Tag: Philippine Economy

Overseas Filipinos’ Remittances Grow by 3.2% in July 2024, Total Reaches $3.43 Billion

Remittances from Overseas Filipinos (OFs) increased by 3.2% in July 2024, reaching $3.43 billion, up from $3.32 billion in July 2023. The growth in...

Rice Prices Stay High Despite Tariff Cuts, Experts Warn of Continuing Hikes

DAGUPAN CITY - The price of local and imported rice in the market across the country has remained high despite the tariff reductions implemented...

Salceda Urges Focus on Corn Prices as Inflation Eases in August

Albay 2nd District Representative Joey Salceda has called on the economic managers of the Marcos Jr. administration to prioritize stabilizing the price of corn,...

12 Onion Traders Accused of Involvement in Cartel Linked to 2022 Onion Crisis – PCC

The Philippine Competition Commission (PCC) has filed complaints against 12 traders and importers allegedly involved in cartel-like activities related to the 2022 onion crisis. According...

Ph Debt Surpasses P15 Trillion Amidst Rising Government Spending

The Philippines' sovereign debt reached a new record high of P15.689 trillion as of July 30, 2024, according to data released by the Bureau...

Moody’s Maintains Philippines’ Investment-Grade Credit Rating

Moody’s Investors Service has upheld the Philippines' investment-grade credit rating at “Baa2” with a “stable” outlook, citing key economic reforms, fiscal consolidation efforts, and...

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Boy dies from rabies, a month after being scratched by a dog

A 10-year-old child died tragically on November 17, 2024,...

2 more typhoons will hit the Philippines in December

AFTER 16 typhoons this year, the State Weather Bureau...

1-2 Typhoons Expected in December; Northeast Monsoon Returns After Series of Storms

The Philippines may experience one or two typhoons in...

Two Minors Dead, One Critical in Motorcycle-SUV Collision in Isabela

Two minors lost their lives, and one remains in...

Philippines considered the “perfect” location for NBA 2K competitions

NATIONAL Basketball Association (NBA) 2K League head of branded...