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BSP implements penalties for peso RTGS offenses to strengthen payment system compliance

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The Bangko Sentral ng Pilipinas (BSP) has outlined new penalties for violations of the peso real-time gross settlement (RTGS) payment system, aiming to ensure consistent and efficient enforcement among participants.

PH foreign debt surges to still manageable $139.64B 

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The country's external debt in the quarter ended September totaled USD139.64 billion, a 7.3 percent increase from the previous quarter.

Fourth-quarter consumer, business confidence indices on the rise

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The Philippine economy enters the final quarter of 2024 with both consumers and businesses showing renewed confidence, according to the Bangko Sentral ng Pilipinas (BSP).

BSP eases monetary policy as expected, forecasts 3.4% inflation for 2025 amid global stabilization

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The Bangko Sentral ng Pilipinas (BSP) on Thursday took a decisive step in its monetary policy, cutting its key interest rate by 25 basis points to 5.75 percent, signaling a shift toward a more accommodative stance to support the economy.

11-month BOP reverts into surplus of $2.1 B

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The country's balance of payments (BOP) position posted a surplus of USD2.1 billion in the first 11 months of 2024, a turnaround from last year when this stood as a deficit of USD2.3 billion, latest data from the Bangko Sentral ng Pilipinas (BSP) show.
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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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