Dovish Fed, easing inflation may anchor BSP stance
The Bangko Sentral ng Pilipinas (BSP) may find further justification to hold policy rates steady—or tilt more dovishly—as global markets digest a wave of economic data next week, amid lingering effects of the U.S. Federal Reserve’s dovish tone from the Jackson Hole Symposium.
DA bats for global “Bicol Cacao” brand at regional congress
Agriculture Secretary Francisco P. Tiu Laurel Jr. is pushing to position “Bicol Cacao” as a globally recognized brand, citing the region’s ideal conditions and increasing recognition for premium beans and chocolate.
Lender boosts loan program with special rates, perks
The Bank of the Philippine Islands (BPI) is reinforcing its commitment to empowering Filipinos by enhancing accessibility to its services. Through its suite of retail loan products, BPI is helping make vehicle, home, and motorcycle ownership more achievable while offering special anniversary rates, waived fees, and exclusive partner discounts.
AllHome 1H profit plunges on weak property demand
AllHome Corp., the retail and wholesale arm of the Villar Group, reported a steep decline in profit for the first half of the year, citing soft demand for construction and furnishing products amid a sluggish real estate market.
Fed chair Powell hints at September rate cut
Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.
