The Bangko Sentral ng Pilipinas said personal remittance of overseas Filipino workers in September rose 2.6 percent year-on-year to USD3.2 billion, pushing nine-month personal remittance 2.8 percent higher to USD27.24 billion.
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday kept its policy settings unchanged as projected, having made a surprise off-cycle adjustment two weeks earlier to keep inflation from getting disanchored.
President Ferdinand Marcos Jr. said on Thursday that the government is committed to bringing down inflation and maintaining overall price stability.
The government will pursue...
The Philippine Statistics Authority said Tuesday total foreign investments pledges approved by investments promotion agencies in the third quarter more than doubled to P27.30 billion from P13.05 billion in the same quarter last year.
Agriculture Secretary Francisco Tiu Laurel, Jr. on Monday set the record straight on his educational background amid erroneous reports claiming he is a graduate of the University of Santos Tomas (UST), saying he quit school to raise his eldest child.
Aboitiz Power Corporation (AboitizPower) and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) signed a Memorandum of Understanding (MOU) on July 31 at KHNP’s headquarters in Gyeongju, South Korea, to explore cooperation on nuclear energy technologies and their possible use in the Philippines.
Coca-Cola Europacific Aboitiz Philippines (CCEAP) is assessing the impact of a proposed sharp increase in excise taxes on sugar-sweetened beverages, as the industry braces for a measure that could reshape pricing, consumer demand, and product strategies across the beverage market.
The Bureau of Internal Revenue (BIR) has expanded the list of value-added tax (VAT)-exempt medicines to 2,277 products, broadening tax relief for patients with chronic and life-threatening illnesses as the government seeks to make essential healthcare more affordable.
Boracay Water has ramped up measures to keep water services steady across Boracay Island as El Niño brings prolonged dry conditions. The utility is boosting river monitoring, cutting water losses, and protecting watersheds to ensure reliable supply for residents, businesses, and tourism.