A recent analysis by Moody’s Ratings has illuminated a critical shortfall in climate financing necessary for East Asian economies like the Philippines to achieve global net-zero emissions by 2050.
The Bangko Sentral ng Pilipinas (BSP) reported a surge in portfolio investments flowing inward on net basis in September reaching USD1.025 billion—a 92.1 percent increase from August’s USD533.95 million.
PepsiCo is eyeing a competitive position in the alcoholic ready-to-drink (RTD) market in the Philippines, a sector experiencing a notable shift as consumers seek variety in their beverage choices.
The Bangko Sentral ng Pilipinas on Tuesday expressed optimism the Philippines could soon exit from the Financial Action Task Force’s grey list, following a recent statement from the international watchdog recognizing the country’s reforms in anti-money laundering and counter-terrorism financing initiatives.
Ischaemic heart diseases remained the leading cause of death in the Philippines from January to November 2024, according to new data released by the Philippine Statistics Authority.
The trade deficit narrowed significantly in April, reflecting a rare convergence of rising exports and declining imports. The foreign trade gap declined to USD3.5 billion, down from a revised USD4.5 billion in March, according to data released Friday by the Philippine Statistics Authority (PSA).
First Philippine Holdings Corp. (FPH), the Lopez Group’s pioneering energy and infrastructure company, has elected respected economist and former National Economic and Development Authority (NEDA) Director-General Dr. Cielito Habito as an independent director, signaling the group’s intent to further deepen its strategic governance amid the evolving business and policy landscape.