Philippine vice-president resigns as education minister
MANILA (UPDATE) — Philippine Vice-President Sara Duterte resigned on Wednesday from her posts as education minister and vice-chair of an anti-insurgency task force, in...
Sofitel Philippine Plaza Manila to cease operations in July
Sofitel Philippine Plaza Manila will cease operations starting July 1, according to the hospitality group Accor.
“The hotel has announced that it will close and...
Philippines central bank sees April inflation at 3.5% to 4.3%
MANILA - Philippine annual inflation will likely be between 3.5% to 4.3% in April, the central bank said on Tuesday.
Upside pressures on inflation had...
Philippine inflation quickens for the first time in five months in February
MANILA - Philippine annual inflation sped up for the first time in five months in February due to faster increases in food and transport...
Philippines annual inflation at 4.1% in November
MANILA - Philippine annual inflation came in at 4.1% in November from the previous month's 4.9%, the statistics agency said on Tuesday, reflecting slower...
Philippines calls on China to remove illegal structures, cease reclamations in South China Sea
The Philippines' foreign ministry on Thursday called on China to remove illegal structures, cease reclamations and be accountable for environmental damage in the South...
PHL economy grows 5.9% in third quarter, beats forecast
The Philippine economy grew 5.9% in the third quarter from a year earlier, the statistics agency said on Thursday, stronger than the previous quarter’s...
Philippines October annual inflation at 4.9%, less than forecast
MANILA - Philippine annual inflation came in at 4.9% in October versus the previous month's 6.1%, the statistics agency said on Tuesday, reflecting slower...
Diokno says to vote to hold rate in next BSP policy meeting
Philippine Finance Secretary Benjamin E. Dioko said on Monday he will vote to keep interest rates steady when the central bank meets to review...
BSP delivers off-cycle 25-bps rate hike
The Bangko Sentral ng Pilipinas (BSP) took off-cycle action today, hiking benchmark interest rates by 25 basis points (bps) to 6.5% to re-anchor inflation...
Philippines to allot P3 billion to develop islands in South China Sea
By Beatriz Marie D. Cruz, Reporter
Philippine lawmakers will allot P3 billion to develop islands in the South China Sea, Speaker Ferdinand Martin G. Romualdez...
Marcos rejects proposal to cut rice tariffs
Philippine President Ferdinand R. Marcos, Jr. has turned down his economic managers' proposal to temporarily cut duties on rice imports amid spiraling prices.
In a...