THE NATIONAL Government’s (NG) outstanding debt is projected to balloon to a record P19.06 trillion by the end of 2026, a Department of Budget and Management (DBM) document showed on Wednesday.

THE DEPARTMENT of Budget and Management (DBM) proposed double-digit increases for the Education, Health and Transportation departments under the 2026 national budget, but reduced the allocation for ...

PHILIPPINE RICE IMPORTS are projected to decline by 500,000 metric tons (MT) this year compared to initial projections due to the two-month import ban set to take effect in September, according to the ...

THE ASIAN Development Bank (ADB) has greenlit a $400-million loan to expand the Philippine government’s food stamp program aimed at reducing involuntary hunger among low-income households. In a ...

AYALA CORP. reported a 17% increase in second-quarter (Q2) attributable net income to P10.76 billion from P9.21 billion a year ago, supported by higher contributions from its banking and real estate ...

YUCHENGCO-LED holding company House of Investments, Inc. (HI) has allocated P22 billion in capital expenditures (capex) for 2025 and 2026 to fund expansion across its education, energy, and property ...

RAZON-LED integrated resort developer and operator Bloomberry Resorts Corp. reported a net loss of P1.4 billion for the second quarter (Q2), reversing a P1.3-billion net profit a year earlier. Gross ...

LISTED Cebu Landmasters, Inc. (CLI) said it will launch 12 projects worth P29 billion in the second half of the year. The planned projects consist of residential, mixed-use, and hotel properties in ...

LISTED food and beverage manufacturer Century Pacific Food, Inc. (CNPF) reported a 4% increase in second-quarter (Q2) net income to P1.99 billion from P1.91 billion a year earlier, driven by stronger ...

MANILA ELECTRIC CO. (Meralco) said it spent P1.9 billion in the second quarter to increase capacity by 450 megavolt-amperes (MVA) and upgrade substations and transmission lines in Metro Manila, Laguna ...

LISTED aviation-support provider MacroAsia Corp. saw its attributable net income fall by 15.26% to P365.78 million for the second quarter (Q2), as higher expenses and lower revenues weighed on its ...