The interagency Development Budget Coordination Committee (DBCC), in consultation with the Bangko Sentral ng Pilipinas (BSP), has kept the current inflation target of 3 percent, plus or minus 1 percentage point for 2024 – 2026.
President Ferdinand Marcos Jr. on Wednesday signed into law the P5.768 trillion General Appropriation Act for 2024, a budget the chief executive said was meticulously crafted by the national government and Congress to sustain the Philippines’ high-growth trajectory,
The Philippine central bank can start considering an easing of its monetary policy if inflation continued on its path and expectations remain well anchored, its governor said on Wednesday.
The International Monetary Fund's governing body has approved a 50 percent increase in quota resources to be contributed by member countries in proportion to their current IMF shareholding, bringing total quotas to $960 billion, the IMF said on Monday.
Enterprises are advised to be well-informed about the recently signed Internet Transactions Act (ITA), which seeks to protect both online consumers and merchants engaged in digital transactions.
Agriculture Secretary Francisco Tiu Laurel Jr. has welcomed Charoen Pokphand Foods Philippines Corp.’s (CPF) plan to invest US$1 billion (about ₱59 billion) over five years to expand hog production and help restore the country’s swine population to pre-African swine fever (ASF) levels by 2028.
Metro Pacific Tollways Corp. (MPTC) has received pre-effective approval from the Securities and Exchange Commission (SEC) for its planned public offering of up to ₱15 billion in fixed-rate bonds, with an additional ₱5 billion oversubscription option. The bonds may be issued in up to three series with tenors of 3, 5, or 10 years.
SM Prime Holdings Inc., in partnership with the Iloilo City Government, has opened the newly redeveloped Iloilo Central and Terminal Markets, transforming two of the city’s oldest public spaces into modern community hubs.
Ayala Corp., the diversified investment holding company of the Ayala Group, posted a 36 percent jump in net income to up P46.3 billion in the first nine months of 2025, boosted by one-off gains from the revaluation of AC Ventures following Mitsubishi’s acquisition of a 50 percent stake.