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2Q 2024 external liabilities eased, but government and corporate debt pressure mounts

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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.

DBCC commits to 2 percent to 4 percent inflation target to anchor economic expectations

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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.

Govt on track to meet fiscal goals; 11-month revenue at 96% of target

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The Philippine government is on track to meet its fiscal goals for 2024, with revenue collection outpacing the target as of November, helping keep...

Remittances seen rounding 2024 at $40 billion

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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.

Globe Business helps power cooperatives with digital transformation

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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.
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PNB Holdings, First Gen expand ties with 5MW renewable energy supply deal

Energy & Mining 0
PNB Holdings Corporation (PHC), the real estate arm of Philippine National Bank, has signed a deal with First Gen Group, the country’s leading renewable energy firm, for the direct supply of over 5 megawatts (MW) of clean power to two of its flagship properties, deepening ties between the Lucio Tan Group and the energy company.

NLEX Corp. Six-month net income rises 2% to ₱7.46B; toll gains offset traffic dip, cost pressures

Corporate 0
NLEX Corporation reported a 2 percent rise in first-half 2026 net income, climbing to ₱7.46 billion from ₱7.33 billion in the same period a year earlier, as higher toll revenues countered softer traffic volumes and steeper operating and maintenance costs driven by an ongoing fuel price crisis.

ChatGPT can read your personality before you do

Education, Health & Science 0
ChatGPT may be doing more than writing emails, brainstorming ideas, and settling arguments about dinner. New research suggests the AI can also create personality tests—and predict how people will answer them.

Harbor Star leads PSE weekly gainers, Swift Foods slides

Markets 0
Harbor Star Shipping Services Inc. led the Philippine Stock Exchange’s (PSE) weekly price gainers, while Swift Foods Inc. posted the steepest decline, according to the latest PSE market data.

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