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No let-up in price pressures with forecast February inflation seen as high as 9.3%

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The Bangko Sentral ng Pilipinas (BSP) on Tuesday forecasts inflation in February to settle within the range of 8.5 to 9.3 percent. 

NEDA warns against legislated wage hikes

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The National Economic and Development Authority (NEDA) said a legislated across-the-board wage hike would be very harmful to the Philippine economy in the longer term.

Smart legal, tax teams already in talks with Makati City Hall; assures uninterrupted services

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Smart Communications Inc. said its legal and tax teams are in talks with the Makati City local government over an alleged P3.2 billion tax...

Makati shuts down Smart main office over P3.2-B tax deficiency

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The Makati City Government on Monday issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.  Smart has failed...

Local banks on solid footing no matter the economic headwinds – Medalla

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Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla has declared the local financial landscape on solid footing, saying the banking system is strong,...
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DA backs calamity declaration to mobilize El Niño response 

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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

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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

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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

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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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