Tuesday, October 21, 2025

Business News

AMLC: Ongoing freeze orders immobilize P2.9B assets tied to flood control anomaly

The Anti-Money Laundering Council (AMLC) has secured a third freeze order from the Court of Appeals (CA) on Tuesday, bringing the total amount of...

Tiu Laurel: No DA staff linked to P75M Mindanao ‘ghost’ roads

Agriculture Secretary Francisco Tiu Laurel Jr. said on Tuesday initial findings of an ongoing investigation into “ghost” farm-to-market road projects in Mindanao have so...

Stocks extend slide on foreign-led pressure, weaker peso

Share prices fell for a seventh straight session on Tuesday as investors unloaded positions amid foreign selling pressure, a weaker peso and lingering political...

UPDATE: ADB trims PH 2026 growth forecast to 5.7%; keeps 2025 at 5.6%

The Asian Development Bank (ADB) has revised downward its Philippine 2026 economic growth outlook to 5.7 percent from an earlier projection of 5.8 percent. ADB's...

ADB trims PH 2026 growth forecast to 5.7%; keeps 2025 at 5.6%

The Asian Development Bank (ADB) sees the Philippine economy cruising along this year, keeping its 2025 growth outlook for the country steady at 5.6...
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