The average interest rates on treasury bills rose at Monday's auction, reflecting concerns over inflationary pressures following the release last week of November data, which showed a pick-up in price increases driven by supply bottlenecks caused by recent weather disturbances.
The Philippines is expected to remain resilient over the next two years, fueled by strong domestic consumption, infrastructure investment, and an expanding services sector, according to a new report from the Philippine Institute for Development Studies (PIDS).
The country's gross international reserves (GIR) dropped to USD108.5 billion as of end-November 2024, down from USD111.1 billion in October, according to the latest...
The unemployment rate eased to 3.9 percent in October 2024 from 4.2 percent in the same month last year, with the number of jobless Filipinos declining to 1.97 million from 2.09 million.
Philippine Airlines (PAL) continues to soar in regional recognition, having been ranked the second most preferred airline in Southeast Asia in the prestigious 2025 Flyers’ Choice Awards by AirlineRatings.com.
The Department of Transportation (DOTr) announced on Tuesday that construction of the expanded passenger terminal building (PTB) at Siargao Airport will begin this Friday, as part of efforts to enhance passenger experience and improve comfort and safety for both local and international tourists visiting the island.
A new chapter in Boracay’s tourism infrastructure began today with the launch of the P150-million Unified Automated Ticketing System, branded “LezzGo Boracay,” at the island’s entry and exit ports.
The Bank of the Philippine Islands (BPI) has released version 13.1 of its mobile app, introducing advanced security features aimed at combating evolving cyber threats.