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 Manila Electric Company (Meralco) and the Department of Energy (DOE) are encouraging businesses to adopt energy-saving practices to help manage electricity costs and maintain grid stability, especially during the dry season and ongoing geopolitical tensions in the Middle East.
Telecommunications company Globe Telecom has expanded its 5G network and upgraded mobile infrastructure across Rizal Province to improve connectivity for residents, businesses, and tourists.
President Ferdinand Marcos Jr. inspected key farm facilities and a new road project in Isabela aimed at improving food supply and increasing farmers’ earnings.
TNT, the budget-friendly brand of Smart Communications, has introduced a new feature called “For You Po” to help users easily find mobile promos that fit their needs.