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Long-haul FDIs continue to push lower in 2022

Foreign direct investments (FDI) flowed inward on net basis last year to $9.2 billion, sharply lower than in 2021 when this aggregated $12 billion. In...

Jobless Filipinos hit 2.37-M in January

The number of jobless Filipinos climbed in the first month of the year as holiday hiring trends in December started to wane.

Bautista adopts cost-control, transparency measures at DOTr

The Department of Transportation (DOTr) under Secretary Jaime Bautista has issued an order stripping attached agencies of authority to engage in activities or transactions exceeding P50 million without prior agency approval.

50 days left but barely 25 percent of SIMs are registered – DICT

Barely a fourth or 24.26 percent of subscriber identity modules or SIMs have thus far registered, the Department of Information and Communications Technology (DICT) said on Wednesday.

February GIR stands lower than $100 billion

The gross international reserves (GIR) level, an indication of capacity to pay for external trade and debt obligations, again fell below $100 billion.   According to...

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Gov’t to roll out P1.28B transport aid starting April 6

The government will begin distributing P1.28 billion in additional financial assistance to transport workers starting April 6, Ferdinand R. Marcos Jr. announced on Tuesday.

Puregold posts 9% profit growth in 2025

Grocery chain Puregold Price Club Inc. reported a nearly 9 percent increase in net income for 2025, reaching P11.3 billion from P10.4 billion the previous year.

PAL posts higher profit in 2025 despite industry challenges

Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

DA sends trucks to address Benguet vegetable oversupply

The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.

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