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Cash from OFWs among factors seen boosting peso
US dollar inflows from overseas Filipino workers (OFWs) for the holiday season, along with the country’s robust dollar reserves are expected to back the local currency against further depreciation. On Wednesday, the local unit weakened to the P59-level against the…
Denmark backs revitalization of PH shipbuilding, repair industry
The Danish Embassy in Manila has expressed its support for the Philippines’ revitalization of its shipbuilding and ship repair industry (SBSR) led by the Department of Transportation (DOTr), the Maritime…
Senator vows ‘golden age of transparency’ with proposed 2026 budget
Sen. Win Gatchalian on Wednesday vowed that the proposed P6.79-trillion national budget for 2026 will usher in a “golden age of transparency,” as the Senate introduced several unprecedented reforms to…
PH total insurance premiums up 13.2% in end-Sept.
More Filipinos now have insurance coverage as total premiums rose 13.2 percent on an annual basis as of end-September, data from the Insurance Commission (IC) showed. Total premiums of the…
BPI exec upbeat on PH economic upturn in coming quarters
The slip of the Philippine economy in the third quarter of 2025 is not unexpected given the impact of the weather and concerns about governance issues, but the president of…
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