agriculture 0
The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.

Fuel prices roll back this week as PH supply improves

Energy & Mining 0
The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.

VinFast expands battery swapping to drive Philippine EV adoption

Transport & Logistics 0
Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.

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