The balance of payments (BOP), or what is left of the country's foreign currency earnings minus its foreign currency expenses, stood as a surplus of only USD238 million in the first three months this year, sharply lower than the year-earlier surplus of USD3.5 billion.
Manila Electric Company (Meralco) customers can expect a significant reduction in the June electricity rates, a turnaround from the increase announced earlier, as the power distributor implements staggered collection of generation costs from the Wholesale Electricity Spot Marker (WESM).
Globe Telecom is committed to widening its 5G network across the country despite the slow adoption of the technology.
The technology relates to a new...
The Philippines was likely to remain the world's top rice importer this year and next, with purchases seen half a million metric tons more each time, based on forecasts released by the United States Department of Agriculture.
Businessman Manuel V. Pangilinan, more popularly referred to as MVP, was again appointed by directors of PLDT as chairman, president and chief executive officer,...
Department of Agriculture Secretary Francisco Tiu Laurel Jr. has pledged strong support for Filipino hog raisers suffering from steep financial losses caused by cheap foreign pork and dropping farmgate prices.
Consumers and business owners face another week of contrasting fuel prices as global supply tensions continue to ripple through local pumps. Gasoline prices are projected to decrease by up to ₱1.00 per liter, offering mild relief to private motorists, while diesel prices are expected to rise significantly by up to ₱3.00 per liter, according to estimates from Jetti Petroleum.
DigiPlus Interactive Corp. aims to launch as many as 60 new games next year, expanding its lineup as competition heats up in the Philippine online gaming space. The company is also stepping up its focus on original, locally developed titles rather than relying on foreign content, setting it apart from many industry peers.
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.