The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced a 25 basis point reduction in its key interest rates, lowering the target reverse repurchase rate to 6 percent.
Economic Planning Secretary Arsenio Balisacan underscored the critical role of public-private partnership projects in bolstering disaster resilience in the Philippines at the 2024 Asia-Pacific Ministerial Conference on Disaster Risk Reduction.
Farm gate prices of palay were higher in September compared to the year-earlier level even as it eased from the level in August, boosting rice farmers income.
The Department of Agriculture (DA) on Monday projected a stronger agricultural sector output in 2025 on the back of lessons learned from current year's...
The Executive Board of the International Monetary Fund (IMF) has concluded its review of charges and the surcharge policy and has bared significant reforms aimed at reducing borrowing costs for member countries like the Philippines.
Philippine Infradev Holdings Inc. has declined to provide further details on its reported settlement with the Makati City government over the scrapped subway project, citing strict confidentiality rules imposed by an arbitral tribunal in Singapore.
“Yalla, Eala!” the signs screamed at the Dubai Duty Free Tennis Stadium, and Alex Eala delivered on cue, as if the desert night had personally requested a show.
President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.
Global capability centers (GCCs) are poised to outpace the broader information technology–business process management (IT-BPM) industry in both revenue and job creation, underscoring their growing role in the Philippines’ outsourcing landscape.