The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.
Inflation in the Philippines likely increased in March, driven mainly by rising global energy prices linked to tensions in the Middle East, according to Moody’s Analytics.
The Department of Trade and Industry on Monday launched a P4-billion MSME Business Fund to help small enterprises weather global uncertainties, including the ongoing Middle East crisis.
CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.