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2Q 2024 external liabilities eased, but government and corporate debt pressure mounts

The country's external financial landscape showed mixed signals in 2Q 2024, with a 3.6 percent quarter-on-quarter easing in its net external liability position to P2.9 trillion, down from P3 trillion in 1Q 2024.

DBCC commits to 2 percent to 4 percent inflation target to anchor economic expectations

Food-driven high inflation, averaging a three-month high of 2.5 percent in November, is forecast to average no higher than 3.1 percent in December, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

Govt on track to meet fiscal goals; 11-month revenue at 96% of target

The Philippine government is on track to meet its fiscal goals for 2024, with revenue collection outpacing the target as of November, helping keep...

Remittances seen rounding 2024 at $40 billion

Remittances, a potent source of external liquidity for the Philippines, is projected to round the year at more than USD40 billion this year, according to latest estimates by the World Bank.

Globe Business helps power cooperatives with digital transformation

In a move helping empower cooperatives across the Philippines, Globe Business is enabling digital transformation to improve member engagement, streamline operations, and promote sustainable growth.

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BIR pilots digital trade window, streamlines import process

Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

CIAC, Jamco seal P600-M Clark expansion deal

Clark International Airport Corporation and Jamco Philippines Inc. formalized a P600-million expansion agreement on June 23, 2026, deepening Clark’s positioning as a rising aerospace manufacturing hub and signaling renewed investor confidence in high-value production within the country.

ABI Pascual leads Laguna 100-day milk program

A stronger push to address child malnutrition is underway in ABI Pascual Foods, Inc., as it teams up with the National Dairy Authority, the Department of Education, and the Sta. Rosa local government to roll out a 100-day milk feeding program for public school learners.

Lanao del Norte water research center to get major upgrades

The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.

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