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BCDA posts 64% jump in investors as of end-July

Manila, Aug. 7 -- Approved investments under the Bases Conversion and Development Authority (BCDA) rose 63.82 percent to PHP53.5 billion on an annual basis in end-July, boosting economic growth contri... Read More


Employment rate up to 96.3% in June

Manila, Aug. 6 -- Employment rate in the Philippines rose to 96.3 percent in June 2025 from month-ago's 96.1 percent, driven by more people hired in the services sector. Data released by the Philippi... Read More


Visayas grid on yellow alert status anew Wednesday afternoon, evening

Manila, Aug. 6 -- A yellow alert status was again raised over the Visayas grid Wednesday, for 3-4 p.m. and 5-7 p.m., given the forced outages and de-rated capacities of several power plants serving th... Read More


Visayas grid on yellow alert Tuesday afternoon, evening

Manila, Aug. 5 -- A yellow alert status has been raised over the Visayas grid for 3-4 p.m. and 6-8 p.m. Tuesday because of a low operating margin partly due to the forced outage of 12 power plants. A... Read More


BSP sees sustained below-target inflation rates this year

Manila, Aug. 5 -- A turnaround of the domestic inflation rate in July 2025 at 0.9 percent, the slowest since October 2019's 0.6 percent, made monetary authorities' projection of below-average inflatio... Read More


PH inflation slows to 0.9% in July

Manila, Aug. 5 -- The country's inflation or the rate of increase in the prices of goods and services reversed its path in July 2025 after decelerating to 0.9 from month-ago's 1.4 percent, driven prim... Read More


Up to P1.90/L rise for fuel prices set Tuesday

Manila, Aug. 4 -- Prices of fuel sustain their rise, with another hike by as much as PHP1.90 per liter set for Aug. 5. In an advisory Monday, Seaoil said effective 6 a.m. on Tuesday, the price of its... Read More


Meralco inks 20-year power supply deal with biogas firm

Manila, Aug. 4 -- Manila Electric Company has secured a 20-year power supply agreement (PSA) with First Quezon Biogas Corporation (FQBC) for a 1.25 megawatts (MW) renewable energy (RE) capacity, start... Read More


Fuel prices forecast to jump anew next week

Manila, Aug. 1 -- Oil prices will likely increase again next week on global market developments, such as the US-EU trade deal, which reduced the tariff of European exports to the United States to 15 p... Read More


Mindanao grid under yellow alert for 2 hours Friday night

Manila, Aug. 1 -- An expected high electricity demand in the Mindanao grid between 6 p.m. and 8 p.m. on Friday made the National Grid Corporation of the Philippines (NGCP) declare a yellow alert statu... Read More