Editor’s Pick

THE Department of Budget Development (DBM) said Thursday that the contingent fund and local government support fund have been placed on standby to support the government’s dwindling disaster funds. Concerns…

THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to continue cutting rates in the next few months, Finance Secretary and Monetary Board Member Ralph G. Recto said Thursday. “We have…

PHILIPPINE pharmaceutical exports are expected to grow further, boosted by supportive regulation that will enhance quality, Fitch Solutions unit BMI said. “Improved regulatory standards will boost prospects for Philippine’ medicine…

THE Independent Electricity Operator of the Philippines (IEMOP) said it hopes to launch full commercial operations by December for the renewable energy (RE) market serving on-grid participants. “We are preparing…

THE green energy auction (GEA)  will likely proceed within the year even though the pricing mechanisms have yet to be issued. “Towards the end of this year, we should finalize…

PRESIDENT Ferdinand R. Marcos, Jr. signed into law Thursday a priority bill seeking to boost  apprenticeship programs and better align them with industry needs. The proposed Enterprise-Based Education and Training…

THE National Government’s (NG) debt as a share of gross domestic product (GDP) was 61.3% at the end of the third quarter, the Bureau of the Treasury (BTr) said Thursday.…

GERMAN FIRMS operating in the Philippines are projecting improved business conditions, which will cause more of them to invest and hire more, the German-Philippine Chamber of Commerce and Industry (GPCCI)…

MANUFACTURING OUTPUT contracted by 6.3% in September due to double-digit declines in the production of coke and refined petroleum products as well as in beverages, according to the Philippine Statistics…

GROSS DOMESTIC PRODUCT (GDP) growth in the second quarter was upwardly revised to 6.4% from the 6.3% initially reported, the Philippine Statistics Authority (PSA) said on Wednesday. The PSA said…