Aboitiz-Delgado becomes first woman president of Bankers Association of the Philippines
Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.
Philippines weighs looser fuel rules
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.
Oil surge rattles peso, tests policy
The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).
Maharlika Fund eyes Iligan steel revival
The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.
Manufacturers hold prices amid Middle East tension
Manufacturers of basic goods have pledged to keep prices steady for at least 30 days, cushioning consumers from global volatility fueled by ongoing Middle East tensions.
