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Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
GCash widens global reach
Overseas Filipino workers may connect their GCash accounts with foreign banks by the second quarter of the year, expanding the financial services they can access in the e-wallet......»»
Figaro income up in 6 months
Improvement in volume from store expansion and opening boosted the earnings of Figaro Coffee Group Inc. (FCG) in the first half of its current fiscal year......»»
Ecozone investments slip by 9% in 4 months
Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»
Over P600 billion projects approved in 4 months – BOI
Investments approved by the Board of Investments (BOI) have reached more than P600 billion in the first four months of the year......»»
Government posts P88 billion surplus
The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»
BFP: Over 3,000 fires recorded in first 2 months
More than 3,000 fires have been recorded in the first two months of the year, causing over P1.3 billion in damage, according to the Bureau of Fire Protection (BFP)......»»
Government hikes borrowings to P2.57 trillion for this year
The Philippines raised its 2024 borrowing program by four percent to P2.57 trillion, which could make fiscal consolidation more challenging for the government......»»
P146 billion airport contracts set for signing this year
The Department of Transportation will sign this year more than P146 billion worth of contracts for the privatization of four airports, freeing up fiscal space for the government and building up the public-private partnership landscape......»»
LRT-2 revenue, ridership up in 2 months
The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»
NAIA passenger volume exceeds 8 million in 2 months
Air travel in the Philippines is showing signs of returning to pre-pandemic levels in 2024, as the Ninoy Aquino International Airport improved its passenger footprint by 13 percent in the first two months of the year......»»
Ecozone investments up 19 percent in 2 months
Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»
Rare 4-shot swing keys Ababa’s rise to the top
Sarah Ababa staged an amazing comeback, erasing a daunting four-stroke deficit in just one-hole and leveraging that pivotal moment to propel herself to victory in the ICTSI Apo Golf Classic, ending a prolonged drought on the Ladies Philippine Golf Tour with a closing 73......»»
Ababa rules ICTSI Apo Golf Classic after rare 4-shot swing
Sarah Ababa staged an amazing comeback, erasing a daunting four-stroke deficit in just one-hole and leveraging that pivotal moment to propel herself to victory in the ICTSI Apo Golf Classic......»»
Chan tops Q-School
Amateur standout Aidrid Chan marked his transition to the professional ranks with a remarkable victory in the Philippine Golf Tour Q-School, overhauling a four-stroke deficit with a 68 and securing the low medal honors by three at the South Pacific Golf and Leisure Estates here yesterday......»»
Not out of the woods
Magnolia avoided a delicate predicament by pulling the rug from under San Miguel Beer in Game Three of the PBA Commissioner’s Cup Finals at the Smart Araneta Coliseum last Wednesday but the shock reversal from a 0-2 deficit will go for naught if the Chicken Timplados Hotshots don’t even the series in Game Four at the same venue tonight......»»
Alternergy income reaches P121 million
The earnings of renewable energy firm Alternergy Holdings Corp. reached P121.16 million for the first half of its fiscal year......»»
19 drug dens in CV shut down in a span of 4 months – PDEA-7
CEBU CITY, Philippines – A total of 19 drug dens from all over Central Visayas were successfully shut down by authorities in a span of 4 months. Leia Alcantara, spokesperson of the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7), shared that this is the result of their anti-drug operations from January 1 to May.....»»
Robinsons Bank systems convert into BPI in 18 months
Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»
DepEd eyes aggressive return to June-March calendar to escape heat
The Department of Education is eyeing to shorten next year's school calendar by two months as part of its most aggressive proposal yet to return to a schedule that ends classes before the hot months of April and May......»»