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ECOP chief seeks balanced, inclusive representation on P150 wage hike

The umbrella organization of Philippine employers called for a more balanced and inclusive representation of all the sectors to be affected by the...

Foreign currency reserves marginally lower in April at $101-B

The Bangko Sentral ng Pilipinas (BSP) reported the preliminary gross international reserves (GIR) reaching $101.51 billion in April this year, marginally lower than March...

Former Mastercard CEO and global equity investor heads World Bank

The World Bank recently selected a new president to a five-year term beginning 2 June this year. Ajay Banga, former president and CEO at Mastercard...

Inflation decelerates in April to 6.6% on lower food, electricity prices

Lower prices of food, electricity, and cooking gas helped further slow down headline inflation in April to 6.6 percent, extending a deceleration that started...

BOC achieves highest daily collection of P7.510-B

The Bureau of Customs (BOC) achieved a significant milestone on 28 April this year with a record-breaking daily collection of P7.510 billion.  This impressive feat...

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Middle East conflicts force another weekly spike in local fuel prices

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

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

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

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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