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    FDIs nosedive by 46% to $448M in January

    The Philippines started on the wrong foot as foreign direct investments (FDIs) that entered the country nosedived by 45.7 percent to a 20-month low...

    Economy creates more jobs in February but not enough; rank of jobless rise

    Around 102,000 Filipinos joined the ranks of the unemployed in February,  raising the number of the jobless to 2.47 million from 2.37 million in...

    Statistics Office revise down 4Q GDP growth to 7.1%

    The Philippine Statistics Authority has released the revised estimates of the national accounts for the fourth quarter but the annual rates of growth for...

    Digital enterprises obliged to pay taxes, reminds BIR exec

    The Bureau of Internal Revenue (BIR) is reminding digital enterprises that, like traditional businesses, they are covered by the Tax Code and have tax...

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    Maya, GCash cut ties with online gambling, sever links, icons from platform

    The country’s two e-wallet companies on Thursday said they will comply with the Bangko Sentral ng Pilipinas’ (BSP) directive to remove links and icons that connect payment apps to online gambling platforms.

    Korea-funded cold storage and food hub launches in Palawan

    A Korea-funded cold storage and seafood distribution hub launched in El Nido, Palawan, this week—marking a major policy-driven initiative to enhance fisheries, support local cooperatives, and strengthen climate-resilient livelihoods in coastal communities.

    DA keeps rice price cap despite upcoming import suspension

    The Department of Agriculture (DA) on Thursday announced that the maximum suggested retail price (MSRP) for imported rice will remain in effect during the planned two-month rice import suspension beginning September 1.

    ERC proposes policy reforms to expedite 5,000-case backlog

    The Energy Regulatory Commission (ERC) is proposing key internal policy adjustments aimed at accelerating the resolution of approximately 5,000 pending cases, some dating back to the agency’s founding in 2001.

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