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April inflation data consistent with elevated near term outlook – BSP

The April inflation outturn of 6.6 percent is within forecast range of 6.3 to 7.1 percent, consistent with the overall assessment that inflation will...

Cebu Pacific returns to profitability as travelers take to the skies in droves

Cebu Air Inc., the budget carrier of the Gokongwei Group, said Friday it returned to profitability in the first quarter, recording a net income...

Large one-off gain last year undermines Globe 1Q earnings 

Globe Telecom Inc., the second largest telecom company in the country, said Friday its first quarter net income dropped 47 percent to P7.3 billion...

ABA 2022 net income exceeds target

AbaCore Capital Holdings Inc., a holding company involved in real estate, tourism, mining, and finance, reported consolidated net income of P2 billion in 2022,...

Inflation decelerates in April to 6.6% on lower food, electricity prices

Lower prices of food, electricity, and cooking gas helped further slow down headline inflation in April to 6.6 percent, extending a deceleration that started...

Just in

Fish, finance, fortune: Alsons Development’s inclusive catch

Alsons Development and Investment Corp. (Alsons Dev) is flipping the script on Philippine aquaculture.

Philippines secures €200M for blue economy

The Philippines has secured €200 million in development financing from KfW Development Bank to protect marine ecosystems and expand economic opportunities for coastal communities.

Australia pushes Philippine growth in key sectors

Australia is stepping up its economic engagement with the Philippines, launching a new business mission on March 18 focused on high-impact industries poised to drive the next wave of bilateral growth.

Australia strengthens trade and education ties with PH

Australian Assistant Minister Matt Thistlethwaite visited the Philippines on Wednesday to lead a business mission aimed at boosting trade and investment between Australia and Southeast Asia.
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