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Maya’s strength is the bank, not its wallet – MVP

Digital bank and e-wallet platform Maya is unlikely to undertake an initial public offering (IPO) in the next two years, according to the man...

January-May tourist arrivals increase 14% to 2.56 million

Tourist arrivals in the Philippines surged by 14 percent year-on-year in the first five months of this year, reaching 2.56 million, despite a double-digit decline in the arrivals of Filipinos living overseas, based on data from the Department of Tourism.

NFA has enough palay to support four days of consumption

The National Food Authority (NFA) has purchased 3.32 million 50-kilo bags of palay as of 5 June this year of which over 3.17 million bags were purchased from rice farmers the past six weeks.

Fitch maintains sovereign’s credit status as investment-grade

Fitch Ratings has kept the country's standing as an investment grade issuer or one whose sovereign debt is rated a triple B or BBB, the Bangko Sentral ng Pilipinas said.

MB member Anita Linda Aquino resigns

Monetary board member Anita Linda Aquino, just under four years as member of the policy-making body of the Bangko Sentral ng Pilipinas, has resigned in the wake of a scandal involving ghost central bank employees.

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Toyota seeks hybrid slots in Metro Manila TNVS

Toyota Motor Philippines Corp. (TMP) is pressing the transport regulator to allow conventional hybrid vehicles to compete for 7,500 new transport network vehicle service (TNVS) slots in Metro Manila, challenging the government’s decision to limit the latest allocation to plug-in and fully electric vehicles.

Fed raises rates, defying Trump’s call for cuts

The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.

Year-end travel: Smart ways to stretch your budget

With the -ber months fast approaching, many Filipinos are mapping out year-end trips, family reunions, or long-awaited vacations abroad.

Documents show Marcoleta donations funded campaign

Notarized deeds of donation and testimony in a plunder case show that a total P75 million given to Senator Rodante Marcoleta by former congressman Mike Defensor, and businessmen Joseph Espiritu and Aristotle Viray was intended to support the lawmaker’s 2025 senatorial campaign, rather than for personal use.

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