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.
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 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.
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.
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.
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.
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 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.
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.