Unemployment rate rises to 5%, highest in 3 months
THE NUMBER of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by...
ADB approves $400-million loan to improve ease of doing business in the Philippines
THE ASIAN Development Bank (ADB) has approved a $400-million policy-based loan to support the Philippine government’s efforts to improve the ease of doing business...
Peso edges up before Fed, BSP decisions
THE PESO inched up against the dollar on Wednesday as investors await the policy decisions of the US Federal Reserve and the Bangko Sentral...
PHL shares retreat, weighed by economic concerns
PHILIPPINE SHARES retreated on Wednesday as sentiment turned cautious in anticipation of the policy decisions of the US Federal Reserve and the Bangko Sentral...
Philippines’ October jobless rate jumps to 5%
The number of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by...
FDI net inflows slump to over 5-year low in September
Net inflows of foreign direct investments (FDI) into the Philippines plunged to its lowest monthly level in over five years in September, the Bangko...
ADB approves $400-M loan to improve ease of doing business in the Philippines
THE Asian Development Bank (ADB) has approved a $400-million policy-based loan to support the Philippine government's efforts to improve the ease of doing business...
ADB slashes Philippine growth forecasts for 2025, 2026
By Aubrey Rose A. Inosante, Reporter
The Asian Development Bank (ADB) sharply cut its growth forecasts for the Philippines for this year and 2026, amid...
World Bank sees gradual Philippine recovery in 2026, 2027
THE WORLD BANK (WB) sees a gradual recovery for the Philippines in 2026 and 2027, after growth slowed this year due to weaker investment...
Peso falls to new low of P59.22 vs $1
THE PESO sank to a new all-time low on Tuesday to join most regional currencies’ decline against the US dollar on cautiousness before the...
PEZA-approved investment pledges plunge in November
INVESTMENT PLEDGES approved by the Philippine Economic Zone Authority (PEZA) slumped by 58.59% to P32.211 billion in November from P77.79 billion in the same month a year ago.
Meralco lowers rates by 36 centavos/kWh in December
RESIDENTIAL CUSTOMERS of Manila Electric Co. (Meralco) may see slightly lower bills this month as the power distributor cuts electricity rates due to lower...