Congress ratifies 2026 national budget
CONGRESS on Monday ratified the bicameral conference committee report on the P6.793-trillion national budget for 2026, marking the end of contentious deliberations that unfolded against the backdrop of a multibillion-peso corruption scandal.
Peso, PSE index close lower on last trading day of 2025
PHILIPPINE financial markets closed lower on the last trading day of 2025 — a year that saw new record lows for the Philippine peso and an over-five-year low for the stock market amid a corruption scandal that hurt investor sentiment.
Return of global funds puts Southeast Asia in spotlight for 2026
Foreign capital is coming back to Southeast Asia’s stock markets this month, positioning the cohort as one of the must-watch pockets of global finance...
Infrastructure spending declines 40% in October
PHILIPPINE infrastructure spending fell for the fourth straight month in October, as disbursements for the Department of Public Works and Highways (DPWH) continued to decline amid the corruption scandal and adverse weather.
BSP receives three digital banking license applications
THE BANGKO SENTRAL ng Pilipinas (BSP) received just three applications for new digital banking licenses before the deadline ended on Nov. 30.
Bicameral committee report on 2026 budget signed
PHILIPPINE LAWMAKERS on Sunday signed the bicameral committee report on the P6.793-trillion national budget for 2026, with the Senate and House expected to ratify...
SEIPI sees double-digit growth in electronic exports this year
PHILIPPINE EXPORTS of semiconductor and electronic products are projected to grow by double digits this year to $48 billion, the Semiconductor and Electronics Industries...
Peso seen range-bound amid thin trading volume
THE PESO is expected to move sideways against the dollar this shortened trading week as market activity is likely to be sluggish amid the...
Market to consolidate amid holiday trading break
PHILIPPINE SHARES could end the year on a weak note as trading activity is expected to remain tepid amid this holiday-shortened trading week.
On Friday,...
Trade gap narrows to nine-month low in November
THE PHILIPPINES’ trade deficit in goods narrowed further in November as export growths quickened year on year, the Philippine Statistics Authority (PSA) reported on...
Philippines forecasts 2025 current account deficit at 3.2% of GDP
MANILA - The Philippines' current account deficit will likely settle at $15.5 billion this year, amounting to 3.2% of GDP, slightly narrower than the...
Business groups bare ‘tax wish list’ for 2026
PHILIPPINE business groups are urging lawmakers to pass a general tax amnesty and review the value‑added tax (VAT) on electricity as part of their tax wish list for 2026.