UK, Philippines close to signing P375-billion export finance deal
THE PHILIPPINES and the UK are expected to sign an export finance agreement within three months, the British ambassador said, involving an allocation for the Philippines of about 5 billion pounds (P375 billion).
Franchise industry sees growth slowing this year
THE franchising industry is expected to post more modest growth of about 8% this year, the Philippine Franchise Association (PFA) said.
“I think (growth will...
Condo oversupply a sign of policy disconnect as affordable housing backlog widens
PHILIPPINE HOUSING policy is likely to be encouraging the wrong activities, judging by the condominium oversupply, which is taking place simultaneously with a backlog...
YouTube Shopping launches in Philippines
YOUTUBE and Shopee launched YouTube Shopping in the Philippines on Thursday, making it the sixth Southeast Asian market where the feature has been made...
ADB 2024 Philippine package tops $6 billion
THE PHILIPPINES received $6.02 billion in financial assistance from the Asian Development Bank (ADB) in 2024, the second-biggest recipient among the bank’s partner countries...
PHL shares extend climb as sentiment improves
PHILIPPINE SHARES continued to climb on Wednesday, backed by Wall Street’s rebound overnight on easing trade war concerns and after US President Donald J....
IMF slashes PHL growth forecasts
THE INTERNATIONAL Monetary Fund (IMF) slashed its gross domestic product (GDP) growth projections for the Philippines from this year to the next, reflecting heightened global uncertainty arising from US tariff policy.
Philippines has room to negotiate much lower tariffs with US — BMI
THE PHILIPPINES has room to negotiate with the US to lower its reciprocal tariffs, Fitch Solutions’ unit BMI said, but added that trade tensions...
NCR economic output jumped by 5.6% in 2024 — PSA
THE NATIONAL Capital Region’s (NCR) economic output expanded by 5.6% in 2024, the fastest pace in two years, the Philippine Statistics Authority (PSA) said...
PHL should find right technology to meet rising power demand, experts say
SECURING reliable and efficient power supply for the Philippines means finding the right technologies suited to the country’s demand, energy experts said.
“I think we...
Stocks inch up in cautious trade on Trump jitters
PHILIPPINE STOCKS managed to close higher on Tuesday even as the market mostly moved sideways due to lingering jitters caused by the Trump administration’s...
Peso weakens as yuan fix hits Asia currencies
THE PESO weakened anew on Tuesday, joining the Chinese yuan and other Asian currencies that weakened against the dollar.
The local unit closed at P56.68...
