Manila, July 2 -- Wholesale prices slowed down in May this year, mainly driven by easing price increases across several commodity groups, the Philippine Statistics Authority (PSA) said. PSA data rele... Read More
Manila, July 2 -- Government reforms to strengthen the country's economic fundamentals helped the Philippines achieve its upper-middle income country (UMIC) status, Finance Secretary Frederick Go said... Read More
Manila, June 29 -- The World Bank Group approved a USD1-billion financing to help the Philippines expand access to affordable, reliable electricity and strengthen water security of Filipinos. In a st... Read More
Manila, June 29 -- The Investment Coordination Committee-Cabinet Committee (ICC-CC) recently approved the Light Rail Transit (LRT) 1 South Extension Common Station and three other public investment pr... Read More
Manila, June 24 -- The Philippine pre-need industry remained resilient despite the decline in income in the first quarter of the year, the Insurance Commission (IC) said Wednesday. The IC said the in... Read More
Manila, June 22 -- The Bureau of Internal Revenue (BIR) issued a revenue regulation on Monday, allowing micro taxpayers to avail of a one-time abatement program to help them settle outstanding tax lia... Read More
Manila, June 22 -- The Philippine Stock Exchange index (PSEi) ended lower on Monday amid foreign selling across sectors, while the local currency lost ground against the greenback. The PSEi shed 1.63... Read More
Manila, June 22 -- The Department of Energy (DOE) announced a big-time price rollback in fuel prices beginning Tuesday. Data released by the DOE on Monday showed that for this week, gasoline prices a... Read More
Manila, June 16 -- The government is aiming to raise at least USD1 billion from its triple-tranche offering of dollar-denominated bonds. In a statement on Tuesday, the Bureau of the Treasury (BTr) sa... Read More
Manila, June 16 -- The Bangko Sentral ng Pilipinas (BSP) on Tuesday warned the public against individuals who falsely claim to be BSP officers or personnel to solicit donations or obtain personal info... Read More