Domestic interest rates, best reflected by the benchmark rate of the Bangko Sentral ng Pilipinas (BSP), are seen to mirror the reduction adopted by the US Fed, which has cut its own benchmark by 50 basis points, analysts say.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Wednesday projected a gradual easing of rice prices as soon as October as a result of the government decision reducing the tariff on imports.
Personal remittances from Filipinos living and working abroad reached USD3.43 billion in July, an increase of 3.2 percent from the USD3.32 billion total in the same month last year.
The trading world has turned impatience into a business model. Scroll any social feed and you’ll see promises of instant wins, luxury lifestyles, and financial freedom on demand. Charts blink, testimonials shout, urgency sells—but thought rarely does. In this culture, patience is often seen as a liability rather than a virtue.
The Philippine Airlines (PAL) has taken delivery of its first Airbus A350-1000, becoming the first carrier in Southeast Asia to operate the next-generation widebody aircraft as part of its long-term fleet modernization and global expansion plans.
The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.