The trade deficit widened in October to USD4.17 billion as the value of exports fell more sharply compared to the decline in the value of the country’s imports.
The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new Cold War" given the conflict in Ukraine and U.S.-China tensions.
The export sector has yet to exploit an untapped revenue source estimated at some USD49 billion for a number of reasons, chief among them the sector's inability to diversify, among other critical factors.
The Philippine Center for Post-harvest Development and Mechanization (PhilMech), an adjunct of the Department of Agriculture, has turned over P398.5 million worth of agricultural machinery to the province of Nueva Ecija.
As 2026 ASEAN Chair, the Philippines will hold the Regional Dialogue on Circular Economy on September 22–23. The DENR is optimistic the event will drive progress toward circular systems and away from single-use waste, shifting from linear “take-make-dispose” models to reuse, recycling and efficiency.
The Department of Energy (DOE) is advancing new generation assets and a key transmission link to secure Panay Island’s power supply and support Western Visayas’ growth.
The Bangko Sentral ng Pilipinas (BSP) launched its Financial Education Roadshow on Tuesday at the BSP Visayas Regional Office. The initiative aims to boost financial education and inclusion across regions, and also introduced the proposed National Strategy for Financial Education.
NephroPlus Philippines has expanded its dialysis network to 53 clinics nationwide as it seeks to broaden access to kidney care while strengthening prevention and early-detection programs in local communities.