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.
Oracle shares surged nearly 8 percent on Monday as investors doubled down on a powerful Wall Street wager that the artificial intelligence boom will require vast amounts of cloud capacity and computing power.
President Ferdinand R. Marcos Jr. has approved the 2026 Strategic Investment Priority Plan (SIPP), a revamped roadmap that expands tax incentives for high-value industries ranging from artificial intelligence and cybersecurity to electric vehicle infrastructure and critical minerals processing.
Keen & Worth Property Developers Inc. is gearing up for the 2027 completion of its flagship project, Ongpin Tower, as it seeks to establish itself as a new player in the country’s high-end residential market.
Fisher Mall is strengthening its position as a one-stop destination by expanding access to government services, retail essentials, wellness offerings, and entertainment facilities under one roof.