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BSP tracks strong outflows, weak inflows in October amid global uncertainty

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The Bangko Sentral ng Pilipinas (BSP) on Friday reported a shift in foreign investment flows for October 2024, with net outflows amounting to USD529.68 million.

Inflation pressures remain as weather, peso weigh on prices

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The Bangko Sentral ng Pilipinas (BSP) on Friday projected that inflation for November 2024 will settle within the range of 2.2 percent to 3 percent.

Strategic liquidity management helps fuel 10-month loan growth

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Lending activity among banks remained robust in October, with universal and commercial banks (U/KBs) reporting a 10.6 percent year-on-year expansion in outstanding loans, slightly easing from the 11 growth in September, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

National government posts P6.3B surplus in October

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The national government (NG) reported a strong fiscal performance in October, recording a P6.3 billion surplus, a significant turnaround from the P34.4 billion deficit in the same month last year. 

MGen expands coal-fired plans despite moratorium

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Manila Electric Co.'s (Meralco) power generation arm, Meralco Power Gen Corp. (MGen), is actively pursuing the development of new coal-fired power plants, despite a government-imposed moratorium on new coal projects.
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BIR pilots digital trade window, streamlines import process

Communications & Technology 0
Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

CIAC, Jamco seal P600-M Clark expansion deal

Trade & Investments 0
Clark International Airport Corporation and Jamco Philippines Inc. formalized a P600-million expansion agreement on June 23, 2026, deepening Clark’s positioning as a rising aerospace manufacturing hub and signaling renewed investor confidence in high-value production within the country.

ABI Pascual leads Laguna 100-day milk program

Education, Health & Science 0
A stronger push to address child malnutrition is underway in ABI Pascual Foods, Inc., as it teams up with the National Dairy Authority, the Department of Education, and the Sta. Rosa local government to roll out a 100-day milk feeding program for public school learners.

Lanao del Norte water research center to get major upgrades

Agriculture 0
The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.

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