“The accounting profession in the Philippines is evolving beyond traditional boundaries—embracing strategy, technology, and governance.” In today’s dynamic financial landscape, the accounting profession in the Philippines is evolving beyond traditional bookkeeping and financial reporting....
The Bangko Sentral ng Pilipinas (BSP) expects August 2025 inflation to accelerate to a median of 1.4 percent, a modest increase from July but a significant deceleration from last year. The central bank projects a range of 1.0 percent to 1.8 percent for the month. The forecast is a jump from...
The Philippine Stock Exchange (PSE) fell for the second straight day, shedding 34.62 points or 0.56 percent, to close at 6,155.57 as investor sentiment remained bearish a week into the “ghost month” despite the Bangko Sentral ng Pilipinas’ (BSP) rate cut. The Property sector led the retreat,...
Senator Panfilo “Ping” Lacson on Friday, August 29 said the Philippine Construction Accreditation Board (PCAB) should take an active role to address allegations of “accreditation for sale” in the flood control and other infrastructure projects in the country. Lacson made the...
As the Marcos administration intensifies its crackdown on reported anomalies in flood control projects, the Federation of Philippine Industries (FPI) stressed that both government officials and contractors should be similarly held accountable. The FPI, the umbrella organization representing local...
The Department of Education (DepEd) has identified two pressing challenges facing the Philippine education system: the massive classroom shortage and the widening digital divide among learners. DepEd Undersecretary for Strategic Management Ronald Mendoza said the country is grappling with an...
Sy-led SM Investments Corporation, one of the Philippines’ largest conglomerates, sees new growth in its logistics and renewable energy units even as its core real estate, retail, and banking businesses continue to thrive with the country’s economy. “But, really, all of our businesses have...
Malacañang rejected suggestions that the Philippines’ diplomatic stance in the South China Sea shows weakness, while also pushing back against China’s claim that Manila is acting as a “disruptor” in the region. Communications Undersecretary Claire Castro said this after Senator Erwin...
The Philippine Stock Exchange index (PSEi) dropped on Thursday, Aug. 28, as investors sold on news that the Bangko Sentral ng Pilipinas (BSP) reduced interest rates as expected. The main index lost 83.15 points, or 1.33 percent, to close at 6,190.19. Banks led the retreat, while miners bucked the...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) have exceeded ₱100 billion in the first eight months of the year, fueled by strong investor confidence in the country. In a statement, the PEZA said it has approved investments worth ₱105.83 billion from January to...
The Philippine Stock Exchange (PSE) is expected to face difficulty in achieving its capital-raising target of ₱186 billion this year, as big-ticket initial public offerings are being postponed. This comes after Hann Holdings announced the deferment of its ₱13 billion initial public offering due...
The Philippine Army (PA) is bolstering its external defense posture through expanded cooperation with the United States Army on joint operations and maritime security. Army Chief Lt. Gen. Antonio G. Nafarrete received US Army I Corps Commanding General Lt. Gen. Matthew McFarlane and 6th Battalion,...
