Wednesday, 14 May 2025, 9:42 am

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    S&P upgrades PH credit outlook to ‘Positive,’ paving way for potential A-rating

    S&P Global Ratings has raised the country's credit rating outlook to "positive," signaling a potential upgrade to an "A-" rating within the next 24 months.

    T-bill rates tick higher in anticipation of global monetary shifts

    The average rates of treasury bills were higher at the auction Monday as the market awaits further monetary policy signals both from the US and the Bangko Sentral ng Pilipinas.

    Meat imports surge as holiday season winds up

    The Philippines has seen a notable increase in meat imports during the first nine months of 2024, with total shipments reaching 1.04 billion kilograms, a 12.6 percent jump from only 923.16 million kilograms in the same period last year.

    PH, New Zealand forge stronger ties on climate action

    The Philippines and New Zealand have taken a significant step in strengthening their climate change collaboration by signing a joint declaration on 19 November, committing to the goals of the Paris Agreement and the transition to a low-emissions economy.

    MPTC reshuffles exec team in bid for operational excellence

    Metro Pacific Tollways Corporation (MPTC) on Friday announced a strategic reshuffle of its leadership team to strengthen its financial management and operational performance, effective immediately.

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    Microsoft to lay off 6,000 workers globally

    Microsoft is laying off around 6,000 employees—nearlyw 3 percent of its global workforce—in its biggest job reduction since 2023, as the Washington-based tech giant continues to streamline operations in response to shifting market conditions.

    Shell Pilipinas maintains strategic investment amid profit decline

    Shell Pilipinas Corp. (SPC) is pressing ahead with a disciplined investment strategy, committing between P2 billion and P3 billion annually in capital expenditures for 2025 and 2026, despite posting a steep 47.1 percent drop in first-quarter net income.

    Meat imports surge nearly 26% in 1Q, highlighting domestic supply gaps

    Meat imports surged by 25.9 percent in the first quarter of 2025 compared to the same period last year, driven primarily by higher pork and chicken shipments, according to data from the Bureau of Animal Industry (BAI).

    BOC NAIA seizes P4.4M worth of ecstasy, heroin in parcels

    The Bureau of Customs at the Ninoy Aquino International Airport (BOC-NAIA) today (13 May 2025) confiscated six parcels containing Ecstasy and heroin valued at approximately PhP4.43 million.

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