As Holy Week draws near, expectation of potential increase in oil prices
Oil companies in the Philippines are gearing up for fuel price increases over the upcoming Holy Week period. Market indicators...
Category: Business
The US sued Apple, alleging monopolistic behavior in its iPhone ecosystem
The legal landscape shifted dramatically as the US Department of Justice, in tandem with numerous states, initiated legal proceedings against...
NEDA expects March’s inflation to slow down
Arsenio Balisacan, Secretary of the National Economic and Development Authority (NEDA), expressed his expectation that the inflation rate for March...
BPI plans to divest its ownership stake in GoTyme
Bank of the Philippine Islands (BPI), under the Ayala group, has opted to sell off its recently acquired stake in...
PH has secured a 25,000 metric ton allocation of sugar from US
Manila has received approval from Washington to export 25,300 metric tons raw value (MTRV) of raw sugar to the US...
In 2023, PH saw its debt service burden surge to $14.8B
Last year, the country’s debt service burden surged by 74 percent to $14.8 billion from $8.5 billion, according to preliminary...
The CCAP is deemed adequate, ensuring fair interest rates
The Credit Card Association of the Philippines (CCAP) voiced its full support for the Bangko Sentral ng Pilipinas (BSP) assessment...
The Pasig expressway project has been canceled
San Miguel Corp. (SMC) has decided to abandon its plans for the Pasig River Expressway (Parex) due to strong opposition...
In Q1, expectation of a substantial rise in palay harvest
In the first quarter, the Philippines is poised to experience a marginal rise in palay output, surpassing 4.8 million metric...
Remittance inflows kicked off the year with a 2.7% rise, $3.15B
Overseas Filipino worker (OFW) remittances saw a 2.7% increase to $3.15 billion in January compared to $3.07 billion a year...
