PHirst Park Homes, Century Properties Group’s (CPG) housing unit, is eyeing several key cities in Mindanao, starting with a ₱5.3-billion project in General Santos City, as it ramps up its nationwide expansion. PHirst Park Homes Gen San will be located in Brgy. Baluan, conveniently accessible...
Investment banking giant Goldman Sachs expects the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by 25 basis points (bps) on Thursday, Aug. 28, amid low domestic inflation and slower economic growth. In an Aug. 22 report obtained by Manila Bulletin, Goldman Sachs Economics Research...
While the Bangko Sentral ng Pilipinas (BSP) has already moved to unlink in-app online gambling platforms from financial institutions, the central bank chief affirmed the possibility of the Philippines returning to the money-laundering watchlist should the government fail to contain persisting...
The Department of Economy, Planning, and Development (DEPDev) welcomed the enactment of the Konektadong Pinoy (KP) Act, which it said aims to bridge the digital divide and accelerate the country’s digital transformation, in line with the Philippine Development Plan (PDP) 2023–2028. In a...
ILOILO CITY -- Vice Mayor Julio Estolloso was laid to rest in Ibajay town, Aklan province on Monday, Aug. 25, more than two weeks after he was murdered. Thousands attended the funeral of the 50-year-old Estolloso, whose cold-blooded murder by municipal councilor Mihrel Senatin inside the...
Germany-based Deutsche Bank said a quarter-point rate cut on Thursday would help support Philippine economic activity, following the Bangko Sentral ng Pilipinas’ (BSP) revised forecast that the negative output gap will persist until 2027. “We see the BSP lowering its policy rate by 25 bps...
In the heart of a fast-evolving beauty industry, one name made a triumphant return—one that generations of Filipinos have trusted for decades. Inside Hortaleza Lab: A Tour Exhibit Through Years of Skinvention was not merely a product launch. It was a powerful, immersive celebration of history,...
Malacañang remains hopeful that the Philippines would be able to attain the upper middle income threshold this year. The country is just $26 away from reaching the upper middle-income country (UMIC) status, according to Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio...
Malacañang said President Marcos is bent on pushing for climate-smart farming as part of his administration 's efforts to modernize agriculture and strengthen food security through renewable energy solutions. The Palace cited the P100-million R.M. Tan Solar Pump Irrigation Project (SPIP) in...
D.M. Wenceslao and Associates, Inc.’s (DMW) attributable net income inched up two percent to ₱936 million in the first half of 2025 from ₱918 million in the same period last year, reflecting sustained growth in its rental businesses. In a disclosure to the Philippine Stock Exchange, the firm...
“I was thrilled,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor for regional operations and advocacy sector, Bernadette “Berna” Romulo-Puyat, unabashedly shared her feelings about her close encounter with US Federal Reserve (US Fed) Chairman Jerome Powell. DG Berna was among the...
Despite global challenges, the Philippines is projected to sustain relatively strong economic growth and emerge as one of the region’s standout performers, according to the government’s chief economist. “The Philippines would remain among Asia’s fastest-growing economies, outpacing several...
