The inflation-targeting Bangko Sentral ng Pilipinas (BSP) is expected to raise the policy rate by 25 basis points (bps) to 4.5 percent to confront war-driven price hikes head-on, according to investment banking giant Goldman Sachs. “Given its price stability mandate, we believe the BSP will hike...
Bank of the Philippine Islands (BPI) is bracing for the fallout from escalating Middle East tensions, weighing the impact of the Iran conflict on regional remittances and global supply chains even as the lender reported record first-quarter earnings. Jaime Augusto Zobel de Ayala, BPI chairman,...
The Quezon City government, in partnership with Gaming Library, is expanding All aBOARD Expo 2026 beyond a gaming convention into a platform for learning, creativity, and cultural engagement. Mayor Joy Belmonte said the initiative underscores the city’s goal of providing accessible spaces that...
The jump in the March inflation rate has set the stage for a potential 50-basis-point (bp) rate hike by the Bangko Sentral ng Pilipinas (BSP) during the second quarter, according to global investment banking giant Goldman Sachs. In an April 7 report obtained by Manila Bulletin, Goldman Sachs...
During the late 2000s and early 2010s, Malate, at least for me, was still abuzz with nightlife. I remember I would visit my friends at UP Manila, then still in their residency at Philippine General Hospital (PGH), and I, then working for my father’s petroleum company with an office in Makati,...
State-run pension fund Social Security System (SSS) has partnered with EastWest Rural Bank (EWRB) to expand access to MySSS Card, making it easier for members—especially those in remote and underserved communities—to access banking services and receive benefits. Under the partnership, EWRB...
Celebrated contemporary designer Kelly Wearstler partners with H&M Home on a collection rooted in ritual and modularity. Known for her bold layering of eras, materials, and textures, she brings her distinctly eclectic design language into a more accessible, everyday context, inviting more homes...
While global oil shocks have yet to fully affect the Philippine economy since the flare-up of United States (US)-Iran military hostilities a month ago, the Bangko Sentral ng Pilipinas’ (BSP) minimum inflation assumption is that March accelerated at the fastest pace in at least 19 months. Seen as...
Central banks in emerging markets (EMs), including the Philippines, are seen hiking interest rates to temper weakening currencies and higher capital outflows, according to think tank Capital Economics. Shilan Shah, deputy chief EM economist at Capital Economics, said in a March 30 report that they...
The Philippine-American Educational Foundation (PAEF), which administers the Fulbright Program in the Philippines, marked its 78th anniversary on March 24 with a reception in Makati, highlighting its role in strengthening educational exchange between the Philippines and the United States. Held at...
Foreign lenders are backing the Bangko Sentral ng Pilipinas’ (BSP) increasingly hawkish stance as the local economy grapples with war-driven oil price volatility and supply disruptions. Nomura Holdings Inc., a Japanese investment and brokerage giant, raised its expectations for “significant”...
State-run pension fund Social Security System (SSS) has reassured its members in the Middle East that they can continue accessing benefits and services through its digital platforms, even amid escalating regional conflicts. SSS President and Chief Executive Officer (CEO) Robert Joseph M. de Claro...
