Next BSP hike may be 50 bps — DB Research
By Katherine K. Chan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) could raise its policy rate by 50 basis points (bps) in its next tightening...
Author : Michael H. Henry
PHL’s foreign debt service bill soars to $2.13 billion
THE PHILIPPINES’ debt service on foreign loans continued to climb amid higher principal payments as of February, preliminary data from the Bangko Sentral ng Pilipinas...
Domestic goods trade falls 20% in Q1
By Isa Jane D. Acabal, Researcher DOMESTIC TRADE in goods declined by 20% year on year in the first quarter, amid slower economic growth and...
EVs may account for 45% of PHL car sales by 2035 — IEA
ELECTRIC VEHICLES (EVs) could account for nearly half of all car sales in the Philippines by 2035 if the government sustains incentives and follows through...
Filinvest reports P4.1-B inventory drawdown, office lease deal
GOTIANUN-LED Filinvest Land, Inc. said it reduced its unsold residential inventory by P4.1 billion in the first quarter (Q1), as the developer pursued asset monetization...
Shang Properties, Inc. to hold Annual Stockholders’ Meeting on June 22
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Offshore Music marks 10 years with docuseries
INDEPENDENT record label Offshore Music is celebrating its 10th anniversary with a five-part documentary series chronicling its journey. The label was founded 10 years ago...
T-bill yields mixed as US-Iran standoff lengthens
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday at mixed yields as the market stayed risk averse, with...
Synology launches PAS7700 all-flash NVMe storage system in PH
Taiwanese tech company Synology Inc. on Monday launched the PAS7700, an active-active all-flash NVMe (Non-Volatile Memory Express) storage system in the Philippines, poised to help...
LPA may develop into tropical cyclone in 24 hours
A low pressure area (LPA), which has been bringing rains over several areas, is likely to develop into a tropical cyclone, according to the Philippine...