Tourist arrivals in the Philippines surged by 14 percent year-on-year in the first five months of this year, reaching 2.56 million, despite a double-digit decline in the arrivals of Filipinos living overseas, based on data from the Department of Tourism.
The National Food Authority (NFA) has purchased 3.32 million 50-kilo bags of palay as of 5 June this year of which over 3.17 million bags were purchased from rice farmers the past six weeks.
Fitch Ratings has kept the country's standing as an investment grade issuer or one whose sovereign debt is rated a triple B or BBB, the Bangko Sentral ng Pilipinas said.
Monetary board member Anita Linda Aquino, just under four years as member of the policy-making body of the Bangko Sentral ng Pilipinas, has resigned in the wake of a scandal involving ghost central bank employees.
U.S. stocks surged Monday as momentum built on Capitol Hill toward ending the 41-day government shutdown—the longest in American history. Hopes for a deal sent markets higher: the Dow Jones Industrial Average jumped 0.8 percent, the S&P 500 climbed 1.5 percent, and the tech-heavy Nasdaq soared 2.3 percent.
SM Prime Holdings Inc. reported an 8 percent increase in net income to ₱12.8 billion for the third quarter, up from ₱11.8 billion a year earlier, driven mainly by its mall and convention center businesses.
RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.