Price dynamics pitting fuel, electricity and key agricultural commodities on one hand and a weaker peso on the other are at work in September making inflation barely changed during the month at a best-case Bangko Sentral ng Pilipinas (BSP) inflation forecast of 5.3 percent.
The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.
Cebu Air Inc. on Thursday bared plans to order narrow body aircraft from US aircraft manufacturer Boeing as part of its risk management options and to "diversify risk" in the wake of issues arising from Pratt and Whitney (P&W) engines.
A come-from-behind victory Wednesday by Alex Eala sent the Filipina tennis star to the semifinals of the women’s singles, guaranteeing her a podium finish and the country its first medal in the sport for the first times in 17 years.
Olympian skateboarder Margielyn Didal failed on Wednesday to defend her Asain Games gold medal, with an apparent injury to her ankle that sent her crashing to eighth and last spot of the event.