The Bureau of Customs, through its Intellectual Property Rights Division, seized 1,287 boxes of counterfeit wearing apparel misdeclared as socks, valued at an estimated P482 million in October 2025. BOC PHOTO

Customs seized nearly P62-B illicit goods in 2025

THE BUREAU of Customs (BOC) seized nearly P62 billion worth of illicit goods after conducting more than 1,000 anti-smuggling enforcement operations throughout 2025. On Wednesday,...
The latest Henley Global Passport Index placed the Philippine passport in the 73rd spot. PN PHOTO

Philippine passport is 73rd most powerful in the world – global index

THE PHILIPPINE passport is the 73rd most powerful in the world this 2026, according to the Henley Global Passport Index. This is one step...
The Bangko Sentral ng Pilipinas is expected to reduce a total of 50 basis points from key rates this 2026 as inflation is seen to go back to the central bank’s target band. PHOTO COURTESY OF METROBANK.COM.PH

Bank lending grows by 10.3% in November —BSP

THE BANGKO Sentral ng Pilipinas (BSP) said outstanding loans from universal and commercial banks (U/KBs) to businesses and individual consumers expanded in November 2025. U/KBs...
Security personnel monitor the construction site of the NLEX-SLEX Connector in this file photo. Section 1 of the eight-kilometer NLEX connector linking C3-Caloocan to España is 92 percent complete, while construction of Section 2, linking España, Manila to PUP in Sta. Mesa is 25 percent done according to Metro Pacific Investments Corporation. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

DBM sets P1.3 trillion infra spending target in 2026

THE PHILIPPINES is looking to spend P1.3 trillion for infrastructure projects in 2026, the Department of Budget and Management (DBM) said on Tuesday, January...
Power transmission lines in a part of Bulacan province in this undated photo. On Tuesday, Dec. 17, 2025, officials of the National Grid Corp. of the Philippines announced a decline in the effective transmission rate for December to P1.35 per kilowatt hour (kWh), from P1.51/kWh in November, due to consumption changes. PNA PHOTO BY JOAN BONDOC

ERC hopes more consumers join retail electric market program

Energy Regulatory Commission (ERC) chair Francis Saturnino Juan expressed optimism over the continued growth in the number of power consumers joining the Competitive Retail...
The Department of Transportation’s Department Order (DO) No. 2023-015 states that Land Transportation Office law enforcement officers and their deputized agents are enjoined to accept an e-license as a valid form of authorization and identification to operate a motor vehicle. LTO PHOTOS

Use e-license, online payment for paying fines — DOTr chief

ACTING Transportation Secretary Giovanni Lopez said motorists may present their electronic driver’s license (e-license) during traffic stops and may pay their fines online. In a...
PHOTO COURTESY OF ABS-CBN NEWS

Peso tests new record low of 59.425 as US dollar rebounds

The Philippine peso flirted with a new record low on Wednesday morning, January 14, as the US dollar rebounded after fresh data showed US...
The Bangko Sentral ng Pilipinas is expected to reduce a total of 50 basis points from key rates this 2026 as inflation is seen to go back to the central bank’s target band. PHOTO COURTESY OF METROBANK.COM.PH

T-bill rates decline on BSP rate cut hopes

THE AVERAGE rate of Philippine treasury bills (T-bills) declined Monday, January 12, with all three tenors upsized from the original P9-billion offer due to...
The Department of Agriculture shares plans to export 100,000 metric tons of local sugar to the United States market to provide the industry immediate relief. Photo shows the Raw Brown Sugar Milling Company in Igbalanac Malalangsi, Pamplona, Negros Oriental that produces muscovado sugar. DA PHOTO BY ALAN JAY JACALAN

Philippines exports sugar to US for 3rd straight year

The Philippines is exporting raw sugar to the United States for the third consecutive year this 2026, seeking to boost local sugar prices and...
The Bangko Sentral ng Pilipinas is expected to reduce a total of 50 basis points from key rates this 2026 as inflation is seen to go back to the central bank’s target band. PHOTO COURTESY OF METROBANK.COM.PH

BSP extends higher SBL for ‘green’ projects until 2028

The Bangko Sentral ng Pilipinas (BSP) has extended for two years the regulatory incentives allowing banks to raise sustainable lending under the Single Borrower’s...