P135B raised from new 10-year bond
THE GOVERNMENT raised an initial P135 billion from the offering of its new 10-year fixed-rate Treasury notes it auctioned off on Tuesday under a new issuance format targeting institutional investors.
Cash remittances rise 2.7% in Feb.
MONEY SENT HOME by migrant Filipinos rose by 2.7% year on year in February, the slowest in nine months, data from the Bangko Sentral...
Meralco franchise renewed for 25 years
POWER distributor Manila Electric Co. (Meralco) has committed to delivering “stable, reliable, and affordable electricity” to its customers after its franchise was extended for another 25 years.
PHL growth may fall below 6% due to US tariffs — AMRO
THE Philippines is poised to become the second-fastest growing economy in the region this year, but the US tariff policy may drive gross domestic...
Tariffs drag Asia growth outlook to weakest since COVID
US President Donald Trump’s global tariffs would cut Asia’s economic growth to the weakest since the COVID-19 pandemic, according to a regional research group.
If...
Vehicle sales jump 7.6% in March
PHILIPPINE automotive sales grew by 7.6% in March as steady commercial vehicle sales offset a double-digit slump in sales of passenger cars, an industry...
Balisacan hopeful of 6% growth in Q1
NATIONAL Economic and Development Authority Secretary Arsenio M. Balisacan is hopeful the economy grew by at least 6% in the first quarter, as rate...
Philippines, France to hold JEC meeting in September
THE Philippines and France are scheduled to hold a Joint Economic Committee (JEC) meeting in September, according to an official of the Department of Trade and Industry (DTI).
PSEi could end as high as 7,800 amid global uncertainties
THE Philippine Stock Exchange index (PSEi) could still settle as high as the 7,800 level by yearend, although global economic uncertainties may affect this outlook, analysts said.
Philippines less vulnerable to global trade shocks – Balisacan
MANILA - The Philippines’ relatively low exposure to trade compared to its Asian neighbours offers a buffer against global economic shocks, National Economic and...
More rate cuts expected in 2nd half
THE Bangko Sentral ng Pilipinas (BSP) is back on its easing track, analysts said, with rate cuts seen in the second half of the...
PHL may grow below 6% amid flip-flopping US tariff policy
ANALYSTS have lowered their gross domestic product (GDP) growth forecast for the Philippines this year, amid the US government’s flip-flopping trade policies.
In a recent...
