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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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    Foreign currency reserves rise in September

    The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.

    NEA to invest P600M in Basilan Electric Coop rehab

    The National Electrification Administration (NEA) announced plans to invest at least P600 million to rehabilitate the facilities of Basilan Electric Cooperative (Baselco), aiming to modernize its outdated infrastructure and improve service reliability.

    DA pushes for increased crop insurance funding

    Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. is calling on Congress to increase the government’s crop insurance subsidy, aiming to expand coverage to 4.2 million agricultural workers by next year.

    New TBM set to accelerate Metro Manila subway construction

    The Department of Transportation (DOTr) has deployed a third tunnel boring machine (TBM) at the Camp Aguinaldo Station to accelerate the construction of the ₱488.5-billion Metro Manila Subway Project (MMSP), in line with President Ferdinand Marcos Jr.’s directive to fast-track mass transit development.

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