Marcos signs P6.79 trillion 2026 budget; Vetoes P92.5 billion in unprogrammed items
President Ferdinand R. Marcos Jr. on Monday signed into law the P6.793-trillion national budget for 2026, vetoing P92.5 billion worth…
Foreign currency deposit units loans down 5% in third quarter
Loans extended by banks’ foreign currency deposit units (FCDUs) slipped by 5 percent in the third quarter quarter of 2025,…
BSP sees December inflation between 1.2% and 2%
Upticks in food prices due to weather conditions and increased holiday demand, along with higher prices of liquefied petroleum gas…
Palace: Cabinet not exempted from graft probe if evidence exists
Cabinet officials will not be exempt from anti-graft and corruption investigations if evidence links them to alleged budget irregularities, Malacañang…
Toyota reports slight sales decline globally
Toyota’s sales and production both declined in November, driven largely by a sharp downturn in China after Beijing ended incentives…
Filipino tech innovator Dado Banatao passes away at 79
Renowned Filipino engineer and tech innovator Diosdado Banatao passed away on Christmas Day in the United States at 79 years…
Weaker seen lowering balance of payments in 2026
Weaker global trade in goods is a key factor behind the Philippines’ projected balance of payments (BOP) deficit through 2026,…
US set to increase tariffs on Chinese chips
The US government has signaled a tougher long-term stance on China’s semiconductor industry, announcing on Tuesday that tariffs on Chinese…
Marcos to sign 2026 budget in first week of January
President Ferdinand R. Marcos Jr. is set to sign the proposed 2026 national budget in the first week of January,…
DOE terminates 84 renewable contracts
The Department of Energy (DOE) has terminated 84 renewable energy service contracts this 2025 after developers failed to implement their…