Chinese imports to the Philippines and Philippine exports to the United States (US) surged in the first quarter, amid escalating trade tensions between Washington and Beijing that threaten to disrupt the global economy. The latest preliminary Philippine Statistics Authority (PSA) data on Wednesday,...
Factory gate prices accelerated at a slower pace in March 2025, due to the slowdown in the price hike for computer, electronic, and optical products, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA revealed that the producer price index (PPI), which reflects...
Aboitiz Power Corporation (AboitizPower) plans to raise up to ₱30 billion from a planned bond issuance, representing the initial tranche of its new three-year Shelf Registration program of up to ₱100.0 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
While the Philippine digital economy expanded to ₱2.25 trillion in 2024, it grew by only 7.6 percent, marking its slowest growth in four years after contracting during the pandemic. Of the country’s gross domestic product (GDP), the share of the digital economy also shrank slightly to 8.5...
The local stock market ended almost flat as investors continue to wait for fresh economic news amid uncertainty in the global front. The main index inched up 2.69 points or 0.04 percent to close at 6,252.19 with sectoral indices evenly mixed. Volume was still low at 622 million shares worth P4.88...
The Philippine Economic Zone Authority’s (PEZA) approval of investments continued its upward trajectory this year, growing by 112.06 percent by the end of April compared to the same period last year. PEZA, an investment promotion agency (IPA) under the Department of Trade and...
Personnel of the Philippine Army's 9th Infantry Division cast their local absentee votes at Camp Elias Angeles in Pili, Camarines Sur on April 28, 2025. (Photo: Philippine Army) More than 29,000 personnel of the Armed Forces of the Philippines (AFP) are expected to cast their votes ahead of the May...
A total of 1,288 policemen were dismissed from the service for various offenses in more than one year of aggressive internal cleansing starting April 1 last year, the Philippine National Police (PNP) said. PNP chief Gen. Rommel Francisco Marbil said the same aggressive internal cleansing from April...
The government’s efforts to fight for the country’s sovereignty and sovereign rights in the West Philippine Sea (WPS) will not end up in a war with China, a spokesperson for the Philippine Coast Guard (PCG) said Tuesday, April 29. PCG spokesperson for WPS Commodore Jay Tarriela said the belief...
Senator Imee Marcos has called on the Office of the Ombudsman to investigate several top government officials over their alleged roles in the arrest and detention of former President Rodrigo Roa Duterte. Senator Imee Marcos In a press conference on Tuesday, April 29, Marcos said there are possible...
Emerging market (EM) currencies, including the Philippine peso, gained versus the United States (US) dollar in the aftermath of US President Donald Trump's tariff spree, according to the think tank Capital Economics. "EM currencies have generally strengthened against the dollar since 'Liberation...
The local stock market declined as some investors took profits while waiting for fresh leads although this was partly offset by the start of window-dressing before April ends. The main index shed 19.25 points or 0.31 percent to close at 6,249.50, pulled down by the retreat of Banks while...
