Car sales may reach 503,000 in 2026, says CAMPI
CAR SALES are expected to breach 500,000 this year, driven by rising demand for electrified vehicles (EVs) and multi-purpose vans, according to the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI).
Peso falls on Trump’s Korea tariff threat
THE PESO dropped to the P59-per-dollar level again on Tuesday as US President Donald J. Trump threatened to impose higher tariffs on South Korea.
The...
Shares up on bargain hunting, Wall Street’s rise
THE MAIN STOCK benchmark rebounded on Tuesday and returned to the 6,300 level as investors picked up bargains following the market’s two-day slump, tracking...
ADB sees PHL returning to 6% growth by 2027
THE PHILIPPINE ECONOMY could return to around 6% growth by 2027 if public and private investments rebound, according to Asian Development Bank (ADB) Country...
Deadly Cebu landfill slide exposes gaps in waste oversight
WHEN A WALL of garbage gave way at Cebu City’s Binaliw landfill this month, killing dozens of workers, it revived memories of a disaster the Philippines had pledged never to repeat.
Spending slump likely dragged 2025 GDP growth to 4.7%
SLOW GOVERNMENT spending amid the flood control graft mess may have led the Philippines to miss its growth target for a third straight year...
BSP may complete review of digital bank license applications in 1st quarter
THE BANGKO Sentral ng Pilipinas (BSP) may finish its assessment of the three applicants for new digital banking licenses within the first quarter, a top official said.
Peso jumps to P58 level on broad dollar weakness
THE PESO jumped on Monday to return to P58 level amid broad dollar weakness, with the yen also surging against the greenback on intervention...
PSEi sinks to 6,200 level before GDP data release
THE MAIN INDEX dropped to the 6,200 level on Monday, hitting a three-week low, as the market opted to stay on the sidelines before...
Poll: GDP growth likely slowed in Q4
THE PHILIPPINE ECONOMY likely expanded at a slower pace in the fourth quarter of 2025, bringing full-year growth below the government’s target amid a corruption scandal, analysts said.
BSP uncertain on further easing in the near term
THE BANGKO SENTRAL ng Pilipinas (BSP) said another rate cut this year is uncertain amid current economic conditions, signaling a looming end to its current easing cycle.
Vehicle sales drop by 0.8% in 2025, falls short of target
PHILIPPINE AUTOMOTIVE SALES can reach 500,000 this year if interest rates improve after sales in 2025 fell short of the industry’s target, analysts said.