Tag: foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver its third interest rate cut of 2025 later this week, trimming the benchmark rate by 25 basis points to 5 percent. Analysts cite a stable peso, subdued inflation of below one percent, and the need to support domestic demand in a sluggish global environment as key drivers of the anticipated move.

Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.

From the first strike of the ball, Alex Eala...

The Department of Information and Communications Technology (DICT) announced on Sunday that it will spearhead the drafting of the implementing rules and regulations (IRR) for the newly enacted Konektadong Pinoy Act, a landmark law aimed at delivering universal, reliable, and affordable internet access to all Filipinos.