The Bangko Sentral ng Pilipinas (BSP) on Thursday took a decisive step in its monetary policy, cutting its key interest rate by 25 basis points to 5.75 percent, signaling a shift toward a more accommodative stance to support the economy.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. said Thursday that the proposal by congressmen to declare a “rice emergency” is a positive step toward addressing the persistently high prices of rice despite recent government efforts to stabilize the market.
AirAsia Philippines announced on Thursday that it is ready to accommodate over 300,000 passengers during the peak holiday season, spanning 16 December to 6 January 2025.
Converge ICT Solutions Inc., a leading fiber broadband and technology provider, is stepping up its sustainability efforts with the launch of "Countdown to Zero Waste 3.0," a new phase of its group-wide waste management campaign.
SM Prime Holdings Inc., the listed property arm of the SM Group, said its proposed fixed-rate bond has secured a credit rating of PRS Aaa, the highest measure of creditworthiness by Philippine Rating Services Corp.
There are few things in life that can transform a perfectly reasonable Filipino into an aggrieved Elizabethan actor quite as quickly as a traffic dispute. The most demure women become tigresses. Soft-spoken gentlemen discover that their vocal cords have capabilities they never knew existed. People who would ordinarily apologize when someone steps on their shoes suddenly develop an unshakable conviction that the entire road system has been personally entrusted to their care. And the language. My goodness, the language.
Aboitiz Equity Ventures Inc. (AEV) reported a 54 percent drop in third-quarter net income to P4.1 billion from P8.9 billion a year earlier, limiting nine-month earnings growth despite stronger contributions from power and banking.
For Chef Josh Boutwood, the recipe for keeping a pair of Michelin stars is surprisingly unglamorous. No dramatic reinvention. No culinary stunt. Just a team showing up every day and refusing to let standards slip.
The Bureau of Internal Revenue (BIR) is accelerating digitalization and audit reforms to cut the cost of tax compliance, improve investor confidence and support the Philippines’ industrial expansion.