The Department of Trade and Industry encouraged shoppers to consider product safety and quality before purchasing items based solely on their lower prices.
The government expects stable prices for essential goods through December as it addresses rising inflation and the weakening Philippine peso against the US dollar.
The Bangko Sentral ng Pilipinas maintains policy tightness as November inflation eases to 4.1%, citing persisting risks while focusing on a sustained downtrend for stability.
The Philippine aerospace sector anticipates growth through the Comprehensive Economic Partnership Agreement with Abu Dhabi, boosting exports and collaborations.
The Philippines and the United Arab Emirates joined forces to build data centers with 500 megawatts capacity, boosting digital infrastructure and economic growth.
Debt watcher S&P Global reaffirms the Philippines’ ‘BBB+’ long-term and ‘A-2’ short-term sovereign credit ratings with a stable outlook, citing sustained economic recovery and a robust external position.