The country's balance of payments (BOP) position surged to a surplus of USD3.7 billion in the third quarter of 2024, a sharp recovery from the USD524 million deficit recorded in the same period last year.
The average farm gate price of dry palay fell to P20.03 per kilo in November, signaling a potential drop in rice prices for consumers in the coming months.
The Asian Development Bank (ADB) has approved a $30 million loan to support the Philippines' infrastructure development through public–private partnerships (PPPs).
Metro Manila residents will face higher water rates starting next year, as the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) adjusts tariffs to reflect changes in tax rates, environmental charges, and foreign currency differential.
SM Investments Corporation has earned its 17th consecutive Platinum Award at The Asset Corporate Sustainability Leadership Awards, organized by Hong Kong-based The Asset Publishing and Research Ltd. Its banking subsidiary, BDO Unibank Inc., also received a Platinum Award for sustainability performance.
Manulife Investment Management (MIM) expects the yield curve in the fixed income market to remain stable should the Bangko Sentral ng Pilipinas (BSP) keep its key interest rate at 5 percent at its rate-setting meeting on Thursday.
The Clark community gathered at Clark Global City’s West Aeropark on Monday to celebrate the Clark Moon Festival 2025, marking the Mid-Autumn Festival with cultural performances and a reaffirmation of partnerships aimed at driving the region’s development.