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OFW Remittance Up

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.

Monetary Board maintains policy settings

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. 

Government committed to temper inflation – president

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...

3Q foreign investment pledges more than double to P27.30B

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.

‘I quit school to raise my eldest child’

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.

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China tourism rebounds, but Philippines still lags

China’s once-dominant role in Philippine tourism is stirring back to life, but the recovery remains uneven and well below pre-pandemic highs.

Esyasoft targets growth via BCDA energy expansion

PT Esyasoft Technologies Asia is stepping up its ambitions in the Philippines, using a new partnership with the Bases Conversion and Development Authority (BCDA) as a springboard into the country’s accelerating energy transition.

Apollo Global unit secures rights to Masbate project

Apollo Global Capital Inc. said its subsidiary JDVC Resources Corp. has entered into an operating agreement with Masbate 2145 Philippines Inc., granting JDVC exclusive rights over a large mineral property in Masbate.

RCBC profit climbs on lending gains, lower costs

Rizal Commercial Banking Corp., the country’s sixth-largest lender by assets, opened 2026 with stronger earnings, posting an unaudited net profit of P2.7 billion for the first quarter, up 12 percent from a year earlier, as loan growth and lower funding costs lifted core income.

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