Tag: Newsweek

The Bangko Sentral ng Pilipinas expects the country to spend significantly more dollars than it receives over the next two years, projecting a balance of payments deficit of $9.2 billion in 2026 and $8.5 billion in 2027.

The Department of Environment and Natural Resources (DENR) has rolled out a monitoring network to keep a close watch on El Niño’s effects across the country, helping communities prepare early instead of reacting after damage is done. Using automated weather stations, satellite mapping, and digital risk modeling, the system delivers real-time data that turns complex climate information into clear, usable warnings for local governments, communities, and families.

NOW Telecom Co. Inc. is contesting a P4.043-billion assessment on supervision and regulation fees from the National Telecommunications Commission, filing a formal request to review and reconcile charges dating back to 2005.

Following back-to-back price cuts in previous months, the Manila Electric Company (Meralco) on Monday announced an electricity rate increase of ₱0.3191 per kilowatt-hour (kWh) for October. The adjustment pushes the overall rate for a typical household to ₱15.0615 per kWh, up from ₱14.7424 per kWh in September.