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Philippines defeats China in curling at Asian Winter Games; faces South Korea in Finals

In a stunning turn of events at the Asian Winter Games in Harbin, the Philippine men’s curling team delivered successive jaw-dropping upsets, defeating powerhouse Japan in the semifinal qualifiers and the host nation, China, in the semifinals.

BSP holds key rates steady amid inflation outlook and global uncertainty

The Bangko Sentral ng Pilipinas (BSP) held steady its target reverse repurchase, or borrowing, rate at 5.75 percent at the monetary policy meeting Thursday and kept the interest rates on the overnight deposit and lending facilities unchanged at 5.25 percent and 6.25 percent, respectively. The decision comes as the central bank monitors the risks surrounding inflation and domestic growth amid heightened global policy uncertainty.

Unicapital recasts stock market forecast to 7,800 points by year-end

Unicapital Inc., one of the leading local brokers, has revised its year-end forecast for the benchmark Philippine Stock Exchange index (PSEi) to 7,800 points, down from the previous estimate of 8,000 points. The adjustment, however, still indicates a notable growth outlook for the market, with a potential 10 percent rise from the current level of 6,529 points.

Singapore Airlines and EastWest Bank partner to boost loyalty rewards

Singapore Airlines (SIA) has entered into a strategic partnership with EastWest Bank to offer exclusive discounts and rewards to EastWest credit cardholders, enhancing the travel experience of its customers.

FPIP Batangas ecozone receives PEZA recognition for water safety plans

The Lopez-led First Philippine Industrial Park (FPIP) in Batangas has earned recognition from the Philippine Economic Zone Authority (PEZA) for its commitment to water safety.

Just in

BCDA courts $50-M European aviation investment, US aerospace plant in Clark

The Bases Conversion and Development Authority (BCDA) is pursuing at least USD50 million in initial investment from a European aircraft maintenance company, alongside a separate US aerospace manufacturing proposal, as it seeks to expand Clark’s role in the aviation industry.

DA acts on FMR data error; launches review and reforms 

The Department of Agriculture (DA) is tightening checks on project details and rolling out system-wide improvements after discrepancies were found in coordinates submitted for farm-to-market road (FMR) projects.

Maynilad-K-Water’s P14.8-B New Clark City project goes uncontested, nears award

A P14.8-billion water supply and wastewater project proposed by Maynilad Water Services Inc. and South Korea’s K-Water for New Clark City has cleared a key hurdle after attracting no competing bid, putting the consortium closer to securing the contract.

BPI Foundation brings financial literacy, digital learning to more public schools

BPI Foundation, the social development arm of the Bank of the Philippine Islands, is broadening its nationwide push to boost financial literacy and digital learning, reaching thousands of students and teachers in underserved communities.
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