NFA to buy 300,000 MT of rice in 2025

THE National Food Authority (NFA) is set to buy at least 300,000 metric tons (MT) of rice this year, with Agriculture Secretary Francisco Tiu...
The Department of Finance and the International Monetary Fund are optimistic that the Philippine economic growth will accelerate to over 6 percent this year and in 2026. Photo shows high-rise buildings as seen from Torre de Manila on Jan. 14, 2025. PNA PHOTO BY YANCY LIM

PH economy expected to grow over 6% in 2025-2026

THE Philippine economy is on track for robust growth, with Department of Finance (DOF) Secretary Ralph Recto and the International Monetary Fund (IMF) projecting...
Photo courtesy of Financial Assistance Philippines

SBCorp 2024 revenues exceed P1B; new loans launched

THE Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI), reported that its revenues in 2024 exceeded P1...
Mackerel tuna sold at the Dalipe Tradetown Public Market on Thursday, Jan. 16, 2025. The San Jose de Buenavista Municipal Economic Enterprise and Development Office in Antique said that consumers in the municipality resort to buying cheaper, alternative food such as fish and vegetables due to the high cost of pork. SAN JOSE DE BUENAVISTA MEEDO PHOTO

Antique consumers resort to fish, veggies amid high pork price

ANTIQUE – Consumers in San Jose de Buenavista, the capital town of this province, are resorting to alternative foods like fish and vegetables amid...
DE JESUS. VOLTAIRE F. DOMINGO/SENATE SOCIAL MEDIA UNIT PHOTO

DBP nets P11B in dual bonds offering

State-owned Development Bank of the Philippines (DBP) has successfully raised P11 billion under its latest local bond issuance as part of efforts to diversify...
Photo courtesy of Senator Lito Lapid

LAPID: LIGTAS PINOY CENTERS LAW ESTABLISHES PERMANENT, ADEQUATELY EQUIPPED EVACUATION CENTERS

A newly-signed law ensures the establishment of permanent, safe, and adequately-equipped evacuation centers in every city and municipality in the country. President Ferdinand “Bongbong” Marcos...
High voltage towers that support transmission lines for electrical power distribution in the Luzon grid is seen from a residential area in Baesa, Quezon City. MARIA TAN, ABS-CBN NEWS PHOTO

Consumption down, transmission charges stable in January 2025 power bill

Power consumers can expect a slight increase in overall transmission charges in their electric power bills this January 2025. Both transmission wheeling rates, or what...
Jerry Ngo (right), CEO of EastWest Bank, and Raffy Algara (left), EastWest’s Head of Financial Markets and Wealth Management Cluster, lead EastWest’s 2025 Market Outlook event in Iloilo City on January 16, 2025.

EastWest Bank hosts 2025 Market Outlook in Iloilo

ILOILO City – Ahead of the highly anticipated Dinagyang Festival, EastWest Bank brought together clients, partners and industry leaders for its 2025 Market Outlook...
The transition to a coin-lite society will start once the Bangko Sentral ng Pilipinas finally sees the impact of key interventions on the currency demand of Filipinos. INQUIRER FILE PHOTO

BSP eyes PH shift to coin-lite society

THE Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country...

Taiwan biz delegation eyes ecozone dev’t in PH

A BUSINESS delegation from Taiwan met with officials of the Philippine Economic Zone Authority (PEZA) to explore investment opportunities in the country, particularly in...