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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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DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

SMC river cleanups ease flooding amid extreme rains

Rivers restored and maintained by San Miguel Corporation’s Better Rivers PH program carried record stormwater volumes over two weeks of heavy rain, sharply reducing flood risks and demonstrating the environmental and life-safety value of cleared waterways.

PNB Holdings, First Gen expand ties with 5MW renewable energy supply deal

PNB Holdings Corporation (PHC), the real estate arm of Philippine National Bank, has signed a deal with First Gen Group, the country’s leading renewable energy firm, for the direct supply of over 5 megawatts (MW) of clean power to two of its flagship properties, deepening ties between the Lucio Tan Group and the energy company.

NLEX Corp. Six-month net income rises 2% to ₱7.46B; toll gains offset traffic dip, cost pressures

NLEX Corporation reported a 2 percent rise in first-half 2026 net income, climbing to ₱7.46 billion from ₱7.33 billion in the same period a year earlier, as higher toll revenues countered softer traffic volumes and steeper operating and maintenance costs driven by an ongoing fuel price crisis.

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