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.
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.