The Securities and Exchange Commission (SEC) is poised to implement new guidelines aimed at bolstering the capital markets while enhancing investor protection.
Finance Secretary Ralph G. Recto on Monday hailed the P6.326 trillion budget for 2025 as the government's most potent tool to drive economic growth and deliver substantial benefits to Filipinos. Signed into law only today, the 2025 General Appropriations Act (GAA) marks a 9.7 percent increase from the previous year, representing 22 percent of the country's projected GDP.
Outstanding loans granted by the foreign currency deposit units (FCDUs) of Philippine banks reached USD15.75 billion, marking a 0.7 percent rise from the previous quarter and a 1.6 percent year-on-year increase.
The Philippine Stock Exchange (PSE) closed out 2024 on a high note, marking the first year-on-year gain since before the pandemic, as investors gained confidence despite external and internal challenges. The benchmark index, the PSEi, finished at 6,528.79 points, up 78.75 points or 1 percent from its 2023 close of 6,450.04 points, signaling a promising return to growth.
Foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) saw a significant rebound in November 2024, with net inflows of USD96.59 million, reversing the previous month's USD529.68 million net outflows.
The Singapore Airlines (SIA) Group has reinforced its commitment to decarbonisation by signing two key agreements for sustainable aviation fuel (SAF), highlighting the growing corporate and commercial significance of renewable fuels in global aviation.
Tourist arrivals in the Philippines experienced a modest decline in the first four months of 2025, totaling 2.10 million visitors compared to 2.12 million during the same period last year, data from the Department of Tourism showed.
Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona, Jr. warned that trade shocks pose a deeper challenge to economic stability than typical supply shocks, citing their longer-lasting effects on investment and growth.
Major Maria Theresa Babiera of the Philippine Army never imagined that a simple conversation with her seven-year-old daughter at the mall would become a powerful reflection of the financial lessons she’d learned—and passed on.