The pass-through effect of the Philippine central bank's series of rate hikes since 2022 has been "quite significant", a senior Bangko Sentral ng Pilipinas official said on Friday.
Reuters - Prices of parboiled rice exported from top hub India jumped to their highest level in four months this week, while strong demand and shrinking supplies supported rates for the Thai variety.
Citigroup is planning to lay off around 20 equity researchers in Asia Pacific as part of its global overhaul, a person with direct knowledge of the matter said.
Vietnamese coffee prices extended gains this week as farmers refused to sell beans in hopes of better prices amid shipping disruptions, while Indonesian premiums fell, traders said on Thursday.
Google on Wednesday rolled out an AI-powered feature in the United States that will allow users to search with an image and text simultaneously using their mobile phones.
The Bangko Sentral ng Pilipinas (BSP) honored ten outstanding institutional partners from the Visayas during the 2025 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC), underscoring the critical role of collaboration in achieving a stable, inclusive financial system.
ACEN Corp. has invested P1.9 billion in its affiliate, Natures Renewable Development Corp. (NAREDCO), through the subscription of 419,690 redeemable preferred shares priced at P4,527.16 each.
Union Bank of the Philippines, the banking arm of the Aboitiz Group, has approved a capital infusion of up to P1.5 billion into its thrift bank subsidiary, City Savings Bank Inc. (CitySavings), to support the latter’s continued expansion and operational needs.
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.