Inflation, weak growth test BSP’s next policy move
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
PAL raises additional $50 million to fund fleet upgrade and route expansion
The Philippine Airlines, Inc. (PAL), led by the Lucio Tan group, is raising an extra $50 million to support its fleet modernization efforts and expand its international flight network.
GSIS net income jumps 28%, gains go straight to members
The Government Service Insurance System (GSIS) earned P94.75 billion in the first half of 2026—up nearly 28 percent year-on-year—with total assets rising to P2.05 trillion. Operating costs stayed very low, so 94 centavos of every peso spent went directly to benefits and claims.
Central bank projects inflation no higher than 6.6% in July
The Bangko Sentral ng Pilipinas projects inflation will fall between 5.6 percent and 6.6 percent. The range reflects competing forces shaping the economy.
The green revolution could leave wildlife in the red
The world needs more minerals to build electric vehicles, solar panels and batteries. But a new study warns that the rush to dig them...
