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.
Metro Manila’s office market continued its recovery in the first half of 2025, with total transactions reaching 446,100 square meters—up 7 percent year-on-year and 33 percent higher than the second half of 2024.
The Bangko Sentral ng Pilipinas (BSP) approved US$4.89 billion in proposed public sector foreign borrowings in 2Q 2025, reflecting a 25.4 percent increase from US$3.90 billion in the same period last year.
Ayala Corp. has been recognized as one of the Top 50 Publicly Listed Companies in ASEAN and among the Top 5 in the Philippines for exemplary corporate governance at the 2025 ASEAN Corporate Governance Conference and Awards (CGCA) held in July in Kuala Lumpur, Malaysia.