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...
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.
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.
The gross international reserves (GIR) level, an indication of capacity to pay for external trade and debt obligations, again fell below $100 billion.
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A planned 4,000-acre artificial intelligence (AI)-driven industrial hub in New Clark City is being positioned as a major draw for foreign investments and a catalyst for reviving key Philippine industries, government officials said on Friday.
Consumer sentiment in the Philippines improved at the start of 2026, but both households and businesses are growing more cautious about the months ahead, according to surveys by the Bangko Sentral ng Pilipinas (BSP). The shifting outlook highlights the delicate balance policymakers face as they weigh inflation risks against slowing economic momentum.
Motorcycle taxi riders are welcoming short-term government financial assistance as fuel prices climb, but industry leaders say lasting protection will only come through legislation that secures their livelihoods.
The Bureau of Internal Revenue (BIR) is beginning to show early results from its five-pillar reform program, Commissioner Charlito Martin Mendoza told members of the European Chamber of Commerce of the Philippines (ECCP) during a high-level dialogue held with Deloitte Philippines at Dusit Thani Manila.