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The government is intensifying its efforts to sustain sound fiscal management, Budget Secretary Amenah Pangandaman said on Friday, following the reported 5.7-percent reduction in the country’s budget deficit in 2024. Pangandaman made the statement after the Bureau of the Treasury (BTr) announced that the budget deficit declined to P1.506 trillion, a 0.38-percent reduction, as revenue growth outpaced government spending. According …

The Philippine Amusement and Gaming Corporation (PAGCOR) today welcomed the country’s exit from the Financial Action Task Force grey list and vowed to continuously strengthen regulations and strict monitoring of the local gaming industry.  PAGCOR Chairman and CEO Alejandro H. Tengco said the exit from the list is a very significant development that should help bring in more foreign investments …

The Philippine economy is poised to expand beyond 6 percent this year, with inflation expected to remain within target, according to forecasts from an investment management firm and a UK-based bank. During a briefing in Makati City on Friday, Sun Life Investment Management and Trust Corp. Chief Investment Officer Ritchie Teo projected a 6.2 percent growth rate for the Philippine …

The Philippines’ total external trade in goods grew by 9.1 percent in January, reaching USD17.82 billion from USD16.32 billion in the same period last year, according to the Philippine Statistics Authority (PSA). Latest data released on Friday showed that imports accounted for 64.3 percent of the total trade value, while exports made up 35.7 percent. Export sales climbed by 6.3 …

The national government’s total revenue collection reached P4.419 trillion in 2024, surpassing the P4.27 trillion target, according to the Bureau of the Treasury (BTr). In a report released Thursday, the BTr noted that revenue collection last year amounted to 16.72 percent of the country’s gross domestic product (GDP), marking the highest revenue effort since 1997. The increase was largely attributed …

A recent win at Casino Plus has left players in awe as a lucky gambler secured the ₱99,999,999.99 Grand Jackpot on Jin Ji Bao Xi Gold with a ₱88 bet. Casino Plus Paid Out the Largest Jackpot Amount in 2024, further proving its commitment to rewarding its users. This jackpot is enough to finance the purchase of a brand-new car …

Celebrating Progress, Partnership, and Future Growth Castrol and North Trend Marketing Corporation successfully concluded NATCON 2025: Always Forward with Castrol on January 25, 2025, at the Hilton Manila. The annual national convention brought together business partners, industry leaders, and stakeholders to celebrate achievements, strengthen partnerships, and share insights for the road ahead. Welcoming the Year with Progress and Innovation The …

SM Development Corporation (SMDC) is taking significant steps to support the preservation and accessibility of cultural heritage, demonstrating its commitment beyond real estate. This vision is embodied in its landmark ₱100 million commitment over the next three years to support the preservation and enhancement of the National Museum. A significant part of this investment will fund structural improvements and conservation …

Mindanao Container Terminal (MCT), International Container Terminal Services Inc.’s (ICTSI) business unit at the Port of Cagayan de Oro in the Philippines, recently started operating exclusively on solar power during daylight hours. MCT started sourcing solar power on 14 February under a retail supply contract with PrimeRES Energy Corporation within the Philippine energy department’s Retail Competition and Open Access (RCOA) …

BingoPlus, your comprehensive digital gaming platform in the country, introduced this year’s aspiring Miss Universe Philippines. Around 69 beautiful and confident beauty queens were revealed at a hotel in Makati on February 15, 2025. Stunning delegates from all over the Philippines graced the stage and proudly stated their provinces and cities, garnering cheers from the audience. As the co-presenter of …