GDP growth may slow further as price pressures mount
PHILIPPINE ECONOMIC GROWTH this year could slump to its slowest in nearly two decades as price pressures from the energy crisis compound already muted...
March loan growth at 7-month high
PHILIPPINE BANKS’ lending to businesses and consumers marked its fastest expansion in seven months in March, supported by robust liquidity in the financial system despite the Middle East conflict, preliminary Bangko Sentral ng Pilipinas (BSP) data showed.
Stocks drop on mixed earnings, US-Iran deadlock
PHILIPPINE SHARES edged lower for a second straight day on Wednesday as investors stayed cautious amid mixed corporate results and the standoff between the...
Peso gains on profit taking, possible intervention
THE PESO rebounded against the dollar on Wednesday despite touching new lows early in the session, supported by profit taking and likely intervention from...
DoF chief says EV incentive program to be released soon
THE DEPARTMENT of Finance (DoF) said the government expects the release of the Electric Vehicle Incentive Strategy (EVIS) soon as agencies continue to coordinate...
Meralco cuts power rates slightly after 3-mo. hikes
RESIDENTIAL CUSTOMERS of Manila Electric Co. (Meralco) will see a slight reduction in their electricity bills this month after three consecutive monthly increases, as regulatory interventions softened what could have been a bigger jump in power rates amid higher fuel prices linked to the Iran war.
El Niño may strain economy
THE PHILIPPINE ECONOMY could face added pressure from a looming El Niño episode as it continues to grapple with the fallout from the flood control graft scandal and elevated energy costs linked to the Iran war, according to Nomura Holdings, Inc. Global Markets Research.
Luzon, Visayas grids on red alert
POWER CONSUMERS in Luzon and the Visayas experienced interruptions on Wednesday after red and yellow alerts were raised across the grids following the loss...
Mynt aiming for $8-billion valuation in IPO, sources say
HONG KONG/SINGAPORE — Mynt, the Philippine company behind the country’s top e-wallet GCash, is planning to file for a domestic listing as early as...
Political noise drags peso to new all-time low
THE PESO dropped to a new all-time low against the greenback on Thursday as political concerns at home and rising US Federal Reserve rate...
Bargain hunting pushes PSEi back to 6,000 level
THE MAIN INDEX returned to the 6,000 level on Thursday for the first time in a week as bargain hunting after a two-day slump...
ASEAN 2026 takes center stage at ´óÏó´«Ã½ Economic Forum 2026
THE PHILIPPINES’ chairmanship of the Association of Southeast Asian Nations (ASEAN) this year will be placed in the spotlight during the country’s premier business...