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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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DA backs calamity declaration to mobilize El Niño response 

Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.

Prime Midstream sees sustained gas demand as power needs rise

Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.

Japanese diplomat reaffirms bilateral ties at 82nd Leyte Gulf landings commemoration

Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.

San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.

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