Typhoon Kalmaegi kills at least 58 in the Philippines, heads toward Vietnam
CEBU - At least 58 people were dead after Typhoon Kalmaegi left a trail of destruction in the central Philippines and continued to batter...
Marcos signs eight petroleum service contracts worth $207 million
President Ferdinand R. Marcos, Jr. has signed eight petroleum service contracts representing a potential investment commitment of about $207 million over a seven-year exploration...
Outlook for IPOs still murky for second half
COMPANIES might be reluctant to go public in the second semester amid persistent inflation, high interest rates, peso weakness and lackluster trading volumes at the stock market, analysts said.
Marcos says inflation ‘moving in right direction’
Philippine President Ferdinand R. Marcos, Jr. touted his administration’s successes over the past year including battling inflation and steering the economy back on track, but...
BSP to keep policy settings steady
THE BANGKO SENTRAL ng Pilipinas (BSP) will likely keep benchmark interest rates steady on Thursday to support the “fragile” economic recovery, with inflation improving on the back of government initiatives to ease supply issues.
Mid-term vote holds key to Philippines riding out tariff-linked risks
The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies.
Loans continue to fuel banks’ 4th quarter double-digit asset growth
By Lourdes O. Pilar
Researcher
FOURTH-QUARTER growth in the assets of the country’s biggest banks continued to post double-digit growth from the previous year, with loans...
Economic opportunities, disruptions to take center stage at Forecast 2026
THE PHILIPPINE ECONOMY is heading into 2026 with a cautious outlook as the government pushes reforms to unlock long-term growth, even as global demand...
Tariffs, AI boom could test global growth’s resilience, OECD says
PARIS - Global growth is holding up better than expected as an artificial intelligence investment boom helps offset some of the shock from US...
Foreign direct investments surge
FOREIGN direct investments surged in March from a year ago and from the preceding month on the back particularly of equity capital placements amid sustained confidence in Philippine prospects, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
Return-to-office orders could lead to stampede of top talent in Philippines
JOHN GABRIEL GALANG-PILAPIL, 22, finally returned to his office on March 6 after working from home for the past two years amid a coronavirus pandemic.
BSP finds businesses less bullish, consumers more pessimistic in Q4
EVEN the seasonal holiday cheer failed to lift investor and consumer spirits in this quarter, with confidence plummeting to multi-year lows as inflation continues to bite, according to findings of the central bank’s latest surveys.