THE NATIONAL GOVERNMENT’S (NG) budget deficit ballooned to P171.4 billion in February despite double-digit revenue growth, the Bureau of the Treasury (BTr) reported on Wednesday.

That the quality of lawmakers has deteriorated over decades has been the topic of discussions ad nauseam, with one social media post, for example, noting that the first Senate in 1916 included a ...

THE Department of Energy (DoE) said it expects sufficient power supply during the warm and dry season, when electricity demand peaks, as two gas-fired power plants in Batangas are set to generate a ...

East West Banking Corp. will hold its virtual Annual Stockholders’ Meeting on April 24.

AYALA CORP. has signed an agreement to sell 50% of its stake in AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for at least P18.4 billion, a transaction that could increase the valuation ...

THE Securities and Exchange Commission (SEC) has eased the single business group (SBG) investment limit for equity funds, balanced funds, and multi-asset funds exposed to equity securities, following ...

IPPUDO in Uptown Mall, Bonifacio Global City (BGC), has gone through a makeover and has been rebranded as Ippudo Ramen Bar. In addition to the renovation, they’ve added quite a few things to the menu, ...

PHILIPPINE BUSINESSES must ramp up their investments in identity verification technology as fraud schemes involving deepfakes become more prevalent, according to biometric solutions company iProov.

THE Philippine Economic Zone Authority (PEZA) has approved P6 billion worth of investment pledges in March, bringing the first-quarter approvals to P58.947 billion. In a statement on Wednesday, the ...

From its sleek headquarters on the shores of Lake Geneva, the World Trade Organization (WTO) hopes to quietly ride out the ...

FACTORY ACTIVITY in the Philippines unexpectedly contracted for the first time in 19 months in March, as manufacturers cut output amid uncertainty surrounding US tariff policies. Read the full story.

THE BANGKO SENTRAL ng Pilipinas (BSP) is likely to cut benchmark interest rates by 25 basis points (bps) at its meeting next week amid a stable peso and slowing inflation, Fitch Solutions’ unit BMI ...