Asialink gets $115-M working capital boost backed by ADB to support SMEs

THE Asian Development Bank (ADB) said it signed an agreement with Asialink Finance Corp. to help provide $115 million in working capital to support...

Dollar reserves slip 2% at end-Nov.

THE PHILIPPINES’ gross international reserves (GIR) dipped at the end of November as the government settled some of its foreign currency-denominated debt, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Central bank likely to continue easing despite inflation uptick, say analysts

THE BANGKO SENTRAL ng Pilipinas (BSP) will likely continue its rate-cutting cycle despite the slight uptick in November inflation, analysts said. However, risks such as...

Big banks post double-digit growth in loans, assets in Q3

THE COMBINED ASSETS and loans of the Philippines’ biggest banks rose by double digits in the third quarter, amid increased economic activity. The latest edition...

Investment banks eye 2025 income boom as Trump drives deal rebound

LONDON — President-elect Donald J. Trump’s return to the White House is seen fueling a dealmaking revival that could bolster investment banking income to...

US jobs data, Fed view to drive peso-dollar trading this week

THE PESO could move sideways against the dollar this week as the market reacts to key US labor data released on Friday that boosted...

Stocks may extend climb on BSP rate cut hopes

PHILIPPINE STOCKS could climb further this week on hopes of further monetary easing by the Bangko Sentral ng Pilipinas (BSP) as the November inflation...

Japan trade agreement overdue for review, trade department says

THE Department of Trade and Industry (DTI) said that the Japan-Philippines Economic Partnership Agreement (JPEPA) should be reviewed to account for developments in digital...

‘Significant progress’ in Philippine road to nuclear energy

THE PHILIPPINES has made significant progress in its pursuit of nuclear energy, though further work is needed on its strategy, according to an assessment...

PHL seeks $1-B World Bank loan for resilient agri

THE PHILIPPINES is seeking a $1-billion World Bank loan to boost agrifood productivity and resiliency in the face of challenges posed by climate change. The...

GOCC subsidies increase 30.4% in October

SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) rose 30.24% year on year in October, the Bureau of the Treasury (BTr) said. The Treasury said...

Inflation quickens to 2.5% in November

HEADLINE INFLATION quickened in November, as prices of vegetables, meat and fish rose due to a series of typhoons, the Philippine Statistics Authority (PSA) said on Thursday.