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    BOP surplus soars to $3.7B in Q3, powered by financial account inflows

    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.

    Palay farm gate prices continue decline in November

    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.

    ADB approves $30M loan to boost PPP projects and infrastructure in the Philippines

    The Asian Development Bank (ADB) has approved a $30 million loan to support the Philippines' infrastructure development through public–private partnerships (PPPs).

    Water rate hike ahead for Metro Manila in 2025

    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.

    PH trade deficit widens in October

    The Philippines' trade deficit in October widened significantly to USD5.8 billion, as imports continued to outpace exports. 

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    VP Duterte announces presidential bid

    Vice President Sara Duterte on Wednesday declared she will run for president in 2028, ending months of speculation about her political future.

    Hann Philippines bets big in education

    Hann Philippines, Inc. is set to make a major mark on New Clark City’s growing landscape, announcing plans to build a world-class international school within its Hann Reserve development.

    ACMobility launches digital EV fleet platform

    ACMobility, the Ayala Group’s end-to-end mobility provider, has launched ChargeFleet, a digital fleet management platform aimed at removing operational barriers that have slowed electric vehicle adoption in the Philippines.

    DPWH speeds up road project in BARMM

    The Department of Public Works and Highways (DPWH) is fast-tracking major road projects in conflict-affected areas of Mindanao to strengthen connectivity and help sustain peace in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

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