The national government’s total outstanding debt continued its slight decline, settling at ₱17.46 trillion as of end-September 2025, down from ₱17.47 trillion in August, according to the Bureau of the Treasury (BTr). In a statement Thursday, the BTr said the marginal decrease reflected the government’s “sound fiscal discipline, strategic borrowing strategy, and proactive liability management,” supported by stable market conditions …

The Bangko Sentral ng Pilipinas (BSP) expects inflation in October to settle between 1.4 percent and 2.2 percent, driven by higher prices of rice, fish, vegetables, electricity, and the peso’s depreciation. In a statement Thursday, the BSP said these upward pressures may be partly offset by lower prices of oil, meat, and fruits. “Going forward, the BSP will continue to …

The Manila-based Asian Development Bank (ADB) has expressed renewed commitment to support the Philippines’ energy-sector initiatives as the country seeks to meet growing demand and position itself as a regional energy player. In an interview on the sidelines of the Singapore International Energy Week (SIEW) on Wednesday, ADB Senior Director for Energy Priyantha Wijayatunga said the bank is looking to …

Among VinFast’s broad lineup in the Philippines are two entry-level electric compact SUVs, the VF 3 and the VF 5 that bring real benefits in comfort, cost, warranty, and usability The VF 3, often nicknamed the “tiny titan,” targets city drivers who want something small, stylish, and expressive. It measures 3,190 mm long, 1,679 mm wide, and 1,652 mm tall, …

United Asia Automotive Group Inc. (UAAGI) charged into the future of mobility with the “UAAGI On The Move” Roadshow Tour at the 13th Philippine Electric Vehicle Summit (PEVS) which showcased new energy vehicles reaffirming its  unwavering commitment to provide Filipinos with the latest innovations in sustainable mobility, offering a smart, powerful, efficient, and eco-conscious option for every lifestyle. UAAGI offered …

The “Tesla Shop,” Tesla’s much-anticipated online store, is now in the Philippines and it offers an extensive and curated selection of exclusive Tesla merchandise, including vehicle accessories, charging accessories, apparels and lifestyle items. Similar to the way customers can order Tesla vehicles anytime and anywhere through the official Tesla website, the Tesla Shop embodies the same commitment to accessibility and …

Red Diwa, who just raced internationally this year, secured his second Cup Class victory in the 2025 TCR Asia Series at Inje Speedium in South Korea which was held alongside the FIA TCR World Tour that has a combined grid of 24 cars which included some of the world’s top touring car drivers. With one round to go, Red, supported …

Prestone reminded the motorists that a safe journey begins with preparation, because road horror stories can creep up on you when you least expect them, especially this Undas or All Saints’ Day/All Souls’ Day which is a time for families to come together, honor loved ones and reconnect with their roots. As thousands of Filipinos prepare to travel to the …

Asia’s foremost luxury marque Hongqi welcomed actress and former Binibining Pilipinas International queen Alice Dixson as its newest ambassador. With over 30 years in the entertainment industry, Alice Dixson’s timelessness and aura encapsulates Hongqi’s legacy of opulence. As one of Asia’s oldest luxury vehicle manufacturers, guided by the creative vision of Giles Taylor, former Design Director of Rolls-Royce, Hongqi’s modern …

The Swedish government has extended a 12 million Swedish krona (about ₱74 million) grant to support the feasibility study for the Luzon Economic Corridor’s (LEC) flagship Subic-Clark-Manila-Batangas (SCMB) railway project. The Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said the grant agreement between Sweden, through Swedfund International, and the Department of Transportation (DOTr) …