Nation
Philippine Airlines and Cebu Pacific have canceled or diverted multiple flights to and from the Middle East after the US-Israel strikes on Iran shut down airspace across the region. Two PAL planes that had already departed Manila — PR654 bound for Riyadh and PR658 bound for Dubai — were ordered to turn
Economy
The Philippines kicked off 2026 with a wider trade deficit as imports continued to outpace exports. The balance of trade in goods hit a $4.048-billion deficit in January, wider than December's $3.993 billion gap — though still narrower than the $4.926-billion deficit recorded in January 2025.
Economy
The Philippine Ports Authority has shattered its own financial records, posting ₱30.09 billion in revenue for 2025 — the highest in the agency's history and an 8.86 percent increase from its 2024 earnings, based on its unaudited financial report. The stellar performance allowed the PPA's
Economy
Executive Secretary Ralph Recto made a bold claim to an audience of international business leaders on Thursday: the Philippines is just $26 away from being classified as an upper middle-income country. The nation recorded a gross national income (GNI) per capita of $4,470 in 2024 — just shy of the
Economy
Taiwanese tourist arrivals to the Philippines grew 6.32% in 2025, reaching 213,928 visitors compared to 201,203 in 2024. The Bureau of Immigration data confirms that the Philippines' tourism recovery from Taiwan continues to build momentum, with the country ranking ninth among Taiwan's outbound destinations.
Economy
The Philippines kicked off 2026 with a wider trade deficit, as the gap between what the country buys and sells to the world grew to $4.048 billion in January. That's up from December's $3.993 billion deficit, though still narrower than the $4.926 billion
Economy
The Philippine Ports Authority just had its best year ever — posting a record ₱30.09 billion in revenue for 2025, an 8.86% jump from the previous year's ₱27.64 billion. The agency's unaudited financials show a steady upward trajectory that's been building since
Economy
Your weekly fuel budget is about to take another hit. The Department of Energy announced Friday that pump prices are expected to increase across the board next week, with gasoline leading the way at a projected ₱1.10 per liter hike. Diesel is expected to rise by around ₱0.50
Economy
A Spanish renewable energy developer just planted its flag in the Philippines. Diverxia, the clean energy arm of Valencia-based Grupo Alonso, has opened operational headquarters in Makati City after a year of regulatory analysis and technical assessments — and they're here to build utility-scale solar farms. The move is
Economy
Marks & Spencer just dropped a clarification that confused shoppers probably didn't expect: the British retail giant says it is NOT leaving the Philippines, even though its local partner SSI Group just announced it's shutting down all M&S operations by May 2. The London-based
Economy
Philippine-listed miner Nickel Asia Corporation just posted one of the best years in its history — tripling its net income to ₱6.27 billion in 2025, up a staggering 312% from ₱1.52 billion the previous year. EBITDA also jumped 56% to ₱13.75 billion. The massive profit surge was driven
Economy
If you're a Pag-IBIG member wondering if your money is being managed well, here's some good news: the fund's investment income jumped nearly 50% to ₱9.43 billion in 2025. Total assets climbed to a record ₱1.23 trillion, with its gross investment portfolio