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Rising tourist arrivals strain water and energy resources, increases CO2 output

The Philippines is grappling with increasing pressure on its water and energy resources due to a surge in tourist arrivals.

Central bank lending rate seen reflecting US Fed rate cut

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.

DA chief projects significant drop in rice prices by January due to tariff reduction

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.

3Q palay output projected to fall 11% to 3.36 million metric tons

The Philippine Statistics Authority projected an 11 percent reduction in palay output in the third quarter to 3.36 million metric tons.

OF personal remittances increase by 3.2% in July to USD3.43 billion

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.

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Slow LGU permitting still holding back telco rollout, even as reforms show early progress 

Globe Telecom is calling for quicker action from local government units on telecommunications permits, saying lingering delays remain a key barrier to expanding internet and mobile service—especially to far-flung and underserved communities. While recent reforms have yielded early results, bureaucratic inertia continues to slow down the rollout of critical infrastructure.

Tourism crossroads

Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.

Philippines eyes critical minerals investment at Australia mining meet

The Philippines will showcase investment opportunities across the critical-minerals value chain at Australia’s largest mining conference, seeking to attract capital that can transform its mineral resources into higher-value industries and strengthen its position in global supply chains.

BSP book unveils pre-colonial Surigao gold treaures 

The Bangko Sentral ng Pilipinas has launched a new book titled “Bahandi: The Surigao Treasure and Related Finds”at its head office in Manila. The publication shines a spotlight on extraordinary pre-colonial gold artifacts, revealing the rich cultural heritage and advanced civilization of early Filipinos long before the arrival of Spanish colonizers.

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