PH inflation slows to 6.1% in August
INFLATION further slowed to 6.1 percent in August this year from 6.2 percent in July amid slower price increases in food and non-alcoholic beverages,...
PH debt balloons to record P19.39 trillion as of end-July 2026
THE PHILIPPINES’ running sovereign debt piled up further to a new record-high of P19.39 trillion at the end of July, as the government ramped...
PH global capability centers seen employing 289,000 in 2026
The workforce at the Philippine global capability center (GCC) is expected to grow to around 289,000 professionals this year as multinational companies expand their...
P4 to P5/liter fuel price hike possible next week
DOMESTIC fuel prices are projected to increase next week following the resumption of hostilities between the US and Iran over mining in the Strait...
Higher tax on luxury goods, motor vehicles looms
The Department of Finance (DOF) is seeking to collect more from wealthy consumers through higher taxes on luxury and nonessential goods, while also overhauling...
ERC: Lower power bill possible before Christmas if VAT on system loss removed
The Energy Regulatory Commission (ERC) said consumers might be able to enjoy a lower electricity bill before Christmas, after it filed a resolution removing...
PH tourist arrivals reach 4.11M in January-August
The Philippines has recorded 4.11 million foreign arrivals from January to August, higher by 3.7 percent compared to the same period last year, the...
Pag-IBIG keeps home loans affordable amid higher lending rates
Pag-IBIG Fund continues to make homeownership more affordable for Filipino workers under President Ferdinand R. Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino (Expanded...
DA, DOE seek cheaper feedstock to expand bioethanol production
The Department of Agriculture (DA) is exploring cheaper and more diverse feedstock options to make locally produced bioethanol more competitive with imports while protecting...
PH factories rev up to near-decade high
Manufacturing activity in the Philippines surged to its strongest level in nearly a decade in August, sustaining its expansion for the fourth straight month...