Economy
DA braces for costlier rice imports amid weak peso
MANILA, Philippines — The Department of Agriculture (DA) is bracing for higher rice import costs as the peso continues to weaken against the US dollar, potentially adding pressure on local prices at a...
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‘Budget insertions’ alarm business groups anew
MANILA, Philippines — Over 30 business and civil society groups demanded on Thursday that Congress ensure that no budget insertions lacking technical justification should be allowed to make it into th...
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ADB expands Singapore presence to draw more private capital into Asian projects
The lender expects to play an active role in supporting Singapore’s 2027 Asean chairmanship...
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SP Win Gatchalian renews call to suspend excise tax on gasoline, diesel
Senate President Sherwin Gatchalian renewed his call Friday for the suspension of the excise tax on gasoline and diesel to alleviate the plight of public utility vehicle (PUV) drivers....
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BSP sees October inflation to rise as fast as 8.1%
The country"s inflation rate could breach 8% in October, according to estimates by the Bangko Sentral ng Pilipinas (BSP)....
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Binance halts withdrawals as suspected hack spurs crypto sell-off, vows to ‘cover all losses’
Some US$3 billion in assets are currently frozen but the figure ‘may continue to increase', it says...
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Binance estimates US$6.3 billion hacked in crypto’s biggest heist
Blockchain intelligence firms all point to North Korea as behind the breach...
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PH trade gap widens to $5.15B in September 2026
The Philippines' trade deficit continued to widen in September 2026 as growth of imports outpaced export growth, preliminary data released by the Philippine Statistics Authority (PSA) on Friday showed...
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First week of November sees up to P3/L gasoline hike, slight rollback for diesel
Mixed movements in pump prices are projected to continue as November starts next week....
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Gasoline up by P3/L, diesel slightly down in first week of November
Mixed movements in pump prices are projected to continue as November starts next week....
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