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BSP opts for a pause in the monetary policy tightening cycle

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The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate unchanged at 6.5 percent, effectively validating market...

China Bank earns prestigious citation

Banking & Insurance Context.ph Context.ph -
The prestigious business publication The Asset has cited China Bank’s Manila branch best bank for renminbi transactions in 2022. The Asset is a widely recognized...

Airline tickets seen lower as CAB recalibrates fuel surcharge

Transport & Logistics Context.ph Context.ph -
The Civil Aeronautics Board (CAB) on Thursday says airfares are likely to drop further next month on lower fuel surcharge.  CAB executive director Carmelo Arcilla says...

Globe completes closing on sale of 431 towers worth P5.5 Billion

Corporate Context.ph Context.ph -
Transport/CommsGlobe Telecom Inc. said Thursday it completed the third closing and official handover of 431 towers to Frontier Tower Associates Philippines Inc.The towers were...

Chevron, BLC secure energy security with new lease agreement

Energy & Mining Context.ph Context.ph -
Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, and Batangas Land Company, Inc. (BLC) have signed a memorandum of understanding (MOU) to...
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Travellers International expands portfolio to 3,000 rooms

Travel & Tourism 0
Travellers International Hotel Group Inc. is charging hard into a major hospitality expansion, scaling its portfolio to nearly 3,000 room keys as new developments at Newport World Resorts and the massive Westside project in Entertainment City come online.

EMS Group boosts capacity to fuel AI boom

Trade & Investments 0
Artificial intelligence is pushing local manufacturing to the limit. Electronics manufacturing giant EMS Group is rolling out an aggressive, multi-year capacity expansion to keep pace with skyrocketing demand for artificial intelligence hardware.

Peso, stocks brace for volatile week ahead

Markets 0
The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Taiwanese manufacturer puts $1.5B into Clark

Trade & Investments 0
A Taiwanese manufacturing company is committing up to USD1.5 billion to build a major facility in New Clark City, bringing a potentially large export and jobs boost to the Philippines’ industrial sector.
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