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Inflation edges higher on housing, education

Headline inflation in the Philippines rose to 1.4 percent in June, up from May’s six-year low of 1.3 percent, driven by increased housing and utilities costs—especially electricity—and a seasonal increase in education services following the start of classes. 

T-bill rates mixed at auction ahead of BSP policy meeting

Treasury bill (T-bill) rates were mixed in Monday’s auction, mirroring movements in the secondary market as investors awaited the Bangko Sentral ng Pilipinas’ (BSP)...

T-Bill yields ease as inflation continues to cool

Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.

Treasury bill yields steady at auction Monday

Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy. The May...

BSP sees May inflation slowing further, signals cautious policy path

Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.

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BPI clears merger to strengthen digital banking

The Bank of the Philippine Islands (BPI) has secured final regulatory approvals to merge two of its thrift banking subsidiaries, a move that underscores the lender's push to streamline operations, strengthen capital efficiency, and sharpen its digital banking strategy.

DOE urges dedicated power for Pax Silica data hub

The Department of Energy (DOE) is urging the proposed Pax Silica development to build its own power plant instead of drawing electricity from the Luzon Grid, warning that the project's massive energy demand could strain the country's main power network if left unaddressed.

Kia expands SUV lineup, keeps balanced vehicle strategy

Kia Philippines is expanding its product lineup with more sport utility vehicles while maintaining a balanced mix of internal combustion engine, hybrid and electric vehicles, reflecting a strategy that aligns with the realities of the Philippine market rather than a rapid transition to full electrification.

Business leaders praise Marcos anti-graft push, seek reforms

Business leaders welcomed President Ferdinand R. Marcos Jr.'s renewed anti-corruption drive in his fifth State of the Nation Address, saying a stronger crackdown on graft could improve investor confidence, while urging the administration to match its message with reforms that make the Philippines more competitive.

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