News

THE PESO could weaken further against the dollar this week amid heightened geopolitical risks as Israel and Iran exchanged attacks. The local unit closed at P56.21 per dollar on Friday, sinking by 32.
PHILIPPINE SHARES may move sideways this week as the market monitors developments in the Middle East and ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting on Thursday. On Friday, the ...
EXTERNAL DEBT outstanding rose 14% to $146.74 billion at the end of March, with the government and banks ramping up their borrowing, the Bangko Sentral ng Pilipinas (BSP) said. The central bank added ...
THE PHILIPPINES will need to continue negotiating more free trade agreements (FTAs) to diversify its export markets in the face of the uncertainty posed by the US reciprocal tariffs, a former Finance ...
THE Department of Trade and Industry (DTI) said its Supply Chain and Logistics Group and private sector partners will be launching a jobs blueprint for the wholesale and retail industry on Monday. In ...
THE farmgate price of palay (unmilled rice) fell 28.9% year on year in May to an average of P17.75 per kilogram, the Philippine Statistics Authority (PSA) reported. Month on month, the palay farmgate ...
SUBSIDIES extended to government-owned and -controlled corporations (GOCCs) declined 47.53% to P14.54 billion in April, the Bureau of the Treasury (BTr) reported. The BTr reported that month on month, ...
UNHERALDED Heart Padilla capped her fairy tale run by ruling the National Juniors Girls Chess Championship ahead of the big guns at the GMall in Cebu over the weekend. Ms. Padilla, a 19-year-old ...
REIGNING champion University of the Philippines (UP) just gained a solid backing for its title retention bid in the upcoming UAAP Season 88. The UP Fighting Maroons partnered with Puma that will serve ...
IT did not take long for Alexandra “Alex” Eala to bounce back in a bid to prepare best for her main draw debut in the 2025 Wimbledon on June 30 to July 11 in London. Following a quarterfinal exit in ...
Sam Burns moved closer to a major breakthrough as he held a one-shot lead over Australian Adam Scott, who turned back the clock to enter the mix, and J.J. Spaun after the third round of the US Open on ...