Philippine banks’ March bad loan ratio softens
PHILIPPINE BANKS’ bad loan ratio eased to a three-month low in March as total loans increased, according to data from the Bangko Sentral ng...
Remittance growth hits 9-month low
MONEY SENT HOME by migrant Filipinos rose 2.6% in March from a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, though this was the slowest growth in nine months.
Approved foreign investments lowest in more than a year
APPROVED foreign investments in the Philippines slumped further by 82% in the first quarter to the lowest in one-and-a-half years, according to the local statistics agency, as US President Donald J. Trump tries to undo decades of global economic integration through his sweeping tariff increases.
Inflation seen within target until 2027
PHILIPPINE INFLATION is expected to remain within the central bank’s 2-4% target until 2027, according to economists surveyed by the Bangko Sentral ng Pilipinas...
Changing work styles fueling demand for coworking spaces
DEMAND for coworking workspaces in the Philippines is expected to rise amid easing inflation and as companies shift to flexible, short-term leasing, analysts said.
DA to lift max SRP for pork in 24 hours
THE Department of Agriculture (DA) on Wednesday said it would lift the maximum suggested retail price (MSRP) for pork, demand for which spiked during the election season, within 24 hours amid low compliance among suppliers.
Housing policies can’t keep up with evolving family trends in PHL
THE PHILIPPINE government should reform its housing policies as more Filipinos live with extended families — a sign that traditional family structures are shifting, according to the Philippines Institute for Development Studies (PIDS).
GBonds feature launch eyed for second half
THE BUREAU of the Treasury (BTr) plans to launch GBonds, which will let retail investors buy and sell government securities on e-wallet giant GCash,...
How Trump’s trade war has evolved in three months
US PRESIDENT Donald J. Trump’s tariff decisions since he took office on Jan. 20, from imposing sweeping duties to abruptly pausing some of them,...
Gov’t open to seasonal tariffs for rice
MILAN, Italy — The government is open to adopting a seasonal tariff scheme for rice imports to better protect farmers.
Meralco power rates down in May
RESIDENTIAL CUSTOMERS of Manila Electric Co. (Meralco) could get some relief this month as the power distributor announced a decline in electricity rates for...
US-China trade truce could provide relief to Philippine markets
PHILIPPINE financial markets could get some short-term reprieve from the volatility it saw in recent months after the United States and China on Monday agreed to slash tariffs temporarily.