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Philippines
Friday, June 6, 2025

Darwin G. Amojelar

PH inflation drops to 1.3% in May, lowest since Nov 2019

The country’s inflation dropped below 2% in May, the lowest rate since November 2019, the Philippine Statistics Authority (PSA) said Thursday. According to the PSA,...

DOTr wants to fast-track Dalian trains safety testing

Transportation Secretary Vince Dizon wants MRT-3 maintenance provider Sumitomo Corp. to fast-track the testing of unused Dalian light rail vehicles (LRVs) to expand the...

Grab PH rolls out fully-electric on demand taxi fleet in Metro Manila

Grab Philippines has rolled out the country’s first fully electric, on-demand taxi fleet in key cities in Metro Manila and plans to expand this...

PPA says all ports ‘resilient,’ prepared for rainy season

The Philippine Ports Authority (PPA) on Thursday said is ports nationwide are resilient and prepared for the rainy season. “All PPA-managed ports were designed and...

MRT3 to install free Wi-Fi, cashless payments

The management of the Metro Rail Transit (MRT) Line 3 is working to install free Wi-Fi at all stations in preparation for the cashless...

GCash boosts cashless payments with ‘Tap to Pay’

Mobile wallet GCash and Singapore-based fintech firm Open Fabric rolled out Tap to Pay—a new contactless payment system that offers customers convenient, quick and...

Strong peso tempered increase in gov’t debt to P16.75t in April

The Philippines government’s outstanding debt reached P16.75 trillion as of end-April 2025, a modest 0.41-percent (P68.69 billion) increase from the previous month, attributed to...

Mynt cuts GCash shares par value ahead of listing

Globe Fintech Innovations (Mynt), the operator of mobile wallet GCash, has approved a reduction in the par value of its shares ahead of a...

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