Marcos keeps Cabinet mostly unchanged after ‘bold reset’ call
PHILIPPINE President Ferdinand R. Marcos, Jr. has kept most of his Cabinet secretaries, his executive secretary said on Tuesday, two weeks after seeking their resignation in what he called a “bold reset” of his government.
NG debt hits record P16.8 trillion at end of April
THE NATIONAL GOVERNMENT’S (NG) outstanding debt rose to a record P16.75 trillion in the first four months amid a modest uptick from March that was tempered by a strong peso, according to the Bureau of the Treasury (BTr).
Peso rally may stretch to early 2026
THE PHILIPPINE PESO is expected to continue its rally against the dollar until early 2026 amid cooling inflation, expectations of further policy easing by the central bank and improving trade and investment flows.
New SEC chief urged to boost capital market development
THE RECENT appointment of prominent lawyer Francisco Edralin Lim as the new chairperson of the Securities and Exchange Commission (SEC) received the backing of top corporate executives, business groups, and market analysts, who urged him to push initiatives to develop the local capital markets.
BSP proposes changes to regulatory relief policy
THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to amend its regulatory relief policy for banks in order to provide them with more support...
PHL shows solid growth momentum, OECD says
THE PHILIPPINES’ growth momentum remains “broadly stable,” even as global trade tensions would make it hard to hit the 6-8% growth target in the...
House approves P200 wage hike bill
THE HOUSE of Representatives on Tuesday approved on third and final reading a measure seeking a P200 across-the-board minimum wage hike for workers in the private sector, despite concerns over its potential inflationary effects and adverse impact on small businesses.
Philippine annual inflation at 1.3% in May
MANILA (UPDATE) - Philippine annual inflation eased for a fourth consecutive month in May, driven by slower increases in utility and food prices, the...
Philippine peso volumes to gain on economic growth, FX head says
TRADING VOLUMES for the Philippine peso can grow as much as 10% in the coming years, according to the head of the nation’s currency...
PCCI, MBC concerned over legislated wage hike
THE Philippine Chamber of Commerce and Industry (PCCI) and Makati Business Club (MBC) on Thursday expressed concern over a legislated wage hike, saying this...
Japan debt watcher affirms Philippines’ ‘A-’ rating
THE JAPAN Credit Rating Agency (JCR) has again maintained the Philippines’ “A-” rating with a “stable” outlook, citing the country’s resilient economic growth and...
Inflation eases to over 5-year low
By Luisa Maria Jacinta C. Jocson, Senior Reporter
HEADLINE INFLATION eased to an over five-year low in May, as utility costs rose at a slower...