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Inflation eases further to 6.1 percent in May

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Inflation, or the rate of change in prices, eased further in May to 6.1 percent, from 6.6 percent in April, even lower than market...

Manufacturing sector logs 16 months of continued expansion

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The Philippine manufacturing sector further improved its performance in May as new orders and production expanded more quickly and employment picked up slightly compared...

ECOP, PHILEXPORT chief seeks safeguards, support for local businesses with RCEP ratification

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The head of the employers’ association of the Philippines cheered the ratification of the Regional Comprehensive Economic Partnership (RCEP), but stressed the need for...

BSP plots lower inflation in May

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The monetary authorities on Wednesday project inflation to slow down further in May, from as low as 5.8 percent to no more than 6.6...

DBM tells agencies to refrain from saving and spend as budgeted instead

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Budget Secretary Amenah F. Pangandaman on Monday urged government agencies to further ramp up the disbursement of funds and spend more so as to...
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Aznar Shipping files IPO to fund expansion

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Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

Trade & Investments 0
President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Transport & Logistics 0
Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

New 8-car EMU trainset delivered for North-South Commuter Railway

Transport & Logistics 0
The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.

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