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Philippines, Denmark deepen ties vis development financing

The Philippines and Denmark have signed a new financing cooperation agreement aimed at unlocking investments for infrastructure, renewable energy, climate action and other priority sectors, reinforcing Manila's push to tap global partnerships to Jo support long-term economic growth.

Asiabest eyes bigger infrastructure platform assets deals 

Asiabest Group International Inc. (ABG) is asking shareholders to back a pair of multibillion-peso acquisitions that could fast-track its transformation from a listed holding firm into a broader infrastructure and property player.

DLSU launches Japan Festival Week to celebrate 70 years of friendship

Japanese Ambassador Endo Kazuya marked the opening of the De La Salle University (DLSU) Japan Festival Week today, kicking off a week-long celebration dedicated to the 70th anniversary of diplomatic and cultural relations between Japan and the Philippines.

ACMobility powers bigger push for electric public transport 

ACMobility and Basic Energy Corp. are fast tracking the country's electric vehicle transition by joining forces to build a nationwide charging network for electric buses in a move that could remove one of the biggest roadblocks to cleaner public transportation.

World Bank-funded agri infrastructure gets DA green light

The Department of Agriculture (DA) has cleared over P2.06 billion worth of farm-to-market roads (FMRs) and bridges for construction across six provinces, aimed at cutting logistics costs and helping farmers and fisherfolk reach markets more easily.

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Moody’s projects inflation to return to target range by 2027-2028 as BSP earns high marks

The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.

Court orders arrest of VP Duterte

A Quezon City Regional Trial Court has issued an arrest warrant for Vice President Sara Duterte over three counts of grave threats against President Ferdinand Marcos Jr., First Lady Lisa Marcos, and former House Speaker Martin Romualdez, the Department of Justice said Friday. The DOJ said the warrant means the court found probable cause against Duterte. Bail was set at P120,000 for each count. Duterte earlier asked the court to defer or recall the warrant. The case stemmed from public threats the VP issued against the 3. The grave threat is also among the charges in the impeachment complaint versus the Vpz

Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

Cool-down in August inflation offers brief respite, not policy pivot – analyst 

The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.
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