FDI net inflows jump 26% in March
By Katherine K. Chan, Reporter NET INFLOWS of foreign direct investments (FDI) into the Philippines grew year on year for the first time in three...
Author : Michael H. Henry
BSP has no space to replicate 2022-2023 tightening cycle
THE BANGKO SENTRAL ng Pilipinas (BSP) will likely remain hawkish, but weak economic growth could limit its space to curb rising prices via monetary tightening,...
Red alert raised in Visayas; Mindanao on yellow alert
By Sheldeen Joy Talavera, Reporter POWER SUPPLY STRAINS in the Visayas worsened after a major earthquake triggered widespread outages in Mindanao, leading to a supply...
DoE eyes aggressive targets to reduce oil import dependence
THE DEPARTMENT of Energy (DoE) is seeking to set more “aggressive” targets in a bid to reduce dependence on imported fuel, including increasing the adoption...
PLDT, KKR discuss Maya IPO issues as listing plan weighs structure
PLDT, Inc. said it is still in talks with KKR & Co., Inc. to resolve issues tied to the planned initial public offering of fintech...
Philippine jobless rate rises to 4.7% in April, underemployment hits near 3-year high
The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued...
PayMongo, Paymentology, Mastercard launch virtual cards for small businesses
PAYMONGO GROUP has partnered with Mastercard and Paymentology Ltd. to launch a virtual prepaid card meant for small and medium enterprises (SMEs) that may not...
Marks & Spencer set to reopen in the Philippines under new franchise partner
Marks & Spencer (M&S) is set to resume operations in the Philippines later this year with a new franchise partner Indonesian retail group PT Mitra...
Jumbo BSP rate hike still likely as broad price pressures linger
THE BANGKO SENTRAL ng Pilipinas (BSP) may hike by as much as 50 basis points (bps) amid lingering spillover price effects despite the softer-than-expected headline...
PHL resilient but vulnerable to domestic and external shocks
THE PHILIPPINE ECONOMY and financial sector remain resilient, but tighter institutional interconnectedness has heightened the risk of domestic and external shocks spreading more quickly across...