The National Government added in the first three months of this year a total P309.45 billion to its outstanding debt, pushing the total to P14.93 billion, up 2.1 percent from December and 7.2 percent from the end of March 2023.
Agricultural loans and services as percent of the banks' loan portfolio in 2022 widened to 18.1 percent from only 17.6 percent in 2021, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
Palay production in the first quarter was down 1.97 percent to 4.69 million metric tons, the latest estimate of the Philippine Statistics Authority showed.
The Manila Electric Co. (Meralco) is pursuing a pre-feasibility study with American firm Ultra Safe Nuclear Corp. to develop the technology for a micro-modular reactor the country can use before 2028.
Inflation across the Philippines is forecast to range as low as 3.5 percent but should not top 4.3 percent in April in latest simulations conducted by the Bangko Sentral ng Pilipinas (BSP).
The Philippine Chamber of Commerce and Industry (PCCI) has endorsed the proposed Pax Silica AI hub, calling it a "once-in-a-lifetime" opportunity for the country to secure a foothold in one of the world's fastest-growing industries and move up the global technology value chain.
Nearly half of Filipino households now own a dog or cat, creating an estimated 14 million pet-owning homes in 2025, up from around 12 million in 2021, according to Euromonitor. Riding that trend, the Philippine dog food market expanded by 10 percent in retail value in 2026 as consumers increasingly traded up to premium, functional and veterinarian-formulated diets, turning pet nutrition into one of the fastest-growing niches in the local consumer market.
Atome Philippines has partnered with ECPay to let users buy Globe, SMART, and DITO prepaid load directly through the Atome app and pay using their Atome Card. ECPay is part of Mynt, Globe Telecom’s fintech arm that runs GCash, and operates one of the country’s largest payment networks.