Cash remittances rise 2.7% in Feb.
MONEY SENT HOME by migrant Filipinos rose by 2.7% year on year in February, the slowest in nine months, data from the Bangko Sentral...
P135B raised from new 10-year bond
THE GOVERNMENT raised an initial P135 billion from the offering of its new 10-year fixed-rate Treasury notes it auctioned off on Tuesday under a new issuance format targeting institutional investors.
Philippine money market group says banks cautious of trade risks
(UPDATE) President Donald Trump’s ever-changing tariff onslaught is overshadowing the Philippines’ sound economic fundamentals and will likely keep banks selective in deploying funds, according...
Kalibo airport upgrade removed from PPP pipeline
THE GOVERNMENT has removed the proposed privatization of the upgrade and operations of the Kalibo International Airport Project from its public-private partnership (PPP) pipeline...
Philippine Competition Commission raises thresholds for deal notification
The Philippine Competition Commission (PCC) has raised the thresholds for mergers and acquisitions (M&As) that will require mandatory notification.
ERC allows NGCP to recover P28.29 billion from consumers
Transmission charges are expected to increase as the Energy Regulatory Commission (ERC) authorized the National Grid Corp. of the Philippines (NGCP) to collect P28.29 billion in under-recoveries from consumers.
ADB approves $1.45-B loan for Malolos-Clark railway project
The Asian Development Bank (ADB) has greenlit a $1.45-billion loan for the Philippines government’s railway project connecting Malolos to Clark International Airport.
“The Malolos–Clark Railway...
PHL unlikely to benefit from shifting trade routes amid tariff war
SHIFTING TRADE ROUTES amid tit-for-tat tariffs would likely occur within Southeast Asia, Oxford Economics said, though this may not necessarily benefit the Philippines due...
External debt service burden slumps in Jan.
THE PHILIPPINES’ external debt service burden slumped by more than 50% in January amid a sharp decline in principal payments, the latest data from the Bangko Sentral ng Pilipinas (BSP) showed.
PHL banks eager to back offshore wind projects
DESPITE the nascent stage of offshore wind projects in the Philippines, local banks are stepping up to finance these ventures that are aiming to deliver the first kilowatt-hour by 2028.
GDP likely grew by 6% in Q1 — Recto
THE PHILIPPINE ECONOMY may have expanded by 6% in the first quarter, Finance Secretary Ralph G. Recto said.
Pope Francis has died, Vatican says
VATICAN CITY — Pope Francis, the first Latin American leader of the Roman Catholic Church, has died, the Vatican said in a video statement...