International news
News from wire services and other publishers.
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DOLE, DPWH post lowest NCA utilization rates
Several national government agencies had yet to fully utilize their cash allocations as of end-August, with the Department of Labor and Employment (DOLE) and the Department of Public Works and Highways (DPWH) posting…
Philippines home prices post slowest growth in 7 years
Residential property price growth nearly stalled in the second quarter, posting its weakest annual increase since the Bangko Sentral ng Pilipinas (BSP) began the current data series in 2019 as falling prices outside…
Let the science speak
Established under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, the fuel marking program serves as the country’s frontline defense against the entry of smuggled fuel by introducing microscopic chemical…
PAL to launch direct flights to India in December
Flag carrier Philippine Airlines (PAL) is strengthening links between the Philippines and India, with plans to launch nonstop services from Manila to Delhi and Mumbai in December.
SwiftPay adds Billease installment option
Payment platform SwiftPay has integrated Billease installment payments into its online checkout, giving eligible customers the option to pay for purchases over six, nine, 12, 18 or 24 months.
Al-Amanah Bank to finance LGU projects next year
Al-Amanah Islamic Investment Bank of the Philippines will begin financing local government units (LGUs) next year to address underfunding and support infrastructure deficits and basic public services.
Philippines rice imports may climb to 5.7 million metric tons next year – USDA
The Philippines may import up to 5.7 million metric tons (MT) of rice in 2027 to secure adequate stocks amid the potential decline in production due to El Niño.
FPH ready to buy back more shares
First Philippine Holdings Corp. (FPH) of the Lopez Group is ready to buy back more shares to boost its stock price, which the company believes is currently undervalued.
Financial resilience
A career professional narrated his financial life story. He said he spent his 30s earning well and his 40s discovering that earning well and building well are two entirely different skills.
Semirara coal auction restarts next month
The auction for the country’s largest coal mine on Semirara Island in Antique is set to be relaunched next month as the Department of Energy (DOE) moves to finalize recalibrated bidding rules.