Department of Trade and Industry (DTI) Secretary Cristina Roque said the 5.4 percent economic growth in the first quarter of the year is a testament to the economy’s “robust resilience,” fueled by strong consumer spending and industry contributions. Roque, who heads the government agency...
Zamora-led mining firm Nickel Asia Corp. (NAC) reported a 148 percent increase in its attributable net income to ₱501.03 million in the first quarter of 2025, from ₱202.38 million in the previous year, driven by the sale of its minority stake in a nickel processing operator in Palawan. In a...
The local stock market weakened after first quarter economic growth was slower than the government’s target while the Fed did not cut its policy rates. The main index dropped 75.96 points or 1.17 percent to close at 6,389.49 with Conglomerates leading the retreat across the board. A total of 733...
Senate President Francis “Chiz” Escudero on Thursday, May 8 criticized United States President Donald Trump’s plan to send Asian immigrants—including Filipinos—facing deportation to Libya, saying it would be “cruel” for his administration to export them to a third country and one...
National Reinsurance Corporation of the Philippines (NRCP), the country’s sole professional reinsurer, has been assigned a financial strength rating of PRS A plus, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). PhilRatings said an insurer rated PRS A has strong...
The Department of Education (DepEd) on Wednesday, May 7, reiterated that there is no automatic pass or "auto-pass" policy in the Philippine public school system, amid growing concerns about the trend of mass promotion — where students advance to the next grade level despite not meeting learning...
The Philippine Stock Exchange index (PSEi) rose as investors continued buying up stocks due to the low April inflation rate. The benchmark index rose by 46.76 points or 0.73 percent to close at 6,465.45 on Wednesday, May 7, with the Industrial counter posting the biggest advance while Propert...
The Department of Trade and Industry (DTI), Center for International Trade Expositions and Missions (CITEM), Philippine Fashion Coalition (PFC), and LIT Fashion Consultancy have joined forces to launch the FASHIONPhilippines Milan Mentorship Program 2025 — a bold new platform to champion Filipino...
Philippine manufacturing output slightly recovered from the steeper 1.5 percent decline in February, registered a softer 0.2 percent dip in March, and elevated the country’s production performance in the first quarter. According to the Philippine Statistics Authority (PSA), the volume of...
The value of the country’s agriculture and fisheries output recovered in the first quarter of the year, driven by higher production in nearly all subsectors, signaling the sector’s steady recovery from the impact of severe weather disturbances last year. Based on data from the Philippine...
Senator Joseph Victor Ejercito on Wednesday, March 7 said he is committed to support the Department of Transportation’s (DOTr) efforts to complete all pending infrastructure projects before the Marcos administration’s term ends in 2028. Ejercito made this assurance as he confirmed his recent...
President Marcos has ordered an investigation on the report claiming that the sand from the Philippines ' coastal areas are used for some reclamation operations in the West Philippine Sea. President Ferdinand 'Bongbong ' Marcos Jr. (Mark Balmores) Marcos said a...
