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    Residential housing prices continue to rise in 2Q 2024

    The Bangko Sentral ng Pilipinas (BSP) said residential housing units of various types continued to increase in the April to June quarter.  Residential property prices rose 2.7 percent year-on-year, slower than the 6.1 percent growth in Q1 2024. On a quarter-on-quarter (QoQ) basis, housing prices accelerated to 1.8 percent versus only 1.1 percent growth in Q1 2024.

    BSP reports improved 3Q indices in both business and consumer sentiment

    The business confidence index rose across the Philippines in the third quarter to 32.9, up from only 32.1 just a quarter earlier, the Bangko Sentral ng Pilipinas reported on Friday.

    Economic Development Group endorses RCEF extension, rice fund hike to P15 billion

    The Economic Development Group, chaired by Secretary Frederick D. Go, supports extending the Rice Competitiveness Enhancement Fund until 2030 and increasing its annual budget to P15 billion from the current P10 billion.

    DA bares difficulty in finding fund source for price stability fund

    The Department of Agriculture (DA) on Thursday said a buffer fund of at least P5 billion for the procurement and stockpiling of rice and other agricultural commodities for purposes of stabilizing prices should soon be operational.

    BSP discontinues rediscounting window for new DWF

    The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced discontinuing its rediscounting window and replacing it with the Discount Window Facility (DWF) in keeping with global best practices.

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    Slow trading is radical in fast-money times

    The trading world has turned impatience into a business model. Scroll any social feed and you’ll see promises of instant wins, luxury lifestyles, and financial freedom on demand. Charts blink, testimonials shout, urgency sells—but thought rarely does. In this culture, patience is often seen as a liability rather than a virtue.

    PAL receives first Airbus A350-1000 in Southeast Asia

    The Philippine Airlines (PAL) has taken delivery of its first Airbus A350-1000, becoming the first carrier in Southeast Asia to operate the next-generation widebody aircraft as part of its long-term fleet modernization and global expansion plans.

    Sugar import ban to stay another year

    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.

    ERC clears NGCP’s P12.96B Camarines Sur substation

    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.

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