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    PDEX poised to launch peso interest rate hedge for banks

    The Philippine Dealing and Exchange Corp. (PDEX) is set to introduce a new derivative product next week, marking a significant development in the country’s fixed-income market.

    Agriculture struggles: Economic decline in Q4 2024 and full year performance

    Agricultural production in the Philippines fell by 2.2 percent in the fourth quarter of 2024, marking a reversal from the 0.9 percent increase seen in the same period last year.

    ADB invests $100M to power Ayala Corporation’s electric mobility vision in PH

    The Asian Development Bank (ADB) has secured a financing package of up to USD100 million to support Ayala Corporation’s efforts to build a sustainable electric mobility ecosystem in the Philippines. The funding will be directed towards the procurement and installation of electric vehicle charging stations (EVCS) and the purchase of electric vehicles for commercial use, accelerating the country’s transition to cleaner transportation.

    Monetary Board approves $3.21B public sector foreign borrowings in 4Q 2024

    The Bangko Sentral ng Pilipinas (BSP) has approved USD3.21 billion in medium- to long-term foreign borrowings for the public sector in the fourth quarter of 2024.

    Sweet scams: Kaspersky sounds the alarm on copycat chocolate fraud

    Dubai’s iconic chocolate is increasingly tantalizing taste buds worldwide, but the soaring demand has also attracted a darker side: cybercriminals.

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