Friday, 26 December 2025, 2:17 am

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    Government plans privatizing LRT 2, MRT 3 operations and maintenance in 2025

    The Department of Transportation (DOTr) on Tuesday bared plans to privatize the operations and maintenance of Metro Rail Transit Line 3 and Light Rail Transit Line 2  as soon as the lease contract on one of them expires next year. Their proponents, the DOTr said, will be entertained through a bidding process.

    Cebu Air accepts resignation of Frederick Go as director, names cousin David Go as replacement

    Listed airline Cebu Air Inc. announced Monday the resignation of Frederick Go as director of the board of the country's largest budget carrier flying under the brand name Cebu Pacific.

    Food price pressure seen still elevated in Metrobank inflation forecast

    Food-driven price pressures figure high in some of this year's inflation forecasts, such as that seen by the Metropolitan Bank and Trust Co. (Metrobank) which has retained its original 4.3 percent inflation print in 2024.

    NG debt service brought down GIR by $500 million

    The country’s gross international reserves (GIR), a measure of capacity to pay for foreign loans and external trade obligations, stood at USD102.5 billion, the...

    Economic managers remain vigilant over inflation risks despite December deceleration

    Inflation in December decelerated to 3.9 percent, its slowest pace since February 2022, but economic managers remain on their toes, with risks posed by El Nino weather event on prices agricultural commodities, particularly rice.

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    Finance chief welcomes SSS Emergency Loan Program

    Finance Secretary and Social Security Commission Chairman Frederick D. Go praised the Social Security System (SSS) for launching its Emergency Loan Program (ELP), saying it will help members get faster and easier access to financial support during disasters.

    Heart diseases, cancer, stroke drive Philippine death toll

    Ischaemic heart diseases, cancer, and strokes are still the deadliest threats in the Philippines. From January to June 2025, 53,985 deaths—nearly one in five—were due to heart disease alone, according to the Philippine Statistics Authority.

    Baby bust economics: Filipinos hold button on pause

    The Philippine baby boom has hit the snooze button. Parenthood, once almost automatic, is now treated like a major purchase—priced, budgeted, and often postponed. Diapers and infant formula increasingly feel less like essentials and more like luxury items with designer tags. Timing, finances, and ambition are all carefully calculated before committing to the ultimate life investment.

    China recovery, e-Visa lift tourism outlook

    The Philippines’ tourism rebound is still stuck in economy class, slowed by the weak return of China and South Korea—once the twin engines of foreign arrivals. Latest Department of Tourism (DOT) data show 5.606 million international visitors as of December 20, with arrivals from January to November slipping 2.16 percent year on year to 5.35 million.

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