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

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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

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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

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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

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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

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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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Cisco and NVIDIA make AI infrastructure practical 

Communications & Technology 0
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

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Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Transport & Logistics 0
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Communications & Technology 0
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.

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