
BSP hikes rates again, cites risks outside Gulf
The Bangko Sentral ng Pilipinas (BSP) has continued its tightening bias, hiking its key policy rate by another 25 basis points amid persistent upside risks to…
· 2 MIN READ
Topic

The Bangko Sentral ng Pilipinas (BSP) has continued its tightening bias, hiking its key policy rate by another 25 basis points amid persistent upside risks to…
· 2 MIN READ

Inefficient electricity services and high power costs are the biggest disincentives to investment, worsened by highly politicized supply distributors outside…
· 5 MIN READ
The Philippine Economic Zone Authority (PEZA) has anticipated the energy needs of locators operating factories inside its economic zones and has tapped power…
· 3 MIN READ
The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
· 2 MIN READ

The Philippine Stock Exchange Inc. (PSE) reported a 19.8 percent increase in first-half net income to P608.38 million from P508.03 million a year earlier,…
· 2 MIN READ

Only 14.3 percent of Philippine respondents said they were very confident in the ability of the next generation to handle family wealth, compared with 16.7…
· 2 MIN READ

Security Bank Corp. reported P6.1 billion in net income for the first half of 2026, up 4 percent year-on-year, as stronger revenues, improved operating…
· 2 MIN READ

Banking remained SM Investment Corp.’s largest earnings contributor, accounting for 47 percent of group net income, followed by property at 27 percent, retail…
· 2 MIN READ

Pag-IBIG Fund posted a record P41.35 billion in net income in the first half of 2026, up 24 percent from the same period last year, driven by sustained…
· 2 MIN READ

Filinvest Land Inc. (FLI) posted a 4 percent increase in net income to P2.21 billion in the first half of the year, as reservation sales jumped 50 percent and…
· 1 MIN READ

LT Group Inc. (LTG) saw its attributable net income rise 14 percent to a record P17.03 billion in the first half of 2026, driven mainly by higher earnings from…
· 3 MIN READ

Former Finance and Trade Secretary Cesar V. Purisima was recognized by Japan for his role in strengthening economic and financial ties between the two…
· 2 MIN READ

The House Committee on Ways and Means on Monday, 10 August, approved a measure seeking to raise the annual income tax exemption threshold from P250,000 to…
· 2 MIN READ

Universal Robina Corporation (URC) grew its second-quarter profit by 10 percent as strong demand for its branded food products and animal nutrition business…
· 1 MIN READ

Philippine inflation slowed for a third straight month to 6.2 percent in July from 6.4 percent in June, as improved fuel supply conditions helped temper…
· 2 MIN READ

The Philippines’ newfound upper-middle-income country (UMIC) status is unlikely to have a tangible impact in the near term, according to risk management firm…
· 2 MIN READ

Maynilad Water Services Inc. grew its first-half net income by 14 percent to P8.51 billion as stronger operations, higher water sales and improving network…
· 2 MIN READ

The Philippines has officially entered the ranks of upper-middle-income economies, but the next challenge is sustaining growth and accelerating reforms to…
· 2 MIN READ