The peso and Philippine equities continued to face mounting pressure as investors grappled with persistent inflation concerns, global market volatility, and cautious sentiment over the domestic outlook.
Despite rising global inflation and mounting geopolitical risks, Jollibee Foods Corp. is determined not to compromise on product quality or portion sizes, even as it navigates higher operating costs.
Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.
Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.
Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.
Philippine National Bank (PNB) has announced that Mark Gieron De Mesa, head of wealth solutions, has been included in Citywire Asia’s Top 25 ASEAN Selectors 2026 list. He is one of eight Filipino professionals recognized this year for excellence in fund selection and portfolio management across the region.
In Bacolod City, Negros Occidental, Tubig Pilipinas Foundation Inc. (TPFI) has officially partnered with National University (NU) Bacolod through Project KINABUKASAN, an initiative created to help qualified students from host communities earn college degrees and build careers within their home region. Under this agreement, two scholars from Barangays Abo-Abo and Caliban in Murcia, Negros Occidental will receive full tuition coverage, education allowances, and academic support for courses linked to community and national development, such as Civil Engineering, Architecture, Accountancy, and Computer Science.
The Philippine automotive industry's shifting landscape was on full display at the 10th Philippine International Motor Show (PIMS), where electrified vehicles and the growing presence of Chinese automakers emerged as the event's dominant themes.
The Philippine Economic Zone Authority (PEZA) is positioning itself to capture a larger share of Southeast Asia's fast-growing electric vehicle (EV) supply chain, with Vietnam's VinFast emerging as a potential new investor as Indonesian automotive manufacturers expand their presence in Philippine economic zones.