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Inflation eases to 6.4% in June

Manila, July 7 -- Headline inflation slowed for the second consecutive month, settling at 6.4 percent in June this year from 6.8 percent in May due to easing oil price pressures and government measure... Read More


PH factory output grows in May

Manila, July 7 -- Factory output in the Philippines continued to expand in May, but growth in both production volume and value lost momentum from the previous month, the Philippine Statistics Authorit... Read More


Whole price index slows in May

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


Go vows to build on econ gains for progress to reach more Filipinos

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


World Bank approves $1-B loan to help PH lower electricity costs

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


ICC approves LRT 1 common station, 3 other projects

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


PH pre-need industry sustains financial strength in Q1 2026

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


BIR opens one-time tax amnesty for micro taxpayers

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


Foreign selling pulls down PSEi, peso weakens

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


Oil firms to implement big-time price rollback June 23

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