Marcos greenlights record P6.8-T 2026 budget
PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday approved the proposed P6.793-trillion national budget for 2026 that the Executive branch will submit to Congress later this month.
World Bank says job reforms to drive PHL growth to nearly 7%
REFORMS to enhance job creation and quality could propel Philippine economic growth to close to 7% and transform it into a middle-class economy by...
Cash remittances up 2.9% in May
MONEY SENT HOME by overseas Filipino workers (OFWs) rose by an annual 2.9% in May, although the monthly haul was the lowest in 12 months, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Trade wars threaten Asia-Pacific sovereign ratings
TRADE WARS and geopolitical risks could threaten Asian economies’ credit rating, including the Philippines, S&P Global Ratings said.
Gen Zers, Millennials fuel PHL co-working space boom
OLIVER RYAN C. ORETA, 37, starts most of his workdays not in his construction company’s office, but in a rented seat at a co-working space in Ortigas.
BSP could cut by another 50 bps this year — Nomura
THE BANGKO SENTRAL ng Pilipinas (BSP) could cut by another 50 basis points (bps) this year, which would bring the benchmark to below 5%...
Recto sees below 6% growth this year
PHILIPPINE economic growth may have picked up in the second quarter, but full-year expansion is likely to be below 6% amid uncertainty over US tariffs, Finance Secretary Ralph G. Recto said.
Philippines may negotiate US tariffs down to 10% — BMI
THE PHILIPPINES has room to negotiate with the US to bring down its reciprocal tariff to as low as 10% using defense concessions as a key bargaining chip, according to Fitch Solutions’ research unit BMI.
Marcos appoints ERC chairman
PRESIDENT Ferdinand R. Marcos, Jr. on Thursday appointed Francis Saturnino C. Juan as the chairman and chief executive officer (CEO) of the Energy Regulatory Commission (ERC) effective Aug. 8.
142 firms qualify for green energy bidding
THE DEPARTMENT of Energy (DoE) on Thursday said 142 bidders have qualified for the fourth round of the Green Energy Auction (GEA-4), which aims...
PHL mulls listing, tax hike on e-games
THE PHILIPPINE government is considering sweeping reforms for online gambling operators, including mandatory stock exchange listings and increased taxes, in a bid to tighten oversight and reduce the social costs of gambling addiction.
Marcos’ U.S. visit aims to boost Philippines-U.S. alliance, says foreign ministry
MANILA - Philippine President Ferdinand Marcos Jr will visit the United States next week with a clear message to President Donald Trump that the...