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ERC-approved FIT-all rate increase makes for more expensive electricity next month

The Energy Regulatory Commission (ERC) has approved an upward adjustment in the feed-in-tariff allowance (FIT-All) rate, effective March 2025. This, the ERC said, ensures the sustainability of renewable energy (RE) incentives, with the new rate increasing by P0.0351 per kilowatt hour (kWh) for consumers in on-grid areas.

BOC vows accountability in post-seizure cigarette resale bid

Customs chief Bienvenido Y. Rubio said over the weekend that significant personnel changes will occur if investigations confirm that Bureau of Customs (BOC) staff members were involved in the attempted resale of P270 million worth of seized contraband cigarettes from Capas, Tarlac.

PH FATF grey list exit sets stage for econ growth, credit rating boost

The Bangko Sentral ng Pilipinas (BSP) has celebrated the country's removal from the Financial Action Task Force’s (FATF) grey list, a significant milestone in the country’s financial reforms in combating money laundering and terrorism financing. The FATF’s recent statement confirms that the Philippines has addressed critical deficiencies in its anti-money laundering (AML) and counter-terrorism financing (CFT) framework.

BSP unfreezes P300B in deposit reserves

The Bangko Sentral ng Pilipinas (BSP) has determined that the inflation and liquidity dynamics is such that the monetary board reduced the banks' reserve requirement ratios (RRRs) by 200 basis points (bps) beginning 28 March 2025.

Weak peso, debt service burden push BOP into deficit in January

The country’s overall balance of payments (BOP) posted a higher deficit of USD4.1 billion in January, compared to the USD740 million deficit recorded in the same period last year. The Bangko Sentral ng Pilipinas (BSP) attributed this development primarily to its net foreign exchange operations and the national government’s drawdowns from foreign currency deposits to meet external debt obligations.

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GT Capital buys 20%  of property firm

GT Capital Holdings, Inc., the listed investment arm of the Ty Group, has acquired a 20 percent direct stake in Federal Land NRE Global Inc. (FNG), strengthening its foothold in the country’s property sector.

Taiwan firms eye Philippine expansion, EV bus plant

Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.

Fuel, rice, power cost push inflation higher in March forecast

The Bangko Sentral ng Pilipinas (BSP) expects inflation to pick up in March 2026, forecasting it to settle between 3.1 percent and 3.9 percent, a notable increase from the 2.4 percent recorded in February.

Philippines IP filings hit record, innovation rises

The Philippines logged a record 53,231 intellectual property filings in 2025, signaling a steady shift toward innovation-led growth as invention, design, and applied research gain traction across industries.

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