Philippines is 4th happiest country in Southeast Asia
THE PHILIPPINES slipped to 57th place out of 147 countries in the latest World Happiness Report (WHR), despite showing an improvement in its overall...
PHL gross borrowings inch up to P213B in Jan.
THE NATIONAL Government’s (NG) gross borrowings inched up in January amid a rise in domestic debt, the Bureau of the Treasury (BTr) said.
Data from...
External debt service burden rises to $17.2 billion in 2024 — BSP data
THE COUNTRY’S external debt service burden jumped to $17.16 billion in 2024, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
Central...
Federal Reserve pause may delay further BSP easing — analysts
THE US Federal Reserve’s latest pause and cautious stance could push the Bangko Sentral ng Pilipinas (BSP) to delay its own easing cycle, analysts said.
Lower IPO float creates uneven field
THE RECENTLY ANNOUNCED move of the Philippine Stock Exchange (PSE) to lower the minimum public ownership (MPO) for large initial public offerings (IPOs) may not be good for investor confidence as it creates an “uneven playing field,” stock market analysts said.
Philippine stock market starts trading after delayed open
The open of trading on the Philippine Stock Exchange was delayed for nearly two hours on Monday due to a connection issue, in the...
Gov’t to review rice tariffs ahead of harvest season
THE GOVERNMENT is reviewing the lower tariffs on imported rice ahead of the local harvest season next month, according to the presidential palace.
“To ensure...
PHL stock exchange’s tech glitches may dent foreign investor confidence
THE Philippine Stock Exchange, Inc. (PSE) is being urged to invest more in advanced infrastructure as technical glitches that affect trading may dent investor confidence, analysts said.
S&P sees BSP cutting rates by 100 bps this year
CENTRAL BANKS in the Asia-Pacific including the Bangko Sentral ng Pilipinas (BSP) are expected to cut rates further this year, S&P Global Ratings said.
“As...
PHL, Japan ink P65-B loan deals
THE PHILIPPINES has secured P65.43 billion worth of loans from Japan to fund big-ticket infrastructure projects such as a four-lane bypass road in Davao...
BSP says intervening less in peso, sees rate cut
The Philippine central bank has been intervening less in the currency market recently, and it appears on track to resume rate cuts in April,...
Cyber losses hit P5.82 billion in 2024 — BSP
FINANCIAL INSTITUTIONS supervised by the Bangko Sentral ng Pilipinas (BSP) lost P5.82 billion from cyberattacks in 2024, up 2.6% from the previous year, according to an official.