The country's external financial landscape showed mixed signals in 2Q 2024, with a 3.6 percent quarter-on-quarter easing in its net external liability position to P2.9 trillion, down from P3 trillion in 1Q 2024.
Food-driven high inflation, averaging a three-month high of 2.5 percent in November, is forecast to average no higher than 3.1 percent in December, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Remittances, a potent source of external liquidity for the Philippines, is projected to round the year at more than USD40 billion this year, according to latest estimates by the World Bank.
In a move helping empower cooperatives across the Philippines, Globe Business is enabling digital transformation to improve member engagement, streamline operations, and promote sustainable growth.
SM Investments Corporation has earned its 17th consecutive Platinum Award at The Asset Corporate Sustainability Leadership Awards, organized by Hong Kong-based The Asset Publishing and Research Ltd. Its banking subsidiary, BDO Unibank Inc., also received a Platinum Award for sustainability performance.
Manulife Investment Management (MIM) expects the yield curve in the fixed income market to remain stable should the Bangko Sentral ng Pilipinas (BSP) keep its key interest rate at 5 percent at its rate-setting meeting on Thursday.
The Clark community gathered at Clark Global City’s West Aeropark on Monday to celebrate the Clark Moon Festival 2025, marking the Mid-Autumn Festival with cultural performances and a reaffirmation of partnerships aimed at driving the region’s development.