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BOP reverts to a surplus in March

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The country’s balance of payments (BOP) stood as a surplus of $1.3 billion in March this year, higher than the $754 million BOP surplus...

Araneta, Megawide clash over construction cost of Cubao buildings 

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Tycoon Edgar Saavedra’s publicly listed Megawide Construction Corp. is at legal odds with the Araneta family over construction costs related to erecting the Gateway...

Growth in OFW remittances slows in February

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The growth in the amount of money sent home by Filipinos living and working abroad slowed for the second straight month in February, according...

Asia-Pacific trade growth seen to weaken this year amid headwinds

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The Asia-Pacific’s trade growth is projected to weaken this year due to multiple headwinds in tandem with the world, but brighter prospects for trade...

Government sector borrowed $5.56 billion from foreign lenders in Q1

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The national government (NG) already borrowed 14 percent of its financing program this year equivalent to $5.56 billion, based on data from the monetary...
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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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