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PH on track for 5.7% growth in 2024, driven by strong inflation control

The USD437 billion Philippine economy is projected to grow by 5.7 percent in 2024, according to Fitch Ratings, which credits the country’s effective monetary policy for the positive outlook.

OFW remittances continue to surge: October sees 2.7% growth

The Bangko Sentral ng Pilipinas (BSP) on Monday reported a positive trend in personal remittances from overseas Filipinos (OFs), with October 2024 figures showing a 2.7 percent annual increase.

Philippine T-bill yields rise ahead of central banks’ action

Philippine Treasury bill (T-bill) yields rose at Monday’s auction compared to the previous week, as market participants await key monetary policy decisions from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) later this week.

LTFRB issues SCO vs Angkas on rider cap breach

The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a show cause order (SCO) to motorcycle ride-hailing and delivery service app, Angkas, demanding an explanation for allegedly surpassing the government-mandated cap on motorcycle taxis in Metro Manila.

DA stands firm on closed-fishing season for sustainable fisheries

The Department of Agriculture (DA) and Bureau of Fisheries and Aquatic Resources (BFAR) reaffirmed their commitment to the closed-fishing season as a critical conservation measure. 

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BIR pilots digital trade window, streamlines import process

Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

CIAC, Jamco seal P600-M Clark expansion deal

Clark International Airport Corporation and Jamco Philippines Inc. formalized a P600-million expansion agreement on June 23, 2026, deepening Clark’s positioning as a rising aerospace manufacturing hub and signaling renewed investor confidence in high-value production within the country.

ABI Pascual leads Laguna 100-day milk program

A stronger push to address child malnutrition is underway in ABI Pascual Foods, Inc., as it teams up with the National Dairy Authority, the Department of Education, and the Sta. Rosa local government to roll out a 100-day milk feeding program for public school learners.

Lanao del Norte water research center to get major upgrades

The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.

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