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Lending standards among banks broadly unchanged in BSP survey 

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The various banks have neither tightened nor loosened their lending standards on loans to households or businesses in the first three months of the...

BSP forecasts April inflation to remain elevated

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Inflation, which has moderated from its January peak of 8.7 percent in subsequent months, is forecast to moderate even further in April. According to the...

Portfolio money left the Philippines in 1Q

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More foreign investments have flown out than have poured inward in the first three months of the year, based on latest data from the...

Conglomerates resubmit P100 billion proposal to upgrade NAIA

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Six of the country’s biggest conglomerates have consolidated and submitted an unsolicited proposal to rehabilitate and upgrade the Ninoy International Airport. The more than P100...

Digital economy valued at P2.08 trillion in 2022

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The digital economy in 2022 aggregated P2.08 trillion, around 9.4 percent of the country's gross domestic product, according to a pilot study done by the Philippine Statistics Authority. The...
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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

Trade & Investments 0
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.

New 8-car EMU trainset delivered for North-South Commuter Railway

Transport & Logistics 0
The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.

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