Cash remittances rise 2.7% in Feb.
MONEY SENT HOME by migrant Filipinos rose by 2.7% year on year in February, the slowest in nine months, data from the Bangko Sentral...
Meralco franchise renewed for 25 years
POWER distributor Manila Electric Co. (Meralco) has committed to delivering “stable, reliable, and affordable electricity” to its customers after its franchise was extended for another 25 years.
PHL growth may fall below 6% due to US tariffs — AMRO
THE Philippines is poised to become the second-fastest growing economy in the region this year, but the US tariff policy may drive gross domestic...
Peso surges to over 6-month high vs dollar
THE PESO surged to an over six-month high on Tuesday as fears of a global recession due to the Trump administration’s shifting trade policies...
PSEi rises to near two-week high on tariff relief
PHILIPPINE STOCKS closed higher on Tuesday to track Wall Street’s rise overnight amid some relief from the volatility caused by the Trump administration’s changing...
Ceiling prices set for 4th green energy auction
THE Energy Regulatory Commission (ERC) has issued its proposed ceiling prices for the fourth round of the green energy auction (GEA-4) which will be...
NFA to auction rice to free up warehouse space
THE National Food Authority (NFA) said it will auction its older rice stocks by early May to facilitate more rice procurement, following weak take-up...
NFA bats for P8 billion in extra funding for rice procurement
THE National Food Authority (NFA) said on Tuesday it will require P8 billion more in funding to achieve its rice inventory goals, which are...
Batangas gas-fired plant operator hopes to obtain certification by end of May
EXCELLENT Energy Resources, Inc. (EERI) said it hopes the certification it needs to operate Unit 3 of its Batangas gas-fired project will be issued...
Vehicle sales jump 7.6% in March
PHILIPPINE automotive sales grew by 7.6% in March as steady commercial vehicle sales offset a double-digit slump in sales of passenger cars, an industry...
Balisacan hopeful of 6% growth in Q1
NATIONAL Economic and Development Authority Secretary Arsenio M. Balisacan is hopeful the economy grew by at least 6% in the first quarter, as rate...
Philippines, France to hold JEC meeting in September
THE Philippines and France are scheduled to hold a Joint Economic Committee (JEC) meeting in September, according to an official of the Department of Trade and Industry (DTI).