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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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Eala trades clay dust for grass glory

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If clay courts are a slow-burn chess match, grass is a drag race—and Alex Eala arrived at the starting line with her foot firmly on the accelerator.

MGB: PH mining up 28.6% in 1Q, bright 2026 outlook seen

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The Mines and Geosciences Bureau (MGB) forecasts a favorable 2026 for the mining sector, driven by strong global demand for energy transition minerals and steady commodity prices.

Discovery Capital secures loan to widen reach, boost financial inclusion

Banking & Insurance 0
Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.

EastWest Bank expands priority banking for affluent clients amid strong growth

Banking & Insurance 0
East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.

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