Moody’s Ratings (Moody’s) affirmed the country's investment-grade rating of “Baa2” with a “stable” outlook, the Bangko Sentral ng Pilipinas said on Friday.According to the BSP, the credit rating agency cited as key factors the country’s reforms to liberalize the economy, fiscal consolidation efforts, and robust macroeconomic fundamentals.
The Malampaya consortium led by Prime Energy Resources Development BV is on track towards extending the life of the Malampaya gas field with the award of a USD180 million contract to Allseas Nederland (Brasil) B.V.
The Philippines has kept its status as a net creditor country member of the International Monetary Fund that it first gained during then President Joseph Estrada leadership.
The tollway unit of San Miguel Corp. has implemented the second tranche of toll rate adjustments at the South Luzon Expressway, according to the Toll Regulatory Board (TRB).
It was a full-on block party for Alas Pilipinas on a Sunday afternoon in Hanoi, as the Philippine national team powered past Indonesia in four electrifying sets on Day 2 of the 2025 AVC Women’s Volleyball Nations Cup at the Dong Anh Gymnasium in Vietnam.
The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.
The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.
The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).