Gold’s relentless rally has reignited investor interest worldwide, propelling Philippine mining stocks to their strongest performance in over a decade.
Southeast Asian economies face a more transactional US trade posture under President Donald Trump’s second term, but opportunities abound for nations that move quickly and reduce friction for investors, Milken Institute senior fellow Curtis Chin told Security Bank clients last week.
The rise in transport costs—up 1.0 percent in September after a 0.3 percent decline in August—was the main driver of the uptick. The food and non-alcoholic beverages index also inched up to 1.0 percent from 0.9 percent a month earlier, while the rate of increase in the prices in restaurants and accommodation services rose to 2.4 percent from 2.3 percent.
The Gross Domestic Product (GDP) of the 16 highly urbanized cities (HUCs) and one municipality in the National Capital Region (NCR) grew in 2024 compared with their 2023 levels, according to the latest government data.
All 82 provinces and 33 Highly Urbanized Cities (HUCs) in the country registered economic growth in 2024 compared to 2023, the Philippine Statistics Authority said, citing results of the Provincial Product Accounts (PPA).
New Department of Public Works and Highways (DPWH) secretary Vince Dizon has asked the Department of Justice (DOJ) and Bureau of Immigration to issue a watchlist order on Sarah and Pacifico “Curly” Discaya and other construction, and DPWH executives flagged in the Senate flood control probe.