PHILIPPINE INFLATION likely eased for a second straight month to a three-month low in June as lower oil and rice prices offset higher electricity rates, analysts said.

THE Department of Transportation (DoTr) said civil works for the last two stations of the Metro Rail Transit Line 7 (MRT-7) will start next year. “Civil works for the Tala Station and San Jose del ...

The economic turmoil brought about by the ongoing crisis in the Middle East has led to heightened attention to the energy situation of the country. To be sure, our energy security had been precarious ...

Under the Anti-Money Laundering Act (AMLA), those classified as covered persons are mandated to report to the Anti-Money Laundering Council (AMLC) all covered transactions and suspicious transactions ...

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ...

The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...

ALMOST 7 out of 10 Filipino employees place stability and work-life balance at the forefront when choosing where to work, urging employers to offer flexible working options such as working from home, ...

OUTSOURCED semiconductor assembly and test firm ASE Co., Ltd. is planning a 26,000-square-meter (sqm) expansion in the Philippines, the Philippine Economic Zone Authority (PEZA) said on Wednesday, ...

THE PHILIPPINE credit card market continued to grow in the fourth quarter of 2023, mainly driven by new cardholders, a study by TransUnion showed. Total outstanding credit card volumes in the ...

PLAINTIFFS challenging unprogrammed appropriations told the Supreme Court (SC) that the budget mechanism allows billions of pesos to move outside constitutional guardrails, weakening fiscal discipline ...

THE human rights situation in the Philippines remains defined by a deeply entrenched culture of impunity and the continued occurrence of unlawful killings under the administration of President ...

MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...