Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said that further cuts in banks’ reserve requirement ratio (RRR) may happen next year as the central bank looks to ramp up its liquidity management and make the yield curve more reliable. “It might be for next year. We are trying to...
The Department of Environment and Natural Resources (DENR) is set for a leadership change, with the chief of the Department of Energy (DOE) tapped to head the agency. Former Energy Secretary Raphael P.M. Lotilla will now bring his sustainability focus to the DENR, following the announcement by...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. expects President Ferdinand Marcos Jr. to reject the resignations of the economic team, arguing that the President’s dissatisfaction was not directed at the team, which he says operates very professionally. This came after the...
A convenient city location in a secure and private community has always been the hallmark of luxury living. Everyone dreams of a private enclave tucked away from the rush of the city, yet with all the access to everyday conveniences; a quiet sanctuary where comfort meets contemporary design; homes...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
Bangko Sentral ng Pilipinas (BSP) Assistant Governor Zeno Ronald R. Abenoja was officially sworn in on Tuesday, May 20, as the new Deputy Governor for the Monetary and Economic Sector, succeeding Francis Dakila following his recent retirement. BSP Governor Eli M. Remolona Jr. administered the oath...
Aseana City developer D.M. Wenceslao and Associates, Inc. (DMW) has started construction of the first phase of Aseana Plaza, a landmark office development that will be the company’s largest commercial project to date. As its latest addition to Aseana City, the firm said in a disclosure that...
With the President-backed bloc securing a midterm poll victory over the Duterte-aligned camp, Moody’s Analytics said the outcome could help ensure smoother continuity of the administration’s economic and governance policies. “In the Philippines, President Ferdinand Marcos Jr.’s...
The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation of the Philippines (NGCP) to resolve the “ mismatch ” in the country’s transmission development game plan, to ensure that the grid actually delivers where the capacities are needed....
An unexpected power outage could not have come at a more ironic moment, as the Department of Energy (DOE) experienced a brownout at its own head office in Taguig City during a press briefing led by the DOE chief himself. During a press conference held by Energy Secretary Raphael P.M. Lotilla,...
While the Parañaque real estate market has been affected by the ban on POGOs, D.M. Wenceslao and Associates, Inc. (DMW) continued to grow its earnings due to the boost from its new mall. In a disclosure to the Philippine Stock Exchange, the firm said its first quarter 2025 net income grew two...
Following the weaker-than-expected gross domestic product (GDP) growth in the first quarter of 2025, the country’s national socioeconomic planner stated that abandoning the Marcos administration’s ambitious growth goal of six percent to eight percent might be too soon. “It’s too early to...
