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.
Century Properties Group (CPG) is putting P5.6 billion into a premium housing project in General Trias, Cavite, as it expands beyond Metro Manila to capture rising residential demand around Southern Luzon’s growing industrial and employment centers.
The nation's overall balance of payments, or what is left after its foreign exchange expenses are deducted from its earnings, recorded a smaller deficit in the first half of 2026, driven by a surge of cross-border financial activity that helped absorb a widening trade gap. Bangko Sentral ng Pilipinas (BSP) covering January to June reveals the external balance logged a $3.9 billion deficit—representing 1.6 percent of gross domestic product—marking a noticeable improvement from the $5.6 billion shortfall, or 2.4 percent of GDP, recorded during the same period last year.
The Philippines has added 10 influential names to one of its highest cultural honors, recognizing artists whose work has helped shape how Filipinos build their cities, move their bodies, tell stories, preserve traditions, and see themselves as a nation.
Gilas Pilipinas kept its Asian Games basketball title defense alive with a 31-point rout of Kazakhstan, 109-78, Saturday night, moving to 1-1 in Group C and boosting its quarterfinal chances with a much-needed shooting display.