The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets.
After market...
Average rates for Treasury bills (T-bills) were mixed at Monday’s auction, as market participants anticipated that the Bangko Sentral ng Pilipinas (BSP) is unlikely to resume monetary policy easing after the US Federal Reserve’s decision to hold rates steady.
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.
The Department of Energy (DOE) expects more private companies to invest in rooftop solar after SM Prime Holdings reached 100 megawatts (MW) of installed capacity across its properties.
The Securities and Exchange Commission (SEC) has released a draft rule that would raise the audit threshold for corporations to more than P3 million in total assets or liabilities. The proposal aims to cut compliance costs for micro, small, and medium enterprises.
The Philippines is pushing a four-year plan to modernize its agriculture sector, focusing on better infrastructure, logistics, and irrigation, according to Agriculture Assistant Secretary Arnel De Mesa at the “Canada-in-Asia: Momentum Manila” event. Speaking on behalf of Agriculture Secretary Francisco Tiu Laurel Jr., De Mesa said reducing post-harvest losses is central to improving productivity and food security.