The Department of Information and Communications Technology said Friday it is assessing the impact on local companies and the broader economy of the global software outage caused by an alleged faulty update at Microsoft by its cybersecurity provider.
The Philippines clinched the prestigious Best Ports of Call 2024 award at the 10th Asia Cruise Awards in Jeju Island, South Korea, affirming its status as a top cruise tourism destination.
Prices of rice and sugar ease in early July from their levels in June but cost of chicken and galunggong rose, results of the regular price monitoring of the Philippine Statistics Authority showed.
Bank lending to the agricultural sector, historically low and problematic, showed promise in latest survey jointly conducted by the Bangko Sentral ng Pilipinas (BSP) and the Agricultural Credit Policy Council (ACPC), which works under the Department of Agriculture (DA).
The personal remittances of overseas Filipinos in the first five months this year rose 3.0 percent to USD 14.89 billion from only USD14.46 billion in the year-ago period, the Bangko Sentral ng Pilipinas said on Monday.
The Philippines is set to ink 11 new loan agreements with Japan under Japanese fiscal year 2026, totaling JPY371.31 billion, roughly USD2.41 billion, strengthening the decades-long development partnership between the two nations.
Independent Commission for Infrastructure chairman Andres Reyes Jr., the former Court of Appeals presiding justice once known for slicing through case backlogs with quiet efficiency, is now helping build a new kind of remedy for bureaucratic gridlock.
The redevelopment of the former Fort Strip along 5th Avenue marks a strategic shift for Bonifacio Global City as the Metro Manila Subway Project advances.
Vitarich Corp. is strengthening its grip on the poultry value chain with a P280 million acquisition that is set to raise its breeder capacity by about 8 percent, a move aimed at stabilizing chick supply and trimming production costs in a volatile market.