China has offered the Philippines an opportunity to capitalize on its technology either to revive the mothballed Bataan Nuclear Power Plant (BNPP) or build a new small modular nuclear reactor (SMR).
The country’s gross international reserves (GIR), an indicator of capacity to pay for trade and debt obligations, rose to $99.7 billion as of end-January 2023 from the end-December 2022 level of $96.1 billion.
The Department of Finance (DOF) believes improved productivity in the agriculture sector and stable energy supply will help tame inflation that pushed past expectations...
The Department of Budget and Management (DBM) is urging the public to participate in the government's budget preparation process to ensure a responsive allocation and contribute to the achievement of the country's development goals.
The rate of change in the price of consumer goods and services accelerated to 8.7 percent year-on-year in January, its fastest pace since the 9.1 percent recorded in November 2008, on account of higher cost of house rental, utilities, food and transportation.
A historic moment in Philippine mountaineering was celebrated anew as two pioneering Filipina climbers reunited with teammates and supporters to mark the launch of Live the Dream 2, a book chronicling their record-setting ascent and traverse of Mount Everest in 2007.
The Department of Agriculture (DA) and the Department of Tourism (DOT) are joining forces to promote food and farm tourism—an effort designed to draw more foreign visitors, boost domestic travel, and advance President Ferdinand Marcos Jr.’s agenda of revitalizing rural economies and generating countryside jobs.
The Bangko Sentral ng Pilipinas (BSP) is considering further interest rate cuts as inflation in the Philippines remains within the target range, signaling a potential shift to a more accommodative monetary policy to bolster investment and economic growth.