Infra scandal drags BoP into deficit — BSP
The Philippines posted a $5.7-billion balance of payments deficit in 2025, driven by weaker foreign investments amid governance issues, while remittances and…
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The Philippines posted a $5.7-billion balance of payments deficit in 2025, driven by weaker foreign investments amid governance issues, while remittances and…
The Philippines faces a $5.7-billion BOP deficit in 2025, reversing last year's surplus, as remittances remain strong. Despite governance issues impacting…
Defense Secretary Gilberto Teodoro Jr. dismissed concerns that the Philippines could be drawn into the Middle East conflict, stressing alliances are for…
Business confidence in the Philippines plunged to 0.9% in January 2026, per the BSP’s first monthly Business Expectations Survey, as corruption scandals weigh…
Explore how the corruption scandal has impacted business sentiment in the Philippines, with January 2026 seeing a sharp decline in confidence according to the…
DEPDev Secretary Arsenio Balisacan says the Philippines would have hit its 2025 growth target if not for the flood control corruption scandal that stalled…
Camarines Sur Rep. Nelson S. Legacion urged government agencies to rein in rising domestic airfares, warning that costly inter-island flights are undermining…
Slowdown in economic growth brought about by the flood control scandal will persist heading into 2026. ‘The developments last year are likely to be faced this…
Economic growth in the Philippines may remain subdued in early 2026 due to spillover effects of the flood control scandal, with recovery expected in the second…
‘They always announce that inflation is low, but the thing is, the public is not feeling this. Prices continue to be high. There’s a lot of hoarding. There’s a…
The reverse repurchase rate, now at 4.5 percent, is expected to revive economic activity a bit ‘at a time when painful governance issues around infrastructure…
The Philippines’ long-term economic prospects face headwinds as corruption allegations in flood-control projects dampen investor confidence, weaken the peso,…
The Philippine Stock Exchange index (PSEi) slipped below the 6,000 mark on Friday, falling 1.09% to 5,988.02 amid broad market selling and a weakening peso,…
Wall Street fell as a court ruling clouded Trump’s tariff strategy, with the Dow -0.6%, S&P 500 -0.7%, and Nasdaq -0.8%. Investors also weighed weak…
The LTO has flagged 19 motorcycles and summoned their owners after an illegal racing incident in San Rafael, Bulacan, involving minors as young as 7. The…
A torn, bloodied shirt believed to be from the missing hiker was also found Friday.
Bloomberry Resorts posted a ₱1.4B Q2 2025 loss as Solaire Entertainment City’s VIP slump offset strong gains at Solaire North, which saw mass gaming and…
The Bureau of Immigration warns the public about a text scam falsely using its name and Commissioner Joel Viado’s identity to solicit donations, despite the…
Justice Secretary Remulla says the search for missing sabungeros in Taal Lake may take six months, as authorities probe match-fixing killings, alleged police…