The Department of Agriculture (DA) declared a food security emergency on Monday that allowed the National Food Authority (NFA) to release buffer stocks for public sale. The declaration, signed by DA Secretary Francisco Tiu Laurel Jr., comes in the wake of persistent price increases that have not aligned with global market trends or previous tariff reductions.
The Philippine Chamber of Telecommunications Operators (PCTO) has raised alarms over the Konektadong Pinoy bill, a key legislative measure designed to expand internet access and encourage new players in the telecom sector.
Foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized agent banks (AABs) took the high path in 2024, with net inflows totaling USD2.1 billion, a sharp turnaround from the previous year's outflows. This marked a significant 39.2 percent increase from 2023, which saw USD12.9 billion in investments.
The Philippine Statistics Authority (PSA) recorded mixed movements in the prices of agricultural commodities in mid-January, with potential implications for inflation. January inflation data are due 5 February.
The Philippine economy showed resilience in 2024, posting a 5.6 percent year-on-year growth in gross domestic product (GDP), despite challenges such as the contraction in agriculture due to El Niño and a series of storms. However, this growth fell short of the government’s target of between 6.0 percent and 6.5 percent.
Actress and singer Belle Mariano puts a spotlight on the ease and convenience of BDO Pay, the branded payment app powered by BDO, as she shares how it seamlessly fits into her busy, on-the-go lifestyle—even during downtime with family.
The US economy added significantly fewer jobs than expected in July, highlighting growing business uncertainty amid President Donald Trump's sweeping review of bilateral trade tariffs—an initiative that has triggered retaliatory measures even from longtime American allies.
Philippine Business Bank, a local savings bank, reported strong performance in the first half of 2025, with interest income and interest margin improving.
Agriculture Secretary Francisco P. Tiu Laurel Jr. proposes the distribution of 210 metric tons of smuggled frozen mackerel recently seized at the ports of Manila and Subic once approved by President Ferdinand Marcos Jr.