The Economy

Gov’t debt rises to P18.16-T in February

The national government’s total outstanding debt inched up to PHP18.16 trillion as of end-February, the Bureau of the Treasury (BTr) reported Wednesday, citing continued...
TEAMWORK. Workers guide a forklift operator as he loads a 40-foot container van onto a trailer truck at Sasa wharf in Davao City on Thursday. LEAN DAVAL JR.

BOC records P1.2-B surplus in March revenue collection

The Bureau of Customs (BOC) has exceeded by 1.4 percent or PHP1.190 billion its March collection target. Based on preliminary figures, the bureau reported that...

No price freeze amid declaration of national energy emergency: DTI

The Department of Trade and Industry (DTI) on Friday clarified that no price freeze is currently in effect despite Malacañang’s declaration of a national...

Fish, vegetable prices steady for now ahead of Holy Week

Prices of fish and vegetables at the Pasig City Mega Market remain generally stable as Holy Week draws near, but vendors and consumers alike...

Diesel prices seen nearing P150 per liter next week

Motorists are advised to brace for another round of significant fuel price hikes, with diesel prices projected to climb close to P150 per liter...

BSP holds rates at 4.25% after off-cycle review of inflation risks

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) kept its policy rate at 4.25 percent following a rare off-cycle meeting on Thursday. The...
ENCOURAGING SIGN. A worker walks by piles of container vans at Sasa wharf in Davao City on Wednesday, an indication of an upswing and conducive business environment in the city despite the declaration of Martial Law in Mindanao. LEAN DAVAL JR.

PH external trade in goods up 10% in February – PSA

The country's total external trade in goods rose by more than 10 percent in February this year, preliminary data from the Philippine Statistics Authority...

Diesel may hit P162/L; double-digit inflation possible in worst-case scenario – DEPDev

The Department of Economy, Planning and Development (DEPDev) warned that inflation could surge to double-digit levels by May if global oil prices spike to...

ADB to help Asia-Pacific handle conflict impact

The Asian Development Bank (ADB) has said it is ready to deploy timely financial and technical support to help developing member countries (DMCs) mitigate...

PH fuel supply adequate until mid-May, DOE says

The Philippines continues to have adequate fuel supply until the second week of May, Energy Secretary Sharon Garin said Tuesday. In an online briefing, Garin...