The interagency Development Budget Coordination Committee (DBCC) is sanguine of revenue as percent of local output expansion, measured as the gross domestic product (GDP), exceeding this year's target and equal at least 15.7 percent of GDP.
Businessman Secretary Francisco Tiu Laurel Jr. was sworn-in Friday by President Ferdinand Marcos Jr. as new agriculture secretary, confident that Laurel’s affinity with the sector will help him rally farmers and fisherfolks to make the country food secure.
The Bangko Sentral ng Pilipinas (BSP) forecasts inflation to have eased in October and should not top 5.9 percent or significantly lower than the headline print of 6.1 percent in September.
The total outstanding debt of the Philippine government declined in September by P80.9 billion to P14.27 trillion due mainly to net repayments of both domestic and foreign debts during the month.
The Bureau of Customs (BOC) exceeded its nine-month collection goal by 2.5 percent to P660.4 billion or by P16.2 billion instead of only P644.2 billion under the program, the Bureau of the Treasury under Bienvenido Y. Rubio, said.
Japanese Ambassador to the Philippines Endo Kazuya attended the Asia Pacific Alliance for Disaster Management (A-PAD) Philippines International Symposium 2025, which concluded a three-year initiative focused on emergency preparedness, volunteer engagement, and strengthening emergency medical services (EMS) in the region.
Pueblo de Oro Development Corp. has secured national acclaim for its outstanding commitment to inclusive and sustainable community development, winning two prestigious awards at the Dot Property Philippines Awards 2025.
The Government Service Insurance System (GSIS) has set aside an additional P1.9 billion in emergency loans for more than 71,000 active members and pensioners in five areas severely impacted by the southwest monsoon (habagat), the Intertropical Convergence Zone, and tropical storms Crising, Dante, and Emong.
CIMB Bank Philippines, recently named the country’s best digital bank by The Asian Banker, has launched CIMB Biz, a new banking segment aimed at supporting micro, small, and medium enterprises (MSMEs) with improved access to formal financial services.