Relying solely on the Bangko Sentral ng Pilipinas’ (BSP) interest rate hikes will likely provide limited support for the Philippine peso, which remains on the verge of another historic low amid elevated oil prices, a stronger United States (US) dollar, and cautious market risk appetite, according...
Philippine economic growth is seen falling to a new post-pandemic low of three percent this year as the lingering impacts of last year’s multi-billion-peso flood-control corruption scandal and the prolonged war in the Middle East weigh on investor and business confidence, according to think tank...
The Bangko Sentral ng Pilipinas (BSP) is facing a delicate balancing act as foreign and local lenders price in a minimum five percent benchmark interest rate by the end of 2026. Economists said that mounting stagflationary pressures and the potential de-escalation of geopolitical conflicts in the...
The Philippine Sports Commission (PSC) has decided to suspend the funding for Philippine National Volleyball Federation (PNVF) and its related activities over alleged non-compliance with rules and agreement. On Friday, May 29, Manila Bulletin/Tempo obtained a memorandum from PSC board meeting,...
Philippine economic growth needs “a major impetus” after slowing to its weakest pace since the pandemic recovery period, with rising inflation, higher interest rates, and the prolonged Middle East conflict expected to weigh on the country’s property sector, according to property consultancy...
Business confidence deteriorated further in April as geopolitical hostilities in the Middle East and elevated global oil prices stoked fears of persistent inflation, prompting companies to aggressively scale back their capital expenditure plans. According to the latest business expectations survey...
The political telenovela continues at the Senate with the emergence of a new crying lady, a public confession of sibling love manifested through culinary gifts, and most recently, the staging of a dramatic walkout. Yes Virginia, the Senate is currently in severe institutional turmoil. These...
The central bank and insurance regulators are pushing for the bundling of parametric insurance with traditional credit lines, aiming to unlock vital financing for sectors most exposed to worsening climate risks. By tying automated weather-indexed payouts directly to bank loans, regulators hope to...
Alas Pilipinas, now without some of its key players in Jia De Guzman and Angel Canino, heads into the 2026 AVC Women’s Volleyball Cup in Candon, Ilocos Sur with a veteran-laden roster guiding the newest weapons under the tutelage of interim coach Shaq Delos Santos. Returning to national team...
Bennie Boatwright is inching closer to becoming a full-pledged Filipino. The Senate bill seeking to grant the San Miguel import Filipino citizenship has been approved for its second reading on Tuesday, May 26. The upper chamber tackled the House Bill No. 6639 and Senate Bill No. 1595 and opened it...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
The research arm of German lender Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver bigger interest rate hikes than previously anticipated as inflation risks intensify, while also lowering its economic growth forecasts for the Philippines amid mounting external pressures and...
