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Sullen consumers prevail over cheery patrons in latest BSP survey

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Consumer confidence remained pessimistic under latest survey conducted by the Bangko Sentral ng Pilipinas (BSP) in the second quarter (2Q) this year, with the...

BSP holds policy rate steady a second time

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The policy-making Monetary Board on Thursday held the rate at which it borrows from banks steady at 6.25 percent, the second such pause in...

Consortium proposes unsolicited P267-billion redevelopment of NAIA

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The Manila International Airport Consortium on Monday unveiled the P267-billion masterplan for the redevelopment of the Ninoy Aquino International Airport, an unsolicited proposal that...

Banks rated most expensive channel for remitting overseas earnings – World Bank

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Banks are the most expensive channels of remitting one’s overseas income and typically charge 11.8 percent for sending $200 to families back home, far...

Investment in infra development to boost tourism

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Investment in infrastructure development is crucial in further developing the tourist destinations as tourism bounces back from the pandemic and aims to increase its...
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US probe tests ASEAN trade balance

Trade & Investments 0
The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.

ASEAN urged to keep trade flowing

Trade & Investments 0
The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.

Possible power rate increase of P2–P4/kWh next month – ERC

Energy & Mining 0
The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).

Scam Watch welcomes a sharp legal mind to fight investment scams

Communications & Technology 0
When it comes to spotting investment scams, Atty. Joanne L. Ranada has spent much of her career reading between the lines — and occasionally between the loopholes.

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