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).
The Philippine Airlines (PAL) is now allowing small dogs to travel inside the aircraft cabin on all domestic flights, expanding its pet-friendly FurPAL program.
The Light Rail Manila Corporation (LRMC) said it is stepping up efforts to modernize the Light Rail Transit Line 1 (LRT-1) as daily ridership is expected to surpass pre-pandemic levels by 2026.
The Philippine auto industry is entering 2026 with guarded expectations as lingering aftershocks from a turbulent second half of 2025 weigh on recovery prospects.