Philippines Secures ¥250 Billion Loan from Japan for Infrastructure Projects

MANILA, Philippines — The Philippine government and Japan have formalized an agreement for a substantial loan amounting to JPY250 billion (approximately PHP92.8 billion) intended to fund significant infrastructure developments, including the Dalton Pa...

Ilocos Norte Fishermen Thrive with Innovative Lambaklad Technology

PASUQUIN, ILOCOS NORTE—The introduction of lambaklad, a sustainable fish trap system, has significantly enhanced the livelihoods of the Dilavo Fishermen Association (DFA) members in Pasuquin, Ilocos Norte. According to Philippines News Agency, a se...

Philippine Stock Market Rises Amidst US Influence, Peso Weakened

MANILA, Philippines — The Philippine Stock Exchange index (PSEi) experienced a slight uptick on Wednesday, drawing positive momentum from the United States stock market performances, while the Philippine peso continued its depreciation against the US ...

PSEi Gains on Bargain Hunting, Peso Ends Sideways Amid Cautious Market

MANILA, Philippines — The local stock market experienced a rebound as bargain hunters stepped in, although the Philippine peso ended the day with minimal changes. This mixed financial landscape marked the beginning of the week's trading, reflecting a ...

Philippine President Signs Law to Boost Local Salt Industry

MANILA - President Ferdinand R. Marcos Jr. has enacted new legislation aimed at enhancing and modernizing the Philippine salt industry, in an effort to promote rural development and national self-sufficiency in salt production. According to Philippi...

Oil Prices Fall Amid Strong Dollar and Investor Profit-Taking

New York, NY - Oil prices witnessed a decline on Friday, influenced by the strength of the US dollar and investor actions geared towards profit-taking. The downturn came after reports indicated higher than anticipated consumer price inflation data, fu...

DOST Provides Growth Promoter to Boost Lanao del Norte Rice Production

LANAO DEL NORTE, Philippines — The Department of Science and Technology (DOST) has distributed a significant quantity of Carrageenan Plant Growth Promoter (CPGP) to assist rice farmers in Lanao del Norte, particularly those impacted by recent adverse ...

US Trade Mission’s Arrival Marks Success of President Marcos’s Investment Promotion...

Manila, Philippines - Lawmakers hailed the successful outcome of President Ferdinand R. Marcos Jr.'s international efforts to attract foreign investment, highlighted by the recent arrival of a high-level United States trade and investment mission in t...

PSEi Declines Amid US Market Trends, Philippine Peso Strengthens

MANILA, Philippines — The Philippine Stock Exchange index (PSEi) experienced a decline, dropping to the 6,800 level on Monday, influenced by negative trends in the US markets. In contrast, the Philippine peso ended the day stronger against the US doll...

US Trade Mission’s Arrival Marks Success of President Marcos’s Investment Promotion...

Manila, Philippines - Lawmakers hailed the successful outcome of President Ferdinand R. Marcos Jr.'s international efforts to attract foreign investment, highlighted by the recent arrival of a high-level United States trade and investment mission in t...

Philippines Increases Debt Payments to PHP1.60 Trillion in 2023

MANILA, Philippines - In a significant financial move, the Philippines ramped up its debt repayments in 2023, with the Bureau of Treasury revealing that the national government allocated PHP1.60 trillion towards settling its obligations. This figure m...

DTI Anticipates Stronger Business Ties with US Following Trade Mission

QUEZON CITY, Philippines - The Department of Trade and Industry (DTI) has announced its expectation for strengthened business partnerships between the Philippines and the United States, in anticipation of a high-level US trade and investment mission s...

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