ASEAN chairmanship to help PHL make case for investment — BCCP

THE British Chamber of Commerce Philippines (BCCP) said the ASEAN chairmanship and key reforms will help the Philippines amplify its case as a key...

Wholesale rice prices down, corn up in Nov.

WHOLESALE PRICES of rice posted sharp year-on-year declines in November, while corn prices inched up, according to preliminary data from the Philippine Statistics Authority...

Anti-corruption body needs full powers — business groups

TWENTY business groups called for the creation of a fully empowered anti-corruption body to deal with the multi-billion public works scam. “Our country urgently needs...

BoI says Spain’s Grupo Enhol eyeing RE projects

A SPANISH energy firm is looking at the Philippines for renewable energy (RE) projects as it expands in the Asia-Pacific, the Board of Investments...

New LEDAC priorities highlight accountability, digitalization

THE Department of Economy, Planning, and Development (DEPDev) said four measures approved by the Legislative‑Executive Development Advisory Council (LEDAC) are focused on bringing about...

Locator housing emerging as key differentiator in ecozone dev’t

MORE economic zone (ecozone) developers are integrating locator housing to gain an edge over the competition, the Philippine Economic Zone Authority (PEZA) said. “From our...

Red onion MSRP raised to P150/kg as import costs rise

THE Department of Agriculture (DA) said it will raise the maximum suggested retail price (MSRP) for red onion to P150 per kilo from P120...

USDA cuts output forecast for PHL rice, citing typhoon damage

THE US Department of Agriculture (USDA) said it reduced its estimate for Philippine milled rice production in marketing year 2025-2026 to 12.3 million metric...

WESM rates dip in November on improved supply, lower demand

ELECTRICITY RATES on the Wholesale Electricity Spot Market (WESM) dipped in November as supply improved while demand fell, according to the Independent Electricity Market...

Initial EDSA rehabilitation work planned for Jan.

THE Department of Public Works and Highways (DPWH) said it hopes to begin initial work to rehabilitate Epifanio de los Santos Avenue (EDSA) by...

Senate approves 2026 budget bill on 3rd reading

THE SENATE approved the proposed P6.793-trillion national spending plan for 2026 on third reading late Tuesday, amid heightened scrutiny over the budget process following the cloud hanging over infrastructure spending and alleged budget “insertions.” 

PHL 2026 growth forecast reduced to 5.1% — MUFG

ECONOMIC GROWTH is expected to pick up to 5.1% next year, which if realized would once again leave the government short of its targets,...