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    No let-up in price pressures with forecast February inflation seen as high as 9.3%

    The Bangko Sentral ng Pilipinas (BSP) on Tuesday forecasts inflation in February to settle within the range of 8.5 to 9.3 percent. 

    NEDA warns against legislated wage hikes

    The National Economic and Development Authority (NEDA) said a legislated across-the-board wage hike would be very harmful to the Philippine economy in the longer term.

    Smart legal, tax teams already in talks with Makati City Hall; assures uninterrupted services

    Smart Communications Inc. said its legal and tax teams are in talks with the Makati City local government over an alleged P3.2 billion tax...

    Makati shuts down Smart main office over P3.2-B tax deficiency

    The Makati City Government on Monday issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.  Smart has failed...

    Local banks on solid footing no matter the economic headwinds – Medalla

    Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla has declared the local financial landscape on solid footing, saying the banking system is strong,...

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    WESM power rates up 3.4% in July amid supply constraints

    The nationwide average electricity rate in the Wholesale Electricity Spot Market (WESM) rose by 3.4 percent in July, reaching P3.99 per kilowatt-hour (kWh) from P3.86/kWh in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

    SMFB posts 15% rise in 1H net income

    San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.

    Ayala Land posts 8% profit growth, eyes stronger H2 amid strategic expansions

    Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.

    GCash adds responsible gambling safeguard to platform, backing regulatory push

    GCash, the mobile wallet service under Globe Telecom, is rolling out new platform features to bolster responsible online gaming, reinforcing its commitment to user safety and regulatory compliance.

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