DoF presses Congress to approve ProGRESS bill
“We are working closely with Congress for its immediate passage as this is very important because we need to increase the disposable income of our working class given the current situation that we are in,” Finance Undersecretary Karlo Fermin S. Adriano told reporters late on Wednesday, pointing to high inflation.
Frictionless banking to help PHL meet digital payments goal
Digital payments made up 64.7% of the Philippines’ total monthly retail transaction volume in 2025 from 57.4% in 2024, based on the Bangko Sentral ng Pilipinas’ (BSP) latest Report on E-Payments Measurement.
Fertilizer orders delayed as weak peso raises import prices, busting procurement budgets
At a briefing, Assistant Secretary Arnel B. de Mesa said: “Our fertilizer procurement is either deferred or rescheduled because the previous approved budget for the contract got changed due to the cost of fertilizer. What was once P1,500 is now P2,800 or P2,900.”
‘Amended rules to bolster integrity of rating agencies’
The Securities and Exchange Commission (SEC) has released the revised regulatory framework governing credit rating agencies (CRAs), which it said was designed to strengthen the integrity of the credit rating process by focusing on governance, transparency and analyst competence and independence.
BOI needs another ₱100B for ’26 target
The Board of Investments (BOI) has approved P900.06 billion in investments as of September, leaving it about P100 billion short of its P1-trillion full-year target with three months remaining in 2026.
Leasing program to ease classroom shortage
In a statement released yesterday, Education Secretary Sonny Angara said DepEd is expanding its infrastructure strategy to include the leasing of available, compliant private school facilities and properties as a solution to urban classroom congestion.
The NLEX-C5 Northlink Segment 8.2 Section 1A in Valenzuela City is seen to reduce travel time along the route from 40 to five minutes. The newly opened section allows motorists from Quirino Highway to directly access the NLEX Connector in Valenzuela for trips to Manila, the University Belt and nearby cities.
AI chip boom opens new market for PHL industrial property
The country’s expanding electronics supply chain could generate demand for industrial spaces that meet the technical requirements of semiconductor and electronics manufacturers, including cleanroom-ready facilities and reliable power supply.
DTI: Prices of 190 basic goods to stay unchanged until yearend
Fresh vegetables, fruits and other agricultural commodities not included in the DTI bulletin may continue to experience price fluctuations depending on supply, weather conditions and transportation costs.
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