Philippine peso hits fresh low P62.40 vs US dollar
By Aaron Michael C. Sy, Reporter THE PESO tumbled to a new low against the US dollar on Tuesday as hawkish signals from the US...
Category : World
Pantheon says BSP tightening cycle likely over as inflation to further ease
UNITED KINGDOM-BASED think tank Pantheon Macroeconomics sees the Bangko Sentral ng Pilipinas (BSP) holding off on any further monetary policy tightening as it expects inflation...
Philippines’ foreign debt service bill climbs at end-May
By Katherine K. Chan, Reporter THE Philippines’ debt service on foreign loans continued to rise as the government made higher principal payments as of May,...
BusinessWorld receives award from PIDS
BUSINESSWORLD received the “Daluyan ng Dunong: Outstanding Print/Online Media Partner” from the Philippine Institute for Development Studies (PIDS). This was part of the “Saliksik at...
Jollibee advances global unit spinoff with HK listing plan
JOLLIBEE Foods Corp. (JFC) has selected Hong Kong (HK) as the proposed listing venue for its international business, replacing its earlier plan to pursue a...
DICT sees 2026 telco spending reaching P153 billion
By Ashley Erika O. Jose, Reporter THE Department of Information and Communications Technology (DICT) expects capital spending by major Philippine telecommunications companies (telcos) to reach...
Meralco set to evaluate lowest bids for 600-MW supply
MANILA Electric Co. (Meralco) is set to evaluate the three lowest bids for its 600-megawatt (MW) baseload supply requirement, with offers from generators under San...
Solar Philippines sells P3 billion worth of SPNEC shares
SOLAR PHILIPPINES Power Project Holdings, Inc. (SPPHI), founded by businessman-turned-politician Leandro L. Leviste, has sold P3 billion worth of shares in SP New Energy Corp....
Metro Pacific Water sets P23-B five-year investment plan
METRO PACIFIC Water (MPW), a wholly owned subsidiary of Pangilinan-led Metro Pacific Investments Corp. (MPIC), plans to invest about P23 billion over the next five...
Philippines’ August manufacturing PMI highest since 2016
PHILIPPINE manufacturing activity continued to expand in August, hitting a near 10-year high, amid increased output and new export orders, S&P Global said. The S&P...