Outstanding bank loans climbed 12.1% in May, while money supply recorded its fastest growth since August 2020.
The BIR resumes collecting excise taxes after the average price of Dubai crude oil dropped below the threshold that had kept the temporary tax suspension in place.
Underemployment dropped to 12.2% while Filipinos logged longer working hours, pointing to improving job quality for many workers.
Leechiu says housing affordability could remain under pressure over the next two quarters, although it does not expect a property market crash.
JE Holdings secures a 99.59% stake in Robinsons Retail, putting the Gokongwei-led company on track for its planned July 28 delisting from the Philippine Stock Exchange.
The investment is seen to protect 2,000 jobs, create up to 2,000 more, fund exploration in Mindanao, and double the Masbate mine’s solar capacity.
Weak Q1 expansion of only 2.8% forces government to lower full year target, with officials banking on stronger infrastructure spending and easing inflation to lift growth in the second half.
First-half collections reached nearly ₱492 billion after June revenue exceeded target by 3.43%, keeping the Bureau of Customs on pace to hit its annual goal.
PETValue and Republic Cement team up to turn bottle caps, labels and other non-recyclable plastics into alternative fuel instead of landfill waste.
Flag carrier also launches Chicago route in November, and boosts capacity for travel, trade, and cargo.
