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Lending standards among banks broadly unchanged in BSP survey 

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The various banks have neither tightened nor loosened their lending standards on loans to households or businesses in the first three months of the...

BSP forecasts April inflation to remain elevated

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Inflation, which has moderated from its January peak of 8.7 percent in subsequent months, is forecast to moderate even further in April. According to the...

Portfolio money left the Philippines in 1Q

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More foreign investments have flown out than have poured inward in the first three months of the year, based on latest data from the...

Conglomerates resubmit P100 billion proposal to upgrade NAIA

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Six of the country’s biggest conglomerates have consolidated and submitted an unsolicited proposal to rehabilitate and upgrade the Ninoy International Airport. The more than P100...

Digital economy valued at P2.08 trillion in 2022

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The digital economy in 2022 aggregated P2.08 trillion, around 9.4 percent of the country's gross domestic product, according to a pilot study done by the Philippine Statistics Authority. The...
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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

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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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