Friday, September 12, 2025

Business News

Marcos signs law allowing 99-year land lease to foreign investors 

PRESIDENT Ferdinand Marcos Jr. has signed into law Republic Act No. 12252, or the Investor's Lease Act, which would now allow foreign investors to...

PH Aug dollar reserves grow to $105.9B

The Philippines' gross international reserves (GIR) grew slightly to $105.9 billion in August from $105.7 billion in July, the Bangko Sentral ng Pilipinas (BSP)...

Aug inflation picks up to 1.5% from 0.9% in July

Inflation picked up pace to 1.5 percent in August from July's 0.9 percent, the Philippine Statistics Authority (PSA) said on Friday. The new rate, however,...

DPWH TO FILE CHARGES VS ENGINEERS, CONTRACTOR IN BULACAN ‘GHOST’ PROJECT

The Department of Public Works and Highways (DPWH) will file criminal charges against several district engineers and contractor Wawao Builders after uncovering a P96.5-million...

DTI to name firms with revoked PCAB licenses

The Department of Trade and Industry (DTI) said it will release a full list of contractors who may face license revocation, pending submission of...
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