Saturday, 16 August 2025, 11:38 pm

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    Headline inflation slows to 16-month low 4.7% in July; core inflation slips to 6.8%

    Prices of consumer goods and services eased further in July, with headline inflation decelerating to a 16-month low 4.7 percent due mainly to a...

    Aboitiz plans reallocating bond sale proceeds to help fund Coca-Cola acquisition

    Aboitiz Equity Ventures Inc. on Thursday bared plans of reallocating the proceeds of its P17.45 billion bond sale to fund the acquisition of Coca-Cola...

    Aboitiz group acquiring the franchise to bottle Coke in PHL

    Aboitiz Equity Ventures Inc. (AEV) on Wednesday bared acquiring the rights to bottle Coca-Cola products in the Philippines for $1.8 billion.  AEV and Coca-Cola Europacific...

    Monetary Board member expects BSP to start cutting rates in early 2024

    Even as inflation starts to decelerate towards the 2 percent to 4 percent target range of the Bangko Sentral ng Pilipinas, a member of...

    DA bares depleted rice buffer; G2G import plan likely with India

    The Department of Agriculture (DA) on Monday acknowledged depleted rice buffers and bared the need to decide within the week whether a government-to-government (G2G)...

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    BSP unveils art exhibit on culture and capital

    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.

    Public-private pact powers Bacolod Rum Festival

    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.

    “We Are Not in Batanes”

    “We are not in Batanes,” said KONE Philippines managing director Peterri Kyrklund, contrasting the serene, undeveloped landscapes of the northern Philippine province with the rapidly urbanizing cities across the region. The quip came as KONE emphasized the pressing need to modernize aging vertical transport infrastructure in Asia-Pacific.

    Palay prices begin to rise ahead of Marcos import ban

    Farm gate prices of palay have begun to rise in nearly half of the country’s key rice-producing regions, just a week after President Ferdinand Marcos Jr. announced a two-month suspension of rice imports starting September 1.

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