The Philippines gross national income in 2022 fell within the World Bank's bracket for lower-middle income economies. Photo shows vehicles traversing at a public market in Divisoria, Manila. MARK CRISTINO, EPA-EFE/FILE PHOTO

IMF: Domestic consumption still strong backer of PH’s growth

DOMESTIC consumption remains the main driver of the Philippine economy amid the impact of external developments and uncertainties, according to the revised outlook of...
Since the start of 2020, the PSEi hovers between 7,600 to 7,800 points. Further, buying volume was relatively light throughout the first two weeks of the year, despite a strong peso and a few positive economic news. ABS-CBN NEWS

Local shares gain for 2nd straight day Tuesday, peso ends flat

THE local bourse sustained its gains for the second consecutive trading day on Tuesday, April 22, but the local currency closed flat against the...
The Civil Aviation Authority of the Philippines says it is hiking the passenger service charge for international flights to P900 or $17 from P550 and domestic flights departing from international airports to P350. Photo shows the immigration area at Ninoy Aquino International Airport. NAIA PHOTO

Airport fee hikes await travelers

JUST as the summer travel season kicks into high gear, air travellers are set to pay higher fees when using airports managed by the...
Passengers gather at Sta. Ana Wharf in Davao City to catch the boat going to Samal Island in Davao del Norte. The Philippine National Police warned the public against tour package scams as the summer travel season peaks. PNA PHOTO BY ROBINSON NIÑAL JR.

Public warned vs online booking scams amid travel season

THE Philippine National Police (PNP) yesterday warned the public against online scammers offering tour packages that appear too good to be true as the...
The National Food Authority has so far spent only P2.6 billion of the P14.6 billion available for palay procurement. NFA FILE PHOTO

NFA says rice buffer stock hits 5-year high

THE National Food Authority (NFA) has grown its rice buffer stock to its highest level in five years. It has built a buffer stock of...
Photo courtesy of Jire Carreon/Rappler

Philippine payments position swings to deficit in March

THE Philippine payments position swung to a deficit in March this year due to the national government’s drawdowns on its foreign currency deposits with...

Watsons Joins Forces with Customers to Offset 4,000 Tons of CO2 to Fight Against...

On Earth Day, Watsons, the flagship health and beauty brand of AS Watson, announces an expanded partnership with ClimatePartner to enhance its carbon compensation...

Acerpure drops first hand fan inspired by SB19’s MINTYLADORSES

MANILA (April 16, 2025)— Lifestyle brand Acerpure, known for its air purifiers and circulators, unveils a summer essential for the blistering Philippine heat: a...

Ports authority looks to complete e-ticketing system this year

THE Philippine Ports Authority (PPA) is looking to complete the Electronic Ticketing Management System (EMTS) project before the year ends. According to PPA Spokesperson Eunice...
The Department of Agriculture is set to roll out a P1-billion swine repopulation program that aims to restore the country’s hog population. DA PHOTO

DA to distribute P1-B worth of swine to boost hog inventory

THE Department of Agriculture (DA) is set to distribute P1 billion worth of swine to large farms nationwide, aiming to restore the country’s hog...