Wednesday, 14 May 2025, 3:37 am

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    Storm-driven food price spikes push Nov inflation to 2.5%—PSA

    The rate at which prices change across the Philippines, more known as inflation, accelerated to 2.5 percent in November, from only 2.3 percent in October, the Philippine Statistics Authority reported on Thursday.

    PLDT corporate communications head retires

    Early Monday, PLDT announced the “voluntary retirement” of veteran journalist Catherine Yap-Yang, a first vice president and head of the company’s corporate communications group. Her retirement took effect December 1.

    ASEAN+3 sustainable bond market hits USD893B in 3Q

    The sustainable bond market in the ASEAN+3 region experienced significant growth in the third quarter, with outstanding sustainable bonds reaching USD893.1 billion by the end of September, according to data collected by the Asian Development Bank’s Asia Bond Monitor. 

    Group complains of sugar price manipulation and calls for urgent government intervention

    The United Sugar Producers Federation (Unifed) has called for immediate government action to address the alarming decline in mill price of sugar, which is threatening the livelihood of local farmers.

    Unsold condos hits 75,300 units in 3Q—Colliers

    Colliers, a leading diversified professional services and investment management company, said its latest data for the third quarter reveals that unsold condominium inventory in Metro Manila has ballooned to 75,300 units, including both pre-selling and ready-for-occupancy units. 

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    Meat imports surge nearly 26% in 1Q, highlighting domestic supply gaps

    Meat imports surged by 25.9 percent in the first quarter of 2025 compared to the same period last year, driven primarily by higher pork and chicken shipments, according to data from the Bureau of Animal Industry (BAI).

    BOC NAIA seizes P4.4M worth of ecstasy, heroin in parcels

    The Bureau of Customs at the Ninoy Aquino International Airport (BOC-NAIA) today (13 May 2025) confiscated six parcels containing Ecstasy and heroin valued at approximately PhP4.43 million.

    BOC cited for key role in PH Exit from FATF grey list

    President Ferdinand R. Marcos Jr. lauded the Bureau of Customs (BOC) for its instrumental role in the Philippines’ successful removal from the Financial Action Task Force (FATF) Grey List, ending a three-year effort to meet global anti-money laundering and counter-terrorism financing standards. The President cited BOC’s enhanced monitoring of cross-border cash movement as a major contributor to the country’s compliance with FATF action items. He recalled issuing a directive in October 2023 instructing key government agencies—including the BOC—to implement reforms aligned with the FATF’s recommendations.

    Security Bank wins Best Customer Loyalty Program Award

    Security Bank's BetterBanking Rewards Program was named Best Customer Loyalty Program at the International Finance Awards 2025, underscoring the bank’s commitment to innovation, sustainability, and customer satisfaction.

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