Business
Philippine wealth fund to invest in port company Asian Terminals
The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023 Philippine sovereign wealth fund Maharlika…
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Philippine
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Philippine central bank chief tempers hawkish view, sees one more cut
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current…
Business
Foreigners buy most Philippine stocks in two years on BSP Bets
Global investors snapped up the most Philippine shares in more than two years on expectations the central bank will cut interest rates…
Business
Philippine peso poised for rebound as holiday remittances set to arrive
The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in early October…
Business
Philippine banks to lead profit growth among regional peers
Philippine banks, helped by robust loans, are poised to deliver the highest net interest income growth among South-east Asian lenders this…
Business
Philippine peso falls to new record low on rate view, outflow
The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to…
Business
Philippine peso falls to record low on rate view, outflow
The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to…
Business
Philippine central banker sees more easing as graft woes weigh
The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a…
Business
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the…
Business
Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission
DMP did not meet the PSE’s extended deadline “due to the same reasons disclosed by the company (when) requesting the extension” The…
Business
Philippine central bank orders e-wallets, payment apps to remove online gambling links
Senators are tackling proposals to either restrict or ban online gambling amid worries over debt and addiction The Philippine central bank…
Business
Top Philippine bank likely to sustain record profit, CEO says
BDO Unibank, the Philippines’ biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its…
Business
Philippine central bank governor confident inflation will hit 2% in 2025
The Philippine central bank is confident of achieving a 2 per cent inflation rate this year, the lower end of its 2 per cent to 4 per cent…
Business
Philippine central bank signals August rate cut
— The Philippine central bank signalled on Monday (Aug 11) that it may deliver the first of two remaining interest rate cuts this year at…
Business
Philippine energy giant Citicore Renewable eyes Cambodia, Myanmar after Pertamina deal
Philippines-listed Citicore Renewable Energy (CREC) is making its regional play while the sun shines, powered by a recent tie-up with…
Business
Rate cuts seen lifting Philippine bonds from Asia’s lowest ranks
Philippine bonds are poised to rebound from the bottom of Asia’s debt rankings, thanks to the central bank’s room to cut rates and their…
Business
Collage of 'Philippine traffic conditions' misuses Vietnam photo
Supporters of President Ferdinand Marcos have misrepresented a photo of a congested road in Vietnam as depicting gridlock in the…
Business
EXCLUSIVE: Philippine Leroy-Beaulieu Becomes an Ambassador of L’Oréal Paris in France
PARIS – Philippine Leroy-Beaulieu has been named a new ambassador of L’Oréal Paris in France. The actress-producer will appear in a…
Business
Pomellato Taps Philippine Leroy-Beaulieu As New Global Ambassador
GOLD AMBASSADOR: It looks like the appeal of the “Emily in Paris” character Sylvie Grateau comes second only to the one of Philippine…
Business
Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
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Chinese coastguard uses water cannon, blocks Philippine vessels near Scarborough Shoal
China has blocked four Philippine vessels that attempted to "intrude into the territorial waters" of the disputed Scarborough Shoal on…