BSP begins easing cycle with a rate cut to support growth
The Bangko Sentral ng Pilipinas (BSP) has lowered its benchmark interest rate by 25 basis points to 5 percent, marking the central bank’s first rate cut of the year and signaling a shift toward a more accommodative monetary policy stance.
SMC Tollways reports steady profit, accelerates TR4 construction
SMC Tollways Corp., a unit of San Miguel Corporation, reported a 3 percent increase in net income to ₱4.9 billion for the first half of 2025, up from ₱4.8 billion year-on-year.
NFA to auction 60,000 MT of aging rice amid import ban
The National Food Authority (NFA) on Thursday announced plans to auction up to 60,000 metric tons of aging rice stocks starting next month through October to prevent spoilage, free up storage space, and stabilize supply during a two-month rice import suspension.
Toyota remits ₱24B in duties, leads Batangas Port collections
Toyota Motor Philippines Corp. (TMP), a unit of GT Capital Holdings Inc., has been recognized as the top customs revenue contributor to the Bureau of Customs-Port of Batangas for the first half of 2025.
ACEN expands global renewable push, eyes projects outside PH
Ayala-led ACEN Corp. is ramping up its international renewable energy investments, with a strategic focus on Australia, Vietnam, and Lao PDR, as part of its corporate goal to grow clean energy capacity and enhance its global commercial footprint.
