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.
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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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Century Properties Group (CPG) is putting P5.6 billion into a premium housing project in General Trias, Cavite, as it expands beyond Metro Manila to capture rising residential demand around Southern Luzon’s growing industrial and employment centers.
The nation's overall balance of payments, or what is left after its foreign exchange expenses are deducted from its earnings, recorded a smaller deficit in the first half of 2026, driven by a surge of cross-border financial activity that helped absorb a widening trade gap. Bangko Sentral ng Pilipinas (BSP) covering January to June reveals the external balance logged a $3.9 billion deficit—representing 1.6 percent of gross domestic product—marking a noticeable improvement from the $5.6 billion shortfall, or 2.4 percent of GDP, recorded during the same period last year.
The Philippines has added 10 influential names to one of its highest cultural honors, recognizing artists whose work has helped shape how Filipinos build their cities, move their bodies, tell stories, preserve traditions, and see themselves as a nation.
Gilas Pilipinas kept its Asian Games basketball title defense alive with a 31-point rout of Kazakhstan, 109-78, Saturday night, moving to 1-1 in Group C and boosting its quarterfinal chances with a much-needed shooting display.