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No let-up in price pressures with forecast February inflation seen as high as 9.3%

The Bangko Sentral ng Pilipinas (BSP) on Tuesday forecasts inflation in February to settle within the range of 8.5 to 9.3 percent. 

NEDA warns against legislated wage hikes

The National Economic and Development Authority (NEDA) said a legislated across-the-board wage hike would be very harmful to the Philippine economy in the longer term.

Smart legal, tax teams already in talks with Makati City Hall; assures uninterrupted services

Smart Communications Inc. said its legal and tax teams are in talks with the Makati City local government over an alleged P3.2 billion tax...

Makati shuts down Smart main office over P3.2-B tax deficiency

The Makati City Government on Monday issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.  Smart has failed...

Local banks on solid footing no matter the economic headwinds – Medalla

Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla has declared the local financial landscape on solid footing, saying the banking system is strong,...

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