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    PH on track for 5.7% growth in 2024, driven by strong inflation control

    The USD437 billion Philippine economy is projected to grow by 5.7 percent in 2024, according to Fitch Ratings, which credits the country’s effective monetary policy for the positive outlook.

    OFW remittances continue to surge: October sees 2.7% growth

    The Bangko Sentral ng Pilipinas (BSP) on Monday reported a positive trend in personal remittances from overseas Filipinos (OFs), with October 2024 figures showing a 2.7 percent annual increase.

    Philippine T-bill yields rise ahead of central banks’ action

    Philippine Treasury bill (T-bill) yields rose at Monday’s auction compared to the previous week, as market participants await key monetary policy decisions from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) later this week.

    LTFRB issues SCO vs Angkas on rider cap breach

    The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a show cause order (SCO) to motorcycle ride-hailing and delivery service app, Angkas, demanding an explanation for allegedly surpassing the government-mandated cap on motorcycle taxis in Metro Manila.

    DA stands firm on closed-fishing season for sustainable fisheries

    The Department of Agriculture (DA) and Bureau of Fisheries and Aquatic Resources (BFAR) reaffirmed their commitment to the closed-fishing season as a critical conservation measure. 

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    Seagate shares soars after debt deal

    Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.

    Higher enrollment boosts STI Holdings FY net income 38%

    STI Education Systems Holdings, Inc. (STI Holdings), the country’s largest private school network, reported strong financial results for Fiscal Year ending June 30, 2025, supported by higher enrollment and steady operational gains.

    Mastercard appoints Jason Crasto as country manager for the Philippines

    Mastercard has named Jason Crasto as its new country manager for the Philippines, tasked with leading the company’s strategic direction and operations in one of Southeast Asia’s fastest-growing digital payments markets.

    Business events emerge as growth engine for economy

    The country's Meetings, Incentives, Conferences, and Exhibitions (MICE) sector is emerging as a key driver of inclusive economic growth, aligning closely with national development goals. Business events are increasingly seen as platforms for investment, innovation, and regional cooperation rather than just crowd-generating activities.

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