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Agricultural output likely shrank in Q1
By Vonn Andrei E. Villamiel, Reporter THE PHILIPPINES’ agricultural output likely contracted in the first quarter of 2026, weighed down by a drop...
Gov’t agencies told to cut spending amid oil crisis
THE DEPARTMENT of Budget and Management (DBM) has ordered government agencies to cut spending and defer selected projects to free up funds to...
CTA upholds SMB P1-B refund; SMGP allots P4.49B for RE
THE Court of Tax Appeals (CTA) En Banc has upheld a tax refund exceeding P1 billion in favor of San Miguel Brewery, Inc....
BSP seen to hike by 50 bps this year
THE BANGKO Sentral ng Pilipinas (BSP) could raise benchmark borrowing costs by up to 50 basis points (bps) this year as the oil...
Philippine business confidence weakest in over 25 years in March
BUSINESS CONFIDENCE fell to its weakest in more than 25 years in March as firms turned pessimistic on expectations that higher fuel costs...
Water firms ramp up efforts ahead of El Niño
By Sheldeen Joy Talavera, Reporter WATER PROVIDERS in Metro Manila and nearby areas are stepping up preparations to secure supply after the weather...
PHL rice imports may hit 4.8 MMT
THE PHILIPPINES’ rice imports this year could reach 4.8 million metric tons (MMT), potentially matching or exceeding the elevated level recorded in 2024,...
Airline fuel surcharge raised to near-maximum level
By Ashley Erika O. Jose, Reporter THE CIVIL Aeronautics Board (CAB) raised the passenger fuel surcharge to Level 19 for April 16-30, the...
Philippines adopts rules to lock in POGO ban
THE GOVERNMENT is adopting inter-agency procedures aimed at strengthening enforcement against offshore gaming operations and preventing their reemergence, Malacañang said. The standard operating...
PHL urged to adjust fiscal stance amid downgrade risk
ECONOMISTS said the government should adjust its fiscal stance amid an oil price shock after Fitch Ratings revised its outlook for the Philippines...
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