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THE P5.31-billion unsolicited proposal of US-based investment company Cerberus Asia Pacific Investments, LLC (Cerberus) to manage, operate, and upgrade Subic Bay International Airport (SBIA) is now being reviewed by the Subic Bay Metropolitan Authority (SBMA) after the go signal from the Public-Private Partnership (PPP) Center.

It may be too soon for the Philippine central bank to pause from raising interest rates at its next policy meeting in May, Bangko...

THE COUNTRY’s external position remained in surplus in February to mark the fourth straight month of net dollar inflows, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

PRESIDENT Ferdinand R. Marcos, Jr. on Monday announced a total ban on all offshore gaming operations in the Philippines, saying these have been linked to illegal activities including money laundering and financial scams.

QUEZON CITY, Philippines - Record heat in the Philippines this month has forced schools to send children home for online classes, reviving memories of...

HEAVY RELIANCE on imported fossil fuels, high financing costs and uncompetitive market structures have contributed to make electricity prices in the Philippines among the highest in Southeast Asia, according to a report of a global research institute.

THE PHILIPPINES and Vietnam sealed several deals on Tuesday including one that will ensure steady supply of Vietnamese rice to its Southeast Asian neighbor,...

THE GOVERNMENT is expecting the economy to grow by at least 7.4% under a “no-lockdown” scenario in 2022, but unemployment and poverty rates will likely remain high, the Finance department said.

By Keisha B. Ta-asan, Reporter The Philippines’ headline inflation may have settled within the range of 4% to 4.8% in November, according to the Bangko...

By Adam J. Ang Consumers in Metro Manila will likely see an increase in their electricity bills in April with a typical households set to...

THE NATIONAL Economic and Development Authority (NEDA) Board chaired by President Rodrigo R. Duterte gave the go signal for eight new infrastructure projects, including...

THE government will boost spending this year including on infrastructure and social programs to shield the economy from the effects of the coronavirus disease 2019 (COVID-19) pandemic, softer global demand, and the Taal Volcano eruption at the start of the year, according to the Budget department.