Senate probers of the Blue Ribbon Committee on Public Accountability were prodded to dig deeper into a lucrative passport racket involving foreign nationals.

FILIPINOS trying their best to keep up with rising prices led to the slowest consumption growth in two years, according to local economists.

THE Department of Budget and Management (DBM) on Thursday said the improved spending by state agencies contributed to the country’s 5.9-percent economic growth in the third quarter.

THE Makati Business Club (MBC) said the growth goal of the country should be 7 to 8 percent not just for this year but in the next 10 years, as this is the “only way” Filipinos can enjoy the life they deserve.

AMID the reduction in manufacturing jobs, Philippine Statistics Authority (PSA) data showed average capacity utilization of factories improved in September.

THE completion of the Cebu-Negros-Panay Stage 3 Backbone Project (CNP3), which is crucial to the full operation of the P51.3-billion Mindanao-Visayas Interconnection Project (MVIP), is delayed because of a temporary restraining order (TRO) sought by t...

THE broadcast media plays a critical role in nurturing a culture of peace, but this journey must begin within the family and the home, ALC Group Chairman D. Edgard A. Cabangon said in a speech at the Global Peace Media Forum on November 7, 2023, at th...

THE National Grid Corporation of the Philippines (NGCP) said the results of the partial review of its performance and operations conducted by the Energy Regulatory Commission (ERC) were unfair and traced the situation to ERC’s failure to conduct a reg...

SUBIC BAY FREEPORT—Authorities in this Freeport are keeping an eagle-eyed watch for attempts by unscrupulous traders to smuggle agricultural products through Subic, as imported vegetables begin flooding the local market in time for the Christmas seaso...

THE Justice Sector Coordinating Council (JSCC) will officially open today, Friday, the Puerto Princesa City Justice Zone (PPCJZ), the first Green Justice Zone in the country that will tackle pressing environmental issues within its jurisdiction.

FOREIGN ministers from the Group of Seven, the leading industrialized democracies in the world, reiterated their support to the 2016 arbitration ruling that invalidates China’s expansive claim over the South China Sea (SCS).

With third-quarter gross domestic product (GDP) growth figures, an economist-lawmaker on Thursday said the nation’s economic performance in this period offers “promising opportunities” for the future, and the government should now capitalize on t...

The Department of Agriculture (DA) may find it difficult to reactivate the Bureau of Agriculture Statistics (BAS) as its return would require the amendment of the Philippine Statistics Authority (PSA) charter.

Senator Sherwin Gatchalian, citing microgrids to boost full electrification nationwide, commended the Department of Energy’s (DOE) launch of its competitive selection process (CSP) for microgrid systems providers (MGSP), citing the move as  “a su...

The National Economic and Development Authority (Neda) Board on Thursday approved over P57 billion worth of projects, which are expected to improve the country’s agriculture supply chain and maritime security.

An intensive anti-crime campaign resulted in a lower crime rate in the first 10 months of 2023 compared to the same period last year, the Philippine National Police (PNP) said on Wednesday.

This year’s “Kamandag” bilateral exercise between the Philippine and US Marine Corps units highlight the strong military ties between the two nations.

Two environment groups will conduct a new round of lead pollution contamination tests in San Simon, Pampanga, and other areas to look into the reported pollution caused by the illegal operation of used lead-acid battery (ULAB) recyclers and lead smelt...

THE Bureau of Immigration (BI) on Thursday said a total of 140 foreign nationals who were previously convicted of sex crimes had attempted to enter the country this year.

THE Rafah Border Crossing in Gaza Strip was closed anew Wednesday, stranding hundreds of foreigners and Palestinians, including more than 80 Filipinos and their Palestinian spouses who were scheduled to exit the enclave.

Mindanao-based real estate developer and listed firm A Brown Co. Inc. is seeking the approval of regulators for the second tranche of its preferred shares offering worth some P1.5 billion.

Conglomerate SM Investments Corp. (SMIC) said it had a consolidated net income of P55.9 billion in January to September, higher by 30 percent from P42.9 billion last year.

Electricity rates for this month will go up by P0.2347 per kilowatt hour (kWh) to P12.0545 per kWh, the Manila Electric Co. (Meralco) announced Thursday.

ACEN Corp. reported a net income of P6.6 billion at end-September this year, up by 59 percent from the same period a year ago, boosted by gains from the sale of its stake in geothermal power plants in Indonesia.

Property developer Megaworld Corp. on Thursday said its income in January to September rose 39 percent to P13.5 billion from P9.7 billion last year.

Toki, a Filipino-founded social commerce platform in the Philippines, sees a huge opportunity in the $5-billion collectibles market, as almost half of Filipinos are considered collectors.

Globe Telecom Inc. said on Thursday it “consistently” held the revenue leadership in the mobile market with 54.9 percent at end-September.

Monde Nissin Corp. said its income in January to September reached P5.68 billion, flat from a year ago, as it was weighed down mostly by its veggie meat business.

THE chief of the National Economic and Development Authority (Neda) said the Philippines cannot afford to wait for Chinese Official Development Assistance (ODA) to finance three railway projects.

THE national government could end the year with a debt-to-GDP ratio lower than its 61.4 percent target as its outstanding debt in relation to economic output eased to 60.2 percent in the third quarter, the Bureau of the Treasury (BTr) said.

The National Economic and Development Authority (NEDA) said the government is “on track” in laying down the groundwork for the full implementation of its 2023-2028 Philippine Development Plan (PDP).

SLOWING inflation may be good news for some but this may also indicate weaker demand, thus, lower economic growth, according to local economists.

THE leadership of the House of Representatives has decided to relieve Deputy Speakers Gloria Macapagal-Arroyo and Isidro Ungab of their leadership roles, House Majority Leader Manuel Jose M. Dalipe said on Tuesday.

ON the evening of November 7, 2013, Antonino and Soledad Guande of Barangay San Roque were looking at their family having fun after dinner.

THE country’s external trade performance may continue to be lackluster and may already be the new normal for the Philippines given the “unilateral” decisions made by its two biggest trade partners—China and the United States.

DESPITE the easing of inflation in October, the National Economic and Development Authority (Neda) is now bracing for more economic headwinds in the coming months due to an intensified El Niño and the impact on prices of holiday spending.

ADDRESSING learning poverty will allow the Philippines to attain the second demographic dividend which holds the key to fast economic growth all the way to 2100, according to the National Economic and Development Authority (Neda).