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.
Iloilo is no longer merely an alternative to Metro Manila and Cebu. It is increasingly becoming a destination in its own right for businesses seeking growth, talent, and room to expand, according to a new Colliers Philippines market report.
The Clark International Airport Corporation (CIAC) has delivered a major financial boost to the country by remitting a record-breaking ₱585.71 million in dividends to the National Treasury.
Global digital business services provider TP is deepening its investment in the Philippines with the opening of its 29th local site, reinforcing confidence in the country's position as a leading hub for IT-business process management (IT-BPM) and AI-enabled customer experience services.
Converge ICT Solutions Inc. will provide enterprise-grade connectivity to Miriam College as the institution marks its 100th year, supporting its shift to a smart campus.