A constitutional crisis that could derail the country’s economic recovery from the COVID-19 pandemic is looming , with the Senate and the House of Representatives take polar positions on the ongoing People’s Initiative to revise the Philippine Constitution.
The government sector borrowed USD1.32 billion more in medium- to long-term (MLT) funds in the final three months of 2023, which was 66 percent more than that borrowed a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
The Department of Agriculture (DA) on Sunday reiterated the likelihood for the onion import ban to last beyond May or even June as part of measures helping shield onion growers from unreasonable farm gate prices and the destruction of their crops.
The price of palay or unhusked rice per kilo in the final three months of 2023 averaged P21.81, a 6.4 percent increase from third-quarter prices and 25 percent more than the year-earlier period.
An expected monetary policy easing this year—and consequently a drop in mortgage rates--should bolster demand for residential projects and industrial space, the latest edition of Colliers Research said.
The Department of Transportation (DOTr) and the Provincial Government of Cebu have teamed up to introduce the Tabang Pangbyahe Program — the country’s first service contracting initiative led by a local government unit.
The National Telecommunications Commission (NTC) will proceed with the collection of around ₱3.8 billion in outstanding Supervision and Regulation Fees (SRF) from NOW Telecom Inc., following a final and executory Supreme Court ruling.
The Bangko Sentral ng Pilipinas (BSP) has introduced new rules under Circular No. 1238, issued June 17, 2026, to make digital payments fairer, more transparent, and more affordable.