Fed easing cycle to encourage EM issuers to tap debt markets
EMERGING MARKETS (EM) like the Philippines will be able to tap into debt markets and further cut rates amid improved liquidity conditions due to...
Poll: GDP growth likely cooled in Q3
THE PHILIPPINE ECONOMY likely slowed in the third quarter as household spending remained muted after the central bank cut interest rates in August.
A BusinessWorld...
GOCC subsidies decline by 14% in September
SUBSIDIES PROVIDED to government-owned and -controlled corporations (GOCCs) dropped by an annual 14% in September, according to the Bureau of the Treasury (BTr).
The latest...
Harris presidency more beneficial to PHL economy — analysts
A KAMALA HARRIS presidency would be more beneficial to the Philippine economy, analysts said, noting the potential impact on monetary policy, trade and other economic indicators.
Congress expected to ratify budget bill by mid-Dec.
CONGRESS will likely ratify the proposed 2025 General Appropriations Bill before its break in mid-December, a House of Representatives leader said on Sunday.
“We hope...
Poll: Inflation likely picked up in Oct.
HEADLINE INFLATION likely quickened in October amid higher prices of key commodities like food and fuel, analysts said.
Hot money net inflows rise to $1B in September
FOREIGN PORTFOLIO INVESTMENTS registered a net inflow in September, marking the third straight month that more foreign capital entered the country than left, the...
Dimalanta reinstated at ERC
MALACAÑANG has reinstated Monalisa C. Dimalanta as chairperson and chief executive officer of the Energy Regulatory Commission (ERC), amid fears that a leadership vacuum at the agency could stall some power supply deals.
Climate change could cut PHL’s GDP by 18% by 2070
THE PHILIPPINES could potentially lose 18.1% of its gross domestic product (GDP) by 2070 due to climate change under a high emissions scenario, the...
Looming debt spiral in emerging markets tests IMF and World Bank safety net
A LIQUIDITY CRUNCH is brewing across the developing world, raising pressure on US-backed international financial institutions to help poor nations meet mounting debt repayments...
NG debt hits record P15.89 trillion
THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P15.89 trillion as of end-September, but the Bureau of the Treasury (BTr)...
Domestic demand key to insulating PHL from US trade risks
THE PHILIPPINES needs to boost domestic demand to insulate its economy from a potential setback on multilateralism, which is likely to happen if Donald J. Trump returns to power in the United States, according to economists.