Manila Bulletin - Business

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Business

Manila Bulletin

BSP lifts interest rates anew as inflation pressures broaden
The Bangko Sentral ng Pilipinas (BSP) raised its benchmark interest rate for the second straight meeting, intensifying its battle against persistent inflationary pressures that threaten to breach the central bank’s target band. The Monetary Board increased the Target Reverse Repurchase Rate by 25...
Manila Bulletin

Ayala-backed Mynt clears path for record-breaking Philippine IPO
The long-awaited initial public offering (IPO) of the company behind the popular e-wallet GCash—expected to be the country’s largest-ever listing by raising more than $1 billion—is finally underway as the company formally takes its first step toward going public. Mynt Inc., backed by Globe...
Manila Bulletin

Marcos admin borrowing from global markets again
Manila Bulletin

Peso, equities surge on breakthrough US-Iran peace deal
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