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Foreign direct investments fall 31 percent in March

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The Philippines continued to generate lackluster interest from long-haul foreign investors that in March this year chose to invest even fewer funds than they...

Manila sovereign standing rated weak under latest S&P readings

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On a scale of 1 to 6, with 6 being weakest, the Philippine sovereign's institutional and economic standing is rated 4, according to the...

World Bank lifts PH growth outlook to 6%

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The Philippine economy is seen to expand faster than expected this year, driven by the resilience of domestic demand amid high inflation, according to...

Groups clash over fishing vessel monitoring measures

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Fishery stakeholders stand firm against the mandate for commercial fishing vessels to install tracking systems so that their fishing activities are effectively monitored by...

BSP cuts the banks’ deposit reserves

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Beginning June 30 this year, the various banks and financial institutions will observe substantially lower reserves on their deposit holdings, according to the Bangko...
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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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