Maharlika’s top exec says investment plans on track
MAHARLIKA INVESTMENT Corp. (MIC) said capital deployment will remain on track and focused on its core pillars even as global uncertainty remains high amid the ongoing war involving the US, Israel, and Iran.
BoI-approved investment pledges up 27% in Feb.
THE BOARD of Investments (BoI) approved P36.5 billion worth of investment pledges in February, mainly driven by investment commitments in the renewable energy (RE) sector.
Peso may stay above P60 on prolonged Iran conflict
THE PESO could hold above the P60 line versus the US dollar this week on continued preference for the safe-haven currency due to the...
Shares may move sideways before inflation report
PHILIPPINE SHARES may move sideways as trading resumes after a two-week break as investors weigh geopolitical risks and domestic March inflation data that could...
Philippine officials discuss energy cooperation with Iran envoy
The Philippines’ top diplomat and energy chief met with Iran’s envoy to Manila on Wednesday to discuss energy cooperation, as the Southeast Asian nation...
Philippine NG debt hits record high P18.16 trillion in February
By Justine Irish D. Tabile, Senior Reporter
THE National Government’s (NG) outstanding debt hit a fresh high of P18.16 trillion as of end-February, reflecting a...
Philippine factory activity falls to 3-month low in March amid spike in energy costs
By Justine Irish D. Tabile, Senior Reporter
PHILIPPINE FACTORY activity in March slumped to a three-month low in March as output and new orders declined...
Global trade headwinds to widen Philippines’ BoP and current account deficits until 2027
By Katherine K. Chan, Reporter
The Philippines’ balance of payments (BoP) and current account deficits could widen this year until 2027 as weak global trade...
Bank lending rises by 9.5% in February
By Katherine K. Chan, Reporter
Philippines banks’ lending growth picked up in February as loans for business activities expanded at a faster pace, preliminary data...
BSP: Inflation likely rose to 3.1-3.9%
HIGHER FUEL, electricity, and rice prices, along with the peso’s weakness, likely pushed inflation to the fastest in around two years, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.
NG gross borrowings surge to nearly P400B
THE National Government’s (NG) gross borrowings ballooned to almost P400 billion in January as external debt more than tripled, the Bureau of the Treasury (BTr) said.
NPC seeks higher charge for missionary electrification
STATE-RUN National Power Corp. (NPC) is seeking to collect P44.2 billion from on-grid electricity end-users next year, as the current charge is insufficient to...