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Fitch reaffirms PH credit rating, citing inflation gains and stable outlook
International credit watchdog Fitch Ratings has reaffirmed the Philippines’ long-term foreign currency issuer default rating at “BBB” with a stable outlook, citing the government’s effective monetary policy and macroeconomic resilience, especially in curbing inflation.
Meralco Q1 income up 9% to P10.45B
Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.
Telco stakeholders warn of national security risks in proposed bill
The Philippine Association of Private Telecommunications Companies (PAPTELCO) has echoed the Philippine Chamber of Telecommunications Operators (PCTO) in raising red flags over the national security and regulatory risks posed by Senate Bill No. 2699, also known as the Konektadong Pinoy bill.
Gov’t 1Q foreign borrowings surge 119%, signaling expansionary economic policy
The Bangko Sentral ng Pilipinas (BSP) approved USD6.29 billion in proposed public sector foreign borrowings in the first quarter of 2025, marking a sharp 118.91 percent increase from USD2.87 billion during the same period last year.
BTr raises ₱300B in landmark 10-year FXTN offering
The Bureau of the Treasury's (BTr) inaugural 10-year benchmark fixed-rate Treasury notes (FXTNs) has successfully raised ₱300 billion from a diverse base of institutional investors.
