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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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Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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