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.
AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of Ayala Land Inc., reported an 86 percent drop in net income to ₱81 million for the first nine months of 2025, down from ₱617.5 million a year earlier, as demand for industrial land weakened.
Grab Philippines and MOVE IT, in partnership with the Department of Information and Communications Technology (DICT), have opened the Asenso Center in Marikina City—the first livelihood hub of its kind in Grab’s Southeast Asia network.
Oil and gas firm PXP Energy Corp. reported a net loss of ₱32.8 million for the first nine months of 2025, almost double last year’s ₱17.8 million for the same period.
President Ferdinand R. Marcos Jr. has signed Republic Act No. 12312, also known as the Anti-POGO Act of 2025, formally banning Philippine offshore gaming operators (POGOs) across the country.