Average yields on treasury bills continued to decline at Monday’s auction, driven by expectations of further local monetary easing following the U.S. Federal Reserve’s decision last week to cut interest rates.
Alternergy Holdings Corp., a listed green energy company, is acquiring two wind power projects in Quezon Province—Tayabas North and Tayabas South—from CleanTech Global Renewables...
Century Properties Group Inc. (CPG), led by president and CEO Marco R. Antonio, announced its inclusion in the FTSE Global Equity Index Series (GEIS) - Microcap Index, effective September 22, 2025. The FTSE Microcap Index, part of the globally tracked GEIS, is a benchmark widely used by institutional investors and fund managers.
A recent study by insurance company EastWest Ageas reveals that 82 percent of Filipinos actively work toward income security, while 81 percent prioritize health to avoid costly medical expenses.
ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.
The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.
Southeast Asia needs an estimated USD7.1 trillion in infrastructure investment through 2040, but a shortage of commercially viable projects is preventing governments from mobilizing enough private capital to meet the region’s growing needs, Asian Development Bank (ADB) President Masato Kanda said Saturday.
If the past week's tea leaves had a message, it was this: ay, naku. The economy served up a one-two punch of sluggish growth and runaway prices, then appeared to ask whether we wanted seconds. Monday brought third-quarter GDP growth of 2.1 percent, down from 2.4 percent in the previous quarter and below the 2.8 percent consensus forecast. That marked five consecutive quarters of slowing growth and the weakest performance since the pandemic. October inflation, meanwhile, averaged 7.8 percent. Some wanted the monetary authorities to wield a bigger stick through a jumbo rate hike. Tame prices without choking an already parched economy? Sige, good luck. With stocks around 5,600 and the peso near P64 to the dollar, even sharply cheaper gasoline felt less like salvation than a promo expiring next week.