Sunday, 08 February 2026, 12:11 pm

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    US Fed holds rates, awaits impact of policy changes

    The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.

    Philippines rice imports expected to drop in Q1

    The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

    SMIC quietly evaluating data center investment amid reluctance from foreign hyperscalers

    SM Investments Corp. (SMIC) is cautiously exploring the potential for launching a data center business of its own in Batangas although the company faces significant challenges due to foreign hyperscalers’ hesitance to come and experience the Philippine market. Despite the tantalizing prospects of such an investment, SMIC is wary of committing fully without addressing key external factors influencing a favorable decision.

    Maynilad seeks P49B capital funds under record IPO bid

    Maynilad Water Services, Inc. ("Maynilad") on Monday filed with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) its proposed initial public offering (IPO), marking a milestone in the company’s growth strategy.

    Personal remittances steadily rise in January to USD3.24B

    Personal remittances from overseas Filipinos (OFs) rose by 2.9 percent to USD3.24 billion in January 2025, compared to USD3.15 billion in the same period last year, marking a steady increase despite global economic challenges. This uptick in remittances, which are a critical driver of the Philippine economy, reflects the continued resilience of both land-based and sea-based Filipino workers abroad.

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