Peso jumps to 7-week high on rate cut bets
THE PESO soared to a seven-week high against the dollar on Thursday as faster-than-expected January inflation strengthened expectations of a final rate cut by...
PHL shares move sideways as inflation picks up
PHILIPPINE SHARES moved sideways on Thursday as investors were cautious following the release of data showing that inflation picked up to a near one-month...
Interest rate swap volumes surge in Philippines, Remolona says
Interest-rate swap transactions in the Philippines have jumped more than 60-fold since the launch of a peso IRS facility in late 2024, the nation’s...
Inflation heats up to near one-year high in January
By Katherine K. Chan, Reporter
Philippine inflation accelerated to its fastest pace in nearly a year in January amid a faster increase in rental rates...
S&P: PHL on track for rating upgrade
THE PHILIPPINES remains on track for a possible credit rating upgrade as improving fiscal and external balances outweigh risks from the government’s flood control...
Japan, Philippines seal P8.18-B MRT-3 rehab loan
MANILA AND TOKYO on Wednesday signed an P8.18-billion loan agreement to rehabilitate the Metro Rail Transit Line 3 (MRT-3), as the heavily used rail line continues to face technical and operational disruptions.
ASE eyes 26,000-sqm expansion in Philippines
OUTSOURCED semiconductor assembly and test firm ASE Co., Ltd. is planning a 26,000-square-meter (sqm) expansion in the Philippines, the Philippine Economic Zone Authority (PEZA) said on Wednesday, underscoring continued investor interest in the country’s electronics and semiconductor sector.
Philippine garment makers find they can’t quit the US just yet
WHEN US PRESIDENT Donald J. Trump set a 19% tariff on exports from the Philippines last July, its key body representing foreign buyers of...
Peso drops on heightened US-Iran tensions
THE PESO weakened against the dollar on Wednesday on geopolitical concerns amid heightened tensions between the United States and Iran.
The local unit dropped by...
Main index drops as market awaits inflation data
THE MAIN INDEX ended lower on Wednesday as investors locked in gains before the release of inflation data and as worries over the Philippine...
Debt hits record P17.71 trillion in 2025
By Aubrey Rose A. Inosante, Reporter
THE PHILIPPINES’ outstanding debt climbed to a record P17.708 trillion at the end of 2025, exceeding the government’s projection...
PHL at risk of ‘dirty money’ list return amid corruption mess
By Katherine K. Chan, Reporter
DUMAGUETE CITY — The Philippines is working to tighten its safeguards to ensure it stays off a global financial crime...