Business sentiment in the Philippines took a hit in the first quarter of 2025, as the overall confidence index (CI) plunged to 31.2 percent from 44.5 percent in the previous quarter, according to the Bangko Sentral ng Pilipinas (BSP).
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets.
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The Securities and Exchange Commission (SEC) on Thursday exercised exemptive relief, allowing companies to go public and offer under an initial public offering (IPO) only 15 percent of their equity structure instead of the mandatory 20 percent.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Wednesday announced that the maximum suggested retail price (MSRP) for imported rice will be reduced anew on 31 March to P45 per kilo, following a continued easing in global rice prices.
The Bangko Sentral ng Pilipinas (BSP) has called on all BSP-supervised financial institutions (BSFIs) to enhance their monitoring systems to prevent the abuse of financial platforms in the upcoming May 2025 elections.