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Ph foreign debt remains prudent

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The country's foreign currency denominated debt total USD125.4 billion as at end-December 2023, higher by USD6.6 billion or 5.5 percent more than three months earlier.

Philippines gets $5-B investment pledges from German, US companies

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The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it competes with others in the region for foreign capital.

Trade deficit narrows in January to USD4.22 billion as exports rise

Banking & Insurance Context.ph Context.ph -
The country's trade deficit in January narrowed to USD4.22 billion from USD5.56 billion in the year-earlier period, helped by the increase in exports and the decline in imports.

Domestic air travel finds its wings again

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The Philippine air travel industry soared in 2023, with passenger numbers returning to pre-pandemic levels, according to the Civil Aeronautics Board (CAB).

Second failed bidding permits negotiated Meralco purchase of 260-MW for peaking purposes

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The Manila Electric Co. (Meralco) has declared the second attempt at bidding its 260-megawatt requirement for peaking purposes in the hot months ahead a failure.
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BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

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The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

Agriculture 0
The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

Banking & Insurance 0
The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.

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