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August inflation eases to 3.3 percent on slower increases in rice price, other food items

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Headline inflation in the Philippines slowed to 3.3 percent in August 2024, its slowest pace since January this year, as increases in the prices of rice, other food items as well as the cost of transport and cooking gas eased, the Philippine Statistics Authority said Thursday.

Outstanding national government debt rises to P15.69 trillion in July

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The National Government's outstanding debt reached P15.69 trillion as at end-July 2024, up by P206.49 billion or 1.3 percent from June due to net issuances of domestic and foreign debt.

Farm trade deficit widens in 2Q despite higher farm exports

Agriculture Context.ph Context.ph -
The Philippines continued to experience a significant agricultural trade deficit in the second quarter of 2024, even as agricultural exports saw a double-digit increase. The deficit widened to USD3.07 billion in the second quarter after a trade gap of USD2.62 billion in the first quarter of the year.

BPI sets aside P3 billion in affordable housing loans

Banking & Insurance Context.ph Context.ph -
The Bank of the Philippine Islands has allocated P3 billion with its entry in the socialized and affordable housing segment of the market.

Bank lending resilient in double digits in latest central bank count

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The monetary authorities reported bank lending remaining resilient and still growing in double digits, averaging 10.4 percent in July. 
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Analog TV in Mega Manila to shut down November 22

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The National Telecommunications Commission (NTC) has confirmed analog television broadcasts in Mega Manila will officially cease on November 22, 2026, marking a major milestone in the country’s shift to digital TV. Deputy Commissioner Alvin Blanco said the target date is firm, and that television networks have been preparing public service announcements and information materials to help people get ready for the change.

Meralco wins pride award for building more inclusive workplace

Corporate Bulletins 0
Manila Electric Co., the country’s largest listed distribution utility better known as Meralco, is proving that powering the good life means powering a workplace where everyone belongs.

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

Communications & Technology 0
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

Opinion 0
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.

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