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Inflation eases to 5.4% in June, slowest since May 2022

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Prices of consumer goods in the country eased further in June, an added incentive for the Bangko Sentral ng Pilipinas to again keep policy...

“15 years should be enough for winning NAIA bidder to recover investments”

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Boosting the facilities of the Ninoy Aquino International Airport (NAIA) on even footing with peers around the world requires a rehabilitation or concession program...

Moody’s unit projects sharply lower inflation in June

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Moody’s Analytics, the financial intelligence and analysis arm of global credit watcher Moody’s Investor Service, forecasts inflation at only 5.3 percent in June, sharply...

Half of all retail transaction no longer cash based by yearend – BSP

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Retail transactions completed in the digital sphere is on track towards the yearend target of 50 percent having already averaged 42.1 percent a month...

Philippines gross savings rise 26.6% In 2022

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The country’s gross savings reached P4.90 trillion in 2022, a 26.6 percent growth from 2021 when total savings dropped from the previous year due...
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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

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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.

President Marcos secures $75M India pledges targeting rural health, digital rails

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President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Transport & Logistics 0
Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

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