Wave of telco investments seen as Konektadong Pinoy IRR finally released
THE Philippines expects a wave of investments in the telecommunications sector, as the government on Wednesday released the implementing rules and regulations (IRR) of its open access law.
Recto firmly against online gambling ban
FINANCE SECRETARY Ralph G. Recto is opposing a total ban on online gambling, saying the sector can benefit the economy if its social harms are curbed.
Corruption unlikely to derail PHL growth — economist
THE PHILIPPINES’ growth goals are unlikely to be hindered by ongoing corruption scandals, an economist said.
“Corruption is unjust, is evil, is morally condemnable, but...
Peso slides after inflation report
THE PESO weakened against the dollar on Wednesday as steady October inflation supported expectations of a December rate cut by the Bangko Sentral ng...
PSEi plunges to three-year low on growth woes
PHILIPPINE STOCKS retreated on Wednesday, with the benchmark index plunging to a three-year low, amid fears over slowing economic growth that were worsened by...
Palay production up 12.6% in Q3 after increase in planted area
PRODUCTION of palay (unmilled rice) rose 12.6% year on year in the third quarter to 3.75 million metric tons (MT), aided by a 15.7%...
Fisheries output drops 7.5% in Q3 on typhoon damage to aquaculture
FISHERIES production fell 7.5% year on year in the third quarter to 894,320 metric tons (MT), with aquaculture leading the decline after extensive typhoon...
Agri output likely fell in Q3 led by fisheries; ASF concerns continue
AGRICULTURAL OUTPUT is estimated to have slowed or fallen in the third quarter after a sharp drop in fisheries volume, with analysts and industry officials also skeptical of the performance of the hog industry due to the continuing African Swine Fever (ASF) outbreak.
‘Lifeline’ subsidized-power program could expand with more consumers being classified as eligible
MORE low-income electricity consumers could be admitted to the power subsidy program with the Energy Regulatory Commission (ERC) considering adjustments to the eligibility threshold...
Flexible rice tariff adjustments OKd
THE Economy and Development (ED) Council has approved the recommendation to allow a more flexible rice tariff scheme starting in 2026, the Department of...
Inflation to pick up until early 2026
PHILIPPINE INFLATION is projected to accelerate until the first semester of 2026 but will likely remain within the 2-4% target, the Bangko Sentral ng...
Philippines jumps to 56th in digital competitiveness index
THE PHILIPPINES improved five spots in the World Digital Competitiveness Ranking by the International Institute for Management Development (IMD), but remained a laggard in the Asia-Pacific region.
