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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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DA backs calamity declaration to mobilize El Niño response 

Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.

Prime Midstream sees sustained gas demand as power needs rise

Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.

Japanese diplomat reaffirms bilateral ties at 82nd Leyte Gulf landings commemoration

Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.

San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.

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