El Niño, prolonged Middle East war seen keeping Philippine inflation elevated
By Katherine K. Chan, Reporter Headline inflation could stay above the Philippine central bank’s target for longer if price pressures worsen amid the looming El...
Author : Michael H. Henry
IMF trims Philippine growth outlook until 2027
By Katherine K. Chan, Reporter THE PHILIPPINE ECONOMY could post its weakest growth this year since the pandemic, as the Middle East war drives up...
Weak consumption, delayed investments to drag Philippine growth — ADB
By Justine Irish D. Tabile, Senior Reporter THE ASIAN Development Bank (ADB) cut its growth forecasts for the Philippines for this year and next year,...
Unemployment rate rises in May amid 905,000 job losses in agri
By Erika Mae P. Sinaking, Reporter THE PHILIPPINES’ unemployment rate rose to 4.8% in May as job losses in agriculture, driven by bad weather, outweighed...
Philippine banks’ loan growth hits 15-month high in May
By Katherine K. Chan, Reporter PHILIPPINE BANKS’ loan growth posted its fastest pace in over a year in May as lagged effects of interest rate...
PAL’s $300-M bond draws $1.4B in orders
By Ashley Erika O. Jose, Reporter PHILIPPINE AIRLINES (PAL) announced on Wednesday that it had priced its inaugural $300-million (P18.45-billion) international bond offering after receiving...
Gatchalian elected Senate president, ending two-week leadership impasse
THE Senate on Wednesday elected Senator Sherwin T. Gatchalian as Senate president, ending a leadership dispute that had threatened to delay action on legislative measures...
DICT pushes social media restrictions for under-16s
THE Department of Information and Communications Technology (DICT) is pushing legislation that will restrict access to social media platforms for children aged 16 and below...
Palace seeks answers over alleged denial of PhilHealth benefits
MALACAÑANG has ordered an investigation into the implementation of state health insurance benefits following allegations that a hospital denied Philippine Health Insurance Corp. (PhilHealth) coverage...
PHL notes removal of platform from shoal
THE National Task Force for the West Philippine Sea (NTF-WPS) on Wednesday confirmed the removal of a floating platform previously monitored at Scarborough Shoal, citing...