Consumer sentiment still bleak, businesses more upbeat — BSP survey
Consumer sentiment remained pessimistic in the second quarter due to elevated prices and lower salaries, while businesses were more optimistic because of the expected...
Archivers make up for lost time in preserving Philippine past on film
TEDDY CO, a 64-year-old film curator, cinephile and advocate of archiving and regional cinema, helped shape Philippine film history.
House pushed for quick approval of President’s fuel tax powers
The chairman of the House of Representatives’ ways and means committee wants the chamber to adopt the Senate version of a bill allowing President...
1st quarter GDP drop faster than initially reported
THE PHILIPPINE ECONOMY in the first quarter declined at a faster pace than previously reported, the Philippine Statistics Authority (PSA) said a day before it announces preliminary figures for the second quarter.
OECD slashes Philippine GDP growth projections for 2025, 2026
The Organisation for Economic Co-operation and Development (OECD) slashed its Philippine growth projections for this year and 2026.
In its latest Economic Outlook on Tuesday,...
BoI investment approvals hit P463 billion in Q1Â
THE BOARD of Investments (BoI) has seen a 155% rise in approved investments for the first quarter (Q1) to P463.3 billion, with 68 approved...
Rise of dollar forwards builds risk for Asian central banks
CENTRAL BANKS across Asia are increasingly using derivatives to protect their currencies against a strong dollar, raising questions over how long they can do...
BSP watching price pressures
By Beatrice M. Laforga, Reporter
The Philippine central bank would monitor the potential second-round effects of inflation and would deploy policy tools to safeguard price and financial stability, Governor...
Jobless rate climbs to 3-month high in June
THE UNEMPLOYMENT RATE rose to a three-month high in June as the quality of jobs deteriorated, the Philippine Statistics Authority (PSA) reported on Wednesday.
Asian wheat buyers to seek alternative supplies after attacks on Ukraine ports
SINGAPORE — Asian millers, which have bought more than one million metric tons of Black Sea wheat for shipment in the coming months, will...
ANZ hikes inflation forecast for PHLÂ
ANZ RESEARCH raised its inflation forecast for the Philippines this year and next year, as it expects inflation to remain above the central bank’s...
Philippines commits to 75% reduction in greenhouse gas emissions by 2030
By Angelica Y. Yang, Reporter
President Rodrigo R. Duterte has approved the Philippines' first Nationally Determined Contribution (NDC) which aims to reduce greenhouse gas (GHG) emissions by 75% by...