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In a notable reversal, the country's balance of payments (BOP), or what is left after the country's foreign currency denominated obligations are deducted from its earnings, reverted to a surplus of USD3.1 billion in February, contrasting sharply against the USD196 million deficit recorded in the same month last year.

The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.

The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

SM Investments Corp. (SMIC) is cautiously exploring the potential for launching a data center business of its own in Batangas although the company faces significant challenges due to foreign hyperscalers’ hesitance to come and experience the Philippine market. Despite the tantalizing prospects of such an investment, SMIC is wary of committing fully without addressing key external factors influencing a favorable decision.

Maynilad Water Services, Inc. ("Maynilad") on Monday filed with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) its proposed initial public offering (IPO), marking a milestone in the company’s growth strategy.