Philippines eyes 1-month rice import window in January 2026
By Kenneth Christiane L. Basilio, Reporter
THE PHILIPPINES will implement a one-month rice import window in January and reimpose a ban on imports from February...
Philippines eyes $500-million disaster loan from World Bank
THE PHILIPPINE government has tapped the World Bank for a $500-million loan to boost the country’s resilience against natural disasters and help it contain a coronavirus pandemic.
February cut may mark end of BSP’s easing cycle
THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to deliver another 25-basis-point (bp) reduction to its key policy rate at its first meeting...
PSEi slides to 4-month low as Iran war escalates
THE MAIN INDEX sank to an over four-month low on Monday as the war in the Middle East escalated further, worsening market worries over...
PHL banks maintain optimistic outlook for next 2 years — surveyÂ
PHILIPPINE BANKS expect to post double-digit growth in assets, loans, deposits, and net income in the next two years despite the current high inflationary...
Inflation sharply drops to 3-year low
HEADLINE INFLATION sharply decelerated to an over three-year low of 2.8% in January, marking the second straight month it fell within the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target range.Â
PCCI says Speaker vows to pass at least 5 bills in their wish list
THE PHILIPPINE CHAMBER of Commerce and Industry (PCCI) on Monday said House Speaker Ferdinand Martin G. Romualdez has committed to having at least five measures in the business group’s wish list enacted in the next three years.
Gov’t borrowings swell to P3 trillion
THE National Government borrowed P3.048 trillion in the first 11 months of the year, already exceeding the P3-trillion full-year target, data from the Bureau of the Treasury (BTr) showed.Â
Wawa dam water supply for Metro Manila could face delay — proponent
RAZON-LED Prime Metroline Infrastructure Holdings, Inc. (Prime Infra) warned on Monday that it might not be able to deliver water to Metro Manila as scheduled in 2021 from Wawa dam in Rizal, citing the delay in government approval of the project.
PHL-US civil nuclear deal enters into force
A CIVIL NUCLEAR cooperation agreement between the United States and the Philippines, which will pave the way for US companies to export nuclear technology...
Watchdog flags competition issues with Grab deal
THE PHILIPPINE Competition Commission (PCC) noted in a report released on Monday that Grab Holdings, Inc.’s acquisition of the Southeast Asian business of rival...
Rice prices expected to fall further
THE Duterte administration expects the price of rice to decline further on the second year of the law lifting import restrictions that brought prices to a seven-year low.