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Fewer long-duration foreign funds made Phl home in first two months

Top News Jun Vallecera Jun Vallecera -
Long-duration foreign funds more known as foreign direct investments (FDI) poured inward in February totaling $1 billion or 13 percent more than only $926...

Moody’s unit forecasts sharply lower growth in 1Q

Top News Jun Vallecera Jun Vallecera -
Moody’s Analytics, the data-crunching unit of sovereign credit watcher Moody’s Investors Service, on Monday projected sharply lower economic output from the Philippines in the...

Economy creates more jobs, cuts unemployment rate to 4.7%

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Unemployment rate eased further in March, underscoring a steady recovery of the economy from the adverse effects of the Covid-19 pandemic, with a net...

Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

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Dennis Anthony Uy, co-founder of publicly listed Converge ICT, will build in Pampanga his version of Silicon Valley— a billion-dollar venture meant to provide...

Manila floats $2-B ADB loan for public works projects

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The Department of Public Works and Highways (DPWH) is seeking a $2 billion loan from the Asian Development Bank (ADB) to build the first...
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Middle East conflicts force another weekly spike in local fuel prices

Energy & Mining 0
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Agriculture 0
Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Sports & Entertainment 0
Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

Agriculture 0
The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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