BoI approves P1.56 trillion in investments in 2025
THE BOARD of Investments (BoI) said it has approved a total of P1.56 trillion in investments in 2025, registering the second-highest level of investment...
Poll: Inflation further eased in Dec.
HEADLINE INFLATION may have eased to a five-month low in December amid the continued drop in rice prices and cheaper electricity costs, which likely brought full-year inflation well below the target, analysts said.
Marcos signs P6.79-T budget, vetoes P92.5B in unprogrammed funds
Philippine President Ferdinand R. Marcos, Jr. on Monday signed this year’s P6.793-trillion national budget but vetoed almost P100 billion worth of unprogrammed appropriations amid heightened scrutiny over public spending as authorities probe a graft scandal.
Philippine government cuts growth targets until 2027
The Philippines trimmed its economic growth targets until 2027, after growth likely slowed to about 4.8% to 5% this year, according to Economy Secretary Arsenio M. Balisacan.
Peso slides to near one-month low on flight to safety amid Venezuela turmoil
THE PESO dropped to a near one-month low on Monday, sinking back to the P59 level, as players flocked to safer assets following the...
Stocks climb on expectations of slower inflation
PHILIPPINE SHARES extended their climb on Monday on expectations of slower headline inflation in December and as bargain hunting continued.
The Philippine Stock Exchange index...
Top 1,000 companies in the Philippines post P19.51-trillion gross revenues in 2024
THE TOP 1,000 corporations in the Philippines weathered economic shocks in 2024 as their balance sheets remained stable despite geopolitical tensions and subdued global demand.
Global trade tensions pose risks to Philippine manufacturing sector
THE Philippine manufacturing sector may face headwinds from increasing global trade tensions that could weaken overseas demand this year, S&P Global said.
Marcos vetoes P92.5-billion in unprogrammed funds in 2026 budget
PHILIPPINE President Ferdinand R. Marcos, Jr. on Monday signed this year’s P6.793-trillion national budget but vetoed around P92 billion worth of unprogrammed appropriations amid heightened scrutiny over public spending as authorities probe a graft scandal.
PHL trims 2026, 2027 growth goals
THE PHILIPPINE government lowered its economic growth targets for this year and 2027, with the impact of the corruption scandal still expected to be...
Philippine annual inflation picks up to 1.8% in December
MANILA - Philippine annual inflation was 1.8% in December, above the previous month's 1.5% rate, the statistics agency said on Tuesday.
Economists in a Reuters...
Jollibee plans a US listing of its international business
(UPDATE) Shares of Jollibee Foods Corp. jumped the most in more than five years after it announced plans to spin off its international business...