Peso likely range-bound as market eyes BSP meet
THE PESO may move sideways against the dollar this week before an expected rate cut by the Bangko Sentral ng Pilipinas (BSP) and following...
Market may stay cautious before BSP decision
STOCKS may move sideways this week and retest the 6,400 mark as investors tread cautiously before the Bangko Sentral ng Pilipinas’ (BSP) policy meeting,...
OECD tells Philippine central bank to improve monitoring, management of inflation expectations
THE BANGKO Sentral ng Pilipinas (BSP) should improve its monitoring and management of inflation expectations and enhance its monetary policy framework to effectively deal...
Government to bid out Semirara coal contract
THE government is planning to offer the contract governing the right to mine on Semirara Island after turning down the request of the Consunji-led mining firm for renewal.
DA expecting a combined 300,000 MT of rice imports in March, April
THE DEPARTMENT of Agriculture (DA) said it expects rice import volumes to reach 150,000 metric tons (MT) per month in March and April, following consultations with rice traders and importers.
Poll: BSP to cut policy rate to 4.25%
SLUGGISH economic growth and a still benign inflation outlook provide the Bangko Sentral ng Pilipinas (BSP) with ample room to deliver a sixth straight interest rate cut at its first policy meeting this year, analysts said.
OFW remittances soar to all-time high $35.63 billion in 2025
Money sent home by Filipinos abroad jumped by 3.3% to a record high of $35.634 billion in 2025, the Bangko Sentral ng Pilipinas (BSP)...
Philippines’ Maya is said to weigh US IPO of up to $1 billion
Philippine financial-technology firm Maya is considering a US initial public offering that may raise $500 million to $1 billion, according to people familiar with...
Stocks down on BSP watch, Semirara’s plunge
PHILIPPINE STOCKS closed lower on Monday as investors looked ahead to the Bangko Sentral ng Pilipinas’ (BSP) policy meeting, with declines in share prices...
Peso returns to P57 level as data back Fed easing bets
THE PESO returned to P57-per-dollar level on Monday as softer-than-expected US inflation data supported expectations of more rate cuts by the US Federal Reserve.
The...
Philippines, US seal $4.2-M deals to expand civil nuclear cooperation
THE PHILIPPINES is gaining more support from the United States in its goal of integrating nuclear power into the national energy mix in the...
Analysts warn removing VAT exemptions for senior citizens will be ‘socially harmful’
REMOVING value-added tax (VAT) exemptions for senior citizens as well as private education and healthcare may boost government revenue collections, but analysts warned this move is “socially harmful” and will drive up expenses for most Filipinos.