The fiscal gap of the Philippines widened last month (March) as spending growth outpaced revenue gains Stronger cumulative collections, however, contributed to a slimmed deficit in the first quarter of the year. In a statement on Thursday, the Bureau of the Treasury said the budget deficit in March rose 2% to P349.7 billion from a year earlier, driven by faster …

Globe Telecom Inc. has disclosed to the Philippine Stock Exchange that  it has purchased $426.42 million of securities from the total $600 million issued in 2021. “An aggregate principal amount of $173.58 million of the securities would remain outstanding,” Globe said. Globe priced the offer at $1,000 per $1,000 principal amount of securities and will also pay sellers an accrued …

PLDT Inc. will use one of the most advanced agentic artificial intelligence (AI) to expedite information exchange with enterprises. PLDT said it will partner with New York-based innovator UiPath in deploying conversational agent KAI, short for Knowledge, Automation, Intelligence. The new facility is viewed in the AI industry as one of the most advanced agentic solutions right now. KAI will …

There are so many car workshops sprouting left and right these days, but one should be aware which one can be trusted upon when you need mechanical works for your prized possession, especially when they are no longer under the warranty of the manufacturer. ​There is this Master Garage which is fast becoming a popular car workshop in town after it developed …

After that successful display of all its existing products in the market at the Manila International Auto Show 2026 All-Inclusive Sales had just proven that their strong lineup of trusted automotive aftermarket brands and product solutions for the Philippine market are still very popular to their customers. A broader and more dynamic brands featuring Bendix, KYB, Hardex, Bluechem, Delphi, Peak, and now NKN as part of its featured showcase, has …

There is no doubt ​GW2 Trading Corporation’s exciting products that were paraded to the delight of the customers titillated many who took closer look at those aftermarket items in the recent MIAS 2026. ​The company is very popular to those big-time car owners who love to dress up their prized possessions to the hilt with no worries on the prices as long as they are of quality and tested rigidly. “GW2 Trading Corporation was established in …

Denza Philippines lighted up the night skyline when it launched the all-new B5 and B8 under the “Adventure Electrified” campaign as they entered the competitive SUV segment in the country last week at the Aseana Concert Ground in Paranaque City. The Denza B5 and the B8 Both are designed to deliver a strong combination of electrified efficiency, everyday practicality, and real all-terrain capability for Filipino cusomers seeking more refined yet versatile …

The Philippine government has welcomed the inclusion of peso-denominated government bonds in a major global benchmark, a move officials say underscores growing investor confidence in the country’s economic fundamentals. In a joint statement, the Department of Finance (DOF), Bureau of the Treasury (BTr), and Bangko Sentral ng Pilipinas confirmed that J.P. Morgan will add Philippine government bonds to its Government …

The Bangko Sentral ng Pilipinas on Thursday raised its key policy rate by 25 basis points to 4.5 percent, citing worsening inflation pressures driven by rising global oil prices linked to the Middle East conflict. In its latest move, the Monetary Board also adjusted the overnight lending and deposit facility rates to 5 percent and 4 percent, respectively. It was …

The Philippines secured over $6 billion in financing and co-financing support from the Asian Development Bank last year, underscoring continued multilateral backing for key infrastructure, social protection, and resilience programs. According to the ADB’s Annual Report 2025 released Thursday, the country received $4.1 billion in loans and grants from the Manila-based lender, alongside $2.6 billion in co-financing arrangements. Major allocations …