Global growth this year, seen as slow and uneven, is forecast to remain well below the 20-year average of 3.8 percent, according to International Monetary Fund managing director Kristalina Georgieva.
The Philippine labor market in August showed significant improvement from July, with the resumption of farm activity and the start of the new school year helping generate more employment for Filipinos, the statistics authority said Friday.
Oil and rice price shocks sending the September inflation rate sharply higher to 6.1 percent are seen dissipating in October when more data is captured reflecting the macroeconomic lay of the land, officials said on Thursday.
Headline inflation accelerated to the upper limit of official forecast and hit 6.1 percent in September and well above market consensus of only 5.3 percent, the Philippine Statistics Authority (PSA) reported on Thursday.
The chairman of the House of Representatives’ ways and means committee expects a new bill providing incentives to San Miguel Corp.’s Bulacan Airport City...
Fintech leader Maya announced it will disable access to gaming sites and apps via its Games feature starting August 16 at 8:00 PM, in compliance with a directive from the Bangko Sentral ng Pilipinas (BSP). The move reflects Maya’s firm commitment to corporate responsibility and regulatory alignment.
Leading digital bank Maya has partnered with the Philippine Sports Commission (PSC) in a strategic initiative to modernize the country’s sports ecosystem through digital innovation and financial empowerment.
Cebu Pacific (PSE: CEB) reported a modest increase in passenger traffic for July 2025, traditionally a low-demand period for the airline sector, highlighting the Gokongwei-led carrier’s resilience amid shifting travel patterns and seasonal headwinds.
Cash remittances from overseas Filipinos rose by 3.7 percent year-on-year to US$2.99 billion in June 2025, up from US$2.88 billion in the same month last year, according to data released by the Bangko Sentral ng Pilipinas (BSP).