Ted Cordero

PlayTime Group is setting its sights on long-term diversification as it eyes its newly formed entertainment business taking over bulk of its revenues from its core online gaming business.

The Philippine peso depreciated against the US dollar on Thursday, albeit still within the P60-to-one dollar level, amid anticipation of a softer second quarter economic performance.

End-user electricity rates in the Philippines stand among the highest in the Association of Southeast Asian Nations (ASEAN) and the broader

Transportation Secretary Giovanni “Banoy” Lopez on Thursday announced that the fare hike suspension approved in March remains.

The Department of Information and Communications Technology (DICT) will request about P18 billion in funding under the proposed P7.2-trillion national budget for 2027.

Budget carrier Cebu Pacific swung to a net loss in the first half of 2026 amid higher foreign exchange costs due to global fuel price volatility amid the Middle East crisis.

The Philippine economy continued to slowdown in the second quarter of 2026, the Philippine Statistics Authority (PSA) reported on Friday.

The Philippines concluded the first half of 2026 with a debt burden ballooning to its highest level in more than 30 years amid a record-high sovereign debt coupled with a weaker economic growth during the period.

The Philippines' gross international reserves (GIR) declined in July due to the central bank's foreign exchange operations to stabilize the peso and the national government's foreign currency withdrawals to settle external debt.

The Philippine peso continued its downtrend for the second straight day on Friday, but remained within the P60-to-one dollar level, weighed by the weak economic growth data for the second quarter of 2026.