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    BSP opts for a pause in the monetary policy tightening cycle

    The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate unchanged at 6.5 percent, effectively validating market...

    Banks return 80 percent of stolen GCash funds

    Mactan, Cebu—The banks as unwitting recipients of funds stolen from GCash accounts have returned 80 percent or just under P30 million of the estimated...

    ‘A pause in the monetary policy tightening cycle at this point is fraught with risks’

    There had been contrarian views on the subject but on Monday Finance Secretary Benjamin Diokno told reporters he favors keeping the policy rates of...

    March remittances up 3% to $2.97 billion

    Money sent home by millions of overseas Filipinos in March proved 3 percent higher to $2.97 billion from only $2.89 billion last year and...

    Converge mulls sale-leaseback deal for fiber network, plans dividend payout

    With the aggressive fiber network rollout behind it, Converge Information and Communications Technology Solutions Inc. has cut back its capital expenditure budget this year,...

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    Slow trading is radical in fast-money times

    The trading world has turned impatience into a business model. Scroll any social feed and you’ll see promises of instant wins, luxury lifestyles, and financial freedom on demand. Charts blink, testimonials shout, urgency sells—but thought rarely does. In this culture, patience is often seen as a liability rather than a virtue.

    PAL receives first Airbus A350-1000 in Southeast Asia

    The Philippine Airlines (PAL) has taken delivery of its first Airbus A350-1000, becoming the first carrier in Southeast Asia to operate the next-generation widebody aircraft as part of its long-term fleet modernization and global expansion plans.

    Sugar import ban to stay another year

    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.

    ERC clears NGCP’s P12.96B Camarines Sur substation

    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.

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