Philippine banks’ NPL ratio eases in November
THE PHILIPPINE BANKING system’s gross nonperforming loan (NPL) ratio eased at end-November, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Business groups say execution of reforms key to regaining investor trust
PHILIPPINE BUSINESS groups view the government’s pledge of “big bold reforms” as a credible step to rebuilding investor confidence but warn the real impact will depend on swift and decisive implementation.
BSP’s ‘nonchalance’ amid peso slump still reasonable
THE BANGKO SENTRAL ng Pilipinas’ (BSP) minimal intervention in the foreign exchange market is deemed reasonable as the peso’s recent swings remain manageable despite successively hitting record lows in the past weeks, analysts said.
Philippines accelerates push to light up rural homes
OVER A MILLION households in the Philippines remain without electricity, a gap the government aims to close within the next three years.
Peso to trade sideways before US data
THE PESO may trade sideways against the dollar this week as market players await the release of key US economic data, which could affect...
Stocks may drop as players book gains from rally
PHILIPPINE SHARES could decline this week as investors continue to book their gains from the market’s recent rally and with the peso’s weakness weighing...
PHL orders Grok AI ban
The Philippines has ordered the ban of Grok, the generative artificial intelligence (AI) chatbot developed by X.AI Corp. (xAI), owned by Elon Musk over...
Philippines unveils ‘big bold reforms’ to shore up investor confidence
By Aubrey Rose A. Inosante, Reporter
The Philippine government on Friday pledged "big bold reforms" that are aimed at restoring investor trust as it tries...
Philippines’ infrastructure watchdog stalls operations as quorum lost
The Philippines’ Independent Commission for Infrastructure (ICI) formally said on Friday it cannot carry out official functions after resignations left the fact-finding body without...
Philippine remittances slip to six-month low in November
MONEY SENT HOME by overseas Filipino workers (OFW) fell to its lowest level in six months in November, the Bangko Sentral ng Pilipinas (BSP) reported.
Philippines risks slowdown this year as election spending effect wanes
THE PHILIPPINES risks losing economic momentum in 2026 unless reforms are carried out to extend the lift from election-related spending last year, according to a state think tank.
Job shortage tops worries of Philippine business leaders — WEF
A SHORTAGE of jobs is emerging as the biggest worry for Philippine business leaders, according to the World Economic Forum (WEF), a sign that...