Top News

UN backs new map to correct global size distortion

The world could soon look different in classrooms, newsrooms, and digital platforms after the United Nations backed a push to replace the familiar Mercator map with projections that more accurately show the relative size of countries and continents.

Moody’s projects inflation to return to target range by 2027-2028 as BSP earns high marks

The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.

Business sentiment dips as high oil prices and inflation fears weigh heavy

Business owners have grown increasingly worried about the country’s economic path, with corporate confidence plunging sharply into negative territory this July. According to the latest Business Expectations Survey by the Bangko Sentral ng Pilipinas (BSP), the overall confidence index dropped to -20.3 percent from a neutral standing in June. This sudden shift marks a significant downturn in how local companies view their immediate operations, driven largely by rising global oil prices, escalating tensions in the Middle East, and stubbornly high domestic inflation.

August inflation eases, but price pressures remain

Philippine inflation eased to a five-month low of 6.1 percent in August, offering some relief after prices accelerated sharply earlier this year, but the reading remained elevated enough to underscore the Bangko Sentral ng Pilipinas’ decision to raise interest rates last week.

Makati Business Club warns growth may miss targets

The Philippine economy faces the mounting risk of falling short of official state growth targets this year, the Makati Business Club warned.

Popular

Subscribe

spot_img