Events

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Auto sales rise despite a drop in demand for cars

Auto sales rise despite a drop in demand for cars

NEW VEHICLE SALES jumped by an annual 2.9% in February, the slowest growth in five...

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SEC open to lower public float for large IPOs

SEC open to lower public float for large IPOs

COMPANIES planning to list on the Philippine Stock Exchange, Inc. (PSE) with an...

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BoP position swings to $3.1-billion surplus in Feb.

BoP position swings to $3.1-billion surplus in Feb.

THE PHILIPPINES’ balance of payments (BoP) position swung to a surplus in February,...

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PHL economy faces risks if US goes into recession

PHL economy faces risks if US goes into recession

A POTENTIAL RECESSION in the United States may pose risks to the Philippine economy...

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BSP rate cut likely in April — Recto

BSP rate cut likely in April — Recto

FURTHER monetary easing will be necessary to support economic growth, Finance Secretary...

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PHL services trade slumps in 2024 — BSP

PHL services trade slumps in 2024 — BSP

THE PHILIPPINES’ services trade slumped in 2024 as exports grew at a much slower...

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Production value

Production value

With car sales expected to top 500K units this year, local auto manufacturing should...

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External debt up 10% as of end-2024

External debt up 10% as of end-2024

THE PHILIPPINES’ outstanding external debt rose by nearly 10% year on year as of...

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NG debt service bill surges to P2.02-T in 2024

NG debt service bill surges to P2.02-T in 2024

THE NATIONAL GOVERNMENT (NG) debt service payments surged to P2.02 trillion in 2024...

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PDIC eyes new assessment system for banks to deter risky lending behavior

PDIC eyes new assessment system for banks to deter risky...

THE PHILIPPINE Deposit Insurance Corp. (PDIC) wants to introduce a risk-based assessment...

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Banking system assets up 9.3% as of end-Jan.

Banking system assets up 9.3% as of end-Jan.

THE PHILIPPINE BANKING industry’s total assets jumped by 9.3% year on year as of...

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Duterte arrest unlikely to hurt Philippine economic outlook

Duterte arrest unlikely to hurt Philippine economic outlook

THE ARREST of former President Rodrigo R. Duterte could shake the sentiment of foreign...

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‘External factors’ force pullout of WPS documentary from film fest

‘External factors’ force pullout of WPS documentary from...

FOOD DELIVERY: Fresh from the West Philippine Sea, a documentary about the struggle...

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Changes to SIM registration opposed

Changes to SIM registration opposed

TELECOMMUNICATIONS companies are opposing the National Telecommunications Commission’s...

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Manila Water rate hike to take effect in April

Manila Water rate hike to take effect in April

CUSTOMERS of Manila Water Co., Inc. will see higher water bills starting in April...

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Cebu Landmasters starts offer period for P5-B sustainability-linked bonds

Cebu Landmasters starts offer period for P5-B sustainability-linked...

PROPERTY DEVELOPER Cebu Landmasters, Inc. (CLI) began the offer period for its P5-billion...

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World Bank says PHL needs reforms in education, health

World Bank says PHL needs reforms in education, health

THE PHILIPPINES should focus on reforms that will improve learning and health outcomes,...

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Pharma industry eyes 9% growth this year

Pharma industry eyes 9% growth this year

THE PHILIPPINE pharmaceutical industry is targeting at least 9% growth this year...

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Thrift banks to request lower MLR after RRR cut

Thrift banks to request lower MLR after RRR cut

THRIFT BANKS will ask the Bangko Sentral ng Pilipinas (BSP) to lower the minimum...

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As December saw lowest monthly tally in 11 years, FDI net inflows inch up 0.1% in 2024

As December saw lowest monthly tally in 11 years, FDI net...

NET INFLOWS of foreign direct investments (FDI) into the Philippines inched up by...