Exports likely to miss PEDP targets in 2024
PHILIPPINE EXPORTS will likely miss this year’s target under the Philippine Export Development Plan (PEDP), according to the exporters organization and the Department of Trade and Industry (DTI).
Asia’s new Quad told to step up economic game beyond security
THE Philippines, United States, Japan and Australia need a stronger economic message and should boost their ties beyond defense and security to sustain their partnership amid an increasingly belligerent China, according to analysts.
Budget deficit projected to narrow further this year
THE National Government’s (NG) fiscal deficit is seen to narrow further this year as revenue collections are likely to exceed targets, Fitch Solutions’ unit...
BSP signals possible rate cut delay
THE BANGKO SENTRAL ng Pilipinas (BSP) on Monday left its key rate unchanged at 6.5% for a fourth straight meeting and signaled a possible delay in rate cuts due to inflation risks.
Philippines likely to post fastest GDP growth among ASEAN+3 countries this year, 2025
THE PHILIPPINES is expected to grow faster than Association of Southeast Asian Nations (ASEAN) member countries, China, Japan, South Korea and Hong Kong this...
Meralco slashes power rate by nearly P1 per kWh this month
RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see lower electricity bills for the first time this year, due to a sharp drop in generation and transmission charges.
Philippine population seen among the youngest in the region — AMRO
THE PHILIPPINE population is expected to be among the youngest in the region, with the country still in the early stage of its demographic...
DoubleDragon subsidiary Hotel101 Global set to list on the Nasdaq
SINGAPORE/MANILA — Philippine real estate firm DoubleDragon on Monday said subsidiary Hotel101 Global will list on the Nasdaq in the United States via a...
BSP to extend rate pause — poll
THE Bangko Sentral ng Pilipinas (BSP) is widely expected to keep its policy rate steady for a fourth straight meeting as inflation may accelerate in the coming months.
March dollar reserves highest in nearly 2 years
THE PHILIPPINES’ gross international reserves (GIR) jumped to a near two-year high of $104.03 billion at the end of March, the Bangko Sentral ng...
RLC’s real estate investment trust seen to have room to expand its portfolio
THE REAL ESTATE investment trust (REIT) of Gokongwei-led property developer Robinsons Land Corp. (RLC) is now in a better position to absorb assets from the latter and expand its portfolio, according to analysts.
Pursue progressive tax reforms, gov’t urged
THE MARCOS administration should find new sources of revenue and reconsider the bill that seeks to further lower taxes imposed on domestic and foreign...