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Moody’s unit forecasts slower July inflation of only 5.2 percent 

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Moody’s Analytics, the data analysis and financial intelligence subsidiary of Moody’s Corp, on Monday projected inflation in the Philippines to moderate further to 5.2...

IMF projects slower growth across ASEAN 5 this year

Top News Jun Vallecera Jun Vallecera -
Growth across the ASEAN 5, which includes the Philippines, is forecast from last year’s estimated output of 5.5 percent to around 4.6 percent, according...

Bank loan rates steady in 2Q

Banking & Insurance Context.ph Context.ph -
The bulk of banks surveyed by the Bangko Sentral ng Pilipinas (BSP) in the second quarter have kept their loan rates steady when analyzed...

Foreign funds exited the country in the first six months

Top News Jun Vallecera Jun Vallecera -
Opportunistic foreign-held portfolio investments were uprooted from placements in listed stocks and local currency-denominated securities in the first six months this year and repatriated...

Malacañang tells Bersamin to discover why power plant impact studies take long to obtain approval

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President Ferdinand Marcos Jr. is interested on why it takes the privately-owned National Grid Corporation of the Philippines (NGCP) up to two years and...
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Hawkish Fed, $100 oil keep peso, PSEi under pressure

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The Philippine peso and stocks could remain volatile this week as a hawkish US Federal Reserve, crude oil prices above USD100 a barrel and heightened Middle East tensions keep investors cautious.

DA indefinitely suspends raw ube exports to secure planting materials

Agriculture 0
The Department of Agriculture (DA) has indefinitely suspended exports of fresh purple yam, or ube, to shore up scarce planting material as the Philippines seeks to expand domestic production and turn the crop into a bigger export earner.

Mynt IPO likely to price below P10, analysts say

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Mynt Inc., the company behind leading fintech platform GCash, may see its upcoming initial public offering (IPO) priced below the stated P10 indicative level, according to market analysts.

Aznar Shipping files IPO to fund expansion

Corporate 0
Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

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