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 sees December inflation between 1.2% and 2.0%
PHILIPPINE INFLATION likely eased year on year in December as lower electricity prices may have offset costlier food items during the holiday season.
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...
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.
Soaring prices spark Australia gold rush for new generation of fortune hunters
MELBOURNE — In the hinterlands of Australia’s historic goldfields, Vicki Plumridge jumps for joy when she digs a small golden nugget out of the...
US economy to ride tax cut tailwind but faces risks
A see-saw year for the US economy in 2025 looks set to give way to a stronger 2026 thanks to tailwinds from President Donald...
Fil-Chinese chamber sees tax audit reform as positive signal to global investors
The Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) said recent reforms to the tax audit process at the Bureau of Internal Revenue (BIR) send a positive signal to global investors.
Three stations added to EDSA Busway
The Department of Transportation (DoTr) is set to begin the construction of three more stations for the Epifanio de los Santos Avenue (EDSA) Busway...
DTI eyes trade, investment opportunities as Philippines chairs ASEAN
The Philippines is preparing to leverage its Association of Southeast Asian Nations (ASEAN) chairmanship in 2026 to strengthen trade and investment ties within the...
Recto says Palace now reviewing 2026 national budget
The Philippine executive branch is now reviewing the 2026 national budget, a process that could temporarily place the government under a reenacted budget in the first few days of January, Executive Secretary Ralph G. Recto said.
BSP told to monitor banks’ exposure to manufacturing, public sector
The International Monetary Fund (IMF) urged the Bangko Sentral ng Pilipinas (BSP) to closely monitor banks’ exposure to the manufacturing and public sectors amid...