April 2025 GIR remains healthy

Manila, May 19 -- The Bangko Sentral ng Pilipinas said the country's balance of payments (BOP) position continued to a post a deficit in April this year, but noted that gross international reserves (G... Read More

AMLC starts probe into alleged laundering of Anson Que's ransom

Manila, May 13 -- The Anti-Money Laundering Council (AMLC) has launched a probe into the alleged money laundering of the ransom money paid relating to the kidnapping of businessman Anson Que. In a st... Read More

Meralco rates down in May

Manila, May 13 -- The Manila Electric Co. (Meralco) said Tuesday electricity rates in its franchise areas declined by PHP0.7499 per kilowatt hour (kWh) this May. In a statement Tuesday, Meralco said ... Read More

PTI backs several Senate measures to combat illicit tobacco trade

Manila, May 13 -- The Philippine Tobacco Institute (PTI) on Tuesday backed several proposed measures in the Senate that would help curb illicit tobacco trade. In a statement, PTI expressed support to... Read More

Local shares up, peso closes at 55.80 to a dollar on Tuesday

Manila, May 13 -- Local shares rose on Tuesday, lifted by the rally in US equities and the peaceful midterm elections. The Philippine Stock Exchange index (PSEi) rose by 1.68 percent to 6,566.82 whil... Read More

PH economy sustains growth in Q1 2025

Manila, May 8 -- The Philippine economy continued to grow in the first quarter of the year, surpassing other major economies in the region. In a briefing on Thursday, National Statistician Dennis Map... Read More

Inflation falls to over 5-year low in April

Manila, May 6 -- Headline inflation fell to its lowest level in over five years at 1.4 percent in April this year, the lowest recorded since the 1.2 percent in November 2019, the Philippine Statistics... Read More

Marcos: Sustain reforms after PH gray list exit

MANILA, May 5 -- President Ferdinand R. Marcos Jr. on Monday called for continued efforts to institutionalize reforms to make sure that the Philippines will remain out of the Financial Action Task For... Read More

Concreat PH starts new cement line in Rizal

Manila, May 3 -- Concreat Holdings Philippines, a majority-owned subsidiary of DMCI Holdings, announced the full operations of the new production line at its Solid Cement Plant in Antipolo City. In ... Read More

PSEi, peso up on improved sentiment

Manila, May 3 -- Local shares and the peso closed stronger on the last trading day of the week, boosted by Fitch Rating's recent affirmation of the country's credit rating. The Philippine Stock Exch... Read More

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