PHL jumps to 20th place in Global Gender Gap Index
THE PHILIPPINES jumped five spots in the 2025 Global Gender Gap Index of the World Economic Forum (WEF) to 20th out of 148 countries...
Asia’s easing prices pave path for rate cuts and US divergence
INFLATION is easing across Asia as lower food and fuel prices and stronger local currencies against the dollar push down costs. That’s giving the...
Lawmakers drop ore export ban
SENATORS and congressmen have agreed not to ban ore exports under a new fiscal regime for large-scale miners that seeks to raise the share of the government in mineral revenue.
World Bank keeps PHL growth forecasts
THE World Bank has kept its economic growth forecasts for the Philippines despite heightened uncertainty arising from the Trump administration’s tariff policies.
In its bi-annual...
Economic managers warn wage hike bill to slash GDP growth
CONGRESS adjourned session on Wednesday without giving the final approval for the proposal to hike the minimum daily wage by P100-P200, after economic managers...
Meralco rates down in June
RESIDENTIAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will see lower electricity bills in June as the power distributor cut power rates...
World Bank cuts global growth forecast as trade tensions heighten uncertainty
WASHINGTON - The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that...
FDI net inflows slump to 3-month low
NET INFLOWS of foreign direct investments (FDI) fell to a three-month low in March, with first-quarter inflows also dropping by more than 40% year...
Philippine IT-BPM industry expected to outpace global growth
THE GROWTH of the Philippine information technology and business process management (IT-BPM) industry this year is expected to outpace the global average in terms of job generation and export revenues, an industry group said.
SEC chief wants GOCCs to list on stock market
FRANCISCO ED. LIM, the new chairperson of the Securities and Exchange Commission (SEC), is hoping to encourage Philippine government-owned and -controlled corporations (GOCC) to list on the stock exchange to spur investor activity.
Tourism projected to contribute P5.9T to Philippine GDP
By Justine Irish D. Tabile, Reporter
THE TRAVEL and tourism sector is expected to contribute P5.9 trillion to the Philippine economy this year, according to...
NPL ratio hits 5-month high in April
THE PHILIPPINE banking system’s nonperforming loan (NPL) ratio hit a five-month high in April, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.