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Maharlika Investment eyes infrastructure projects of Clark International Airport Corp.
Maharlika Investment Corp., manager of the country’s first sovereign wealth fund, and Clark International Airport Corp. on Friday signed a memorandum of understanding to...
Philippine economy shows resilience amid challenges, expands at faster 6.3% in 2Q
The Philippine economy accelerated in the second quarter of 2024, fueled by strong performances in services and industry, which generated more jobs to sustain consumer spending to more than compensate for a downturn in agriculture caused by El Niño.
Inflation rises to 4.4 percent in July
The headline inflation rate accelerated to 4.4 percent after tapping on the brakes in June, when the year-on-year increase in the consumer price index...
BSP awaits further inflation softening cues before easing monetary policy
The Bangko Sentral ng Pilipinas said Monday it could start easing interest rates if inflation continues to decelerate with the help of softening rice prices following the reduction of tariff to 15 percent from 35 percent with the implementation of Executive Order 62.
Cebu Pacific defers China flights relaunch; redeploys aircraft to Vietnam, Thailand instead
Cebu Pacific has deferred anew the relaunch of several flights to China due to a combination low demand and the state of Philippines-China relations.
