PHILIPPINE SHARES dropped on Monday, pulling the main index back to the 6,200 level, as the market mostly moved sideways due to the absence of new trading drivers.  The benchmark Philippine Stock ...

THE debt service bill on foreign borrowing was nearly $5.9 billion in the five months to May, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP). Debt service rose 0.51% to ...

FINANCE Secretary Ralph G. Recto said a prospective Supreme Court (SC) order to return funds taken from the Philippine Health Insurance Corp. (PhilHealth) and Philippine Deposit Insurance Corp. (PDIC) ...

THE Philippine Economic Zone Authority (PEZA) said economic zone (ecozone) proclamations are likely to number 20-30 this year, based on the agency’s best-case target. “We might be able to achieve that ...

THE temporary ban on rice imports is not expected to stoke inflation as rice stocks remain substantial, according to the Department of Agriculture (DA). “We had a record harvest in the first half, ...

THE Department of Agriculture (DA) said the beneficiary list of P20-per-kilo rice program will be expanded this month to include fisherfolk. The DA said the rice will start to go on sale at fishports ...

THE public-private partnership (PPP) projects in the pipeline now number 230, valued at P2.86 trillion, the Department of Economy, Planning, and Development (DEPDev) said. Speaking at a House ...

Over a year since the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circulars (RMC) Nos. 05-2024 and 38-2024, taxpayers continue to navigate the complexities that these twin issuances ...

THE PHILIPPINES has invested P100 million in a solar-powered irrigation project in Ormoc City, Eastern Visayas, as part of efforts to boost renewable infrastructure spending to cut farm energy costs ...