The Philippine Exporters Confederation Inc. (Philexport) has expressed strong support for proposed amendments to the Magna Carta for micro, small, and medium enterprises (MSMEs), while stressing that reforms must deliver concrete benefits such as improved access to financing and more favorable loan...
Philippine companies are growing more optimistic about the broader economic outlook even as they scale back plans to expand operations, citing intense market competition and the lingering weight of high interest rates. “Businesses expect steady consumer demand throughout the year. Firms also see...
The Miss Universe Philippines (MUP) Organization confirmed the removal of an official candidate from this year 's competition lineup. While the organization has yet to disclose the candidate 's identity, pageant fans suspect that Miss Universe Philippines Kalibo, Aklan, Imelda...
Gilas Women and head coach Pat Aquino have parted ways, the Samahang Basketbol ng Pilipinas announced on Saturday, March 28. “The SBP thanks coach Patrick Aquino for everything that he has done for the program and for all his efforts in the development of women’s basketball in the...
Residential property prices posted their slowest inflation rate in nearly seven years, or since before the Covid-19 pandemic, as Filipinos stepped on the brakes on borrowing from banks to purchase housing amid tighter lending standards. “Residential property prices in the Philippines continued to...
The peso tumbled to a fresh record low on Friday, March 27, breaching the 60.5-level as geopolitical tensions in the Middle East intensified and the central bank signaled it sees no immediate need to defend the currency. The peso weakened to ₱60.55 per dollar, surpassing the previous historic low...
In a crowded school area turned job hub, the usual end-of-school-year anxiety—résumés, long lines, and uncertain prospects—gave way to something unexpected: on-the-spot job offers. For thousands of graduating learners, the nationwide rollout of the Bagong Pilipinas Serbisyo Fair (BPSF) did...
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”...
While Philippine monetary authorities maintained the current policy rate at 4.25 percent in a rare off-cycle meeting, the Bangko Sentral ng Pilipinas (BSP) said it would hike key interest rates if second-round effects from war-driven oil supply shocks occur. “Once we see second-round effects from...
Even as foreign lenders expect the Bangko Sentral ng Pilipinas (BSP) to tighten sooner rather than later, as inflation could breach what is deemed manageable this year, the central bank decided to keep the policy rate unchanged in a rare off-cycle meeting on Thursday, March 26. While inflation is...
Shell Pilipinas Corp. reported a 69 percent surge in full-year net income for last year, overcoming volatility in global oil markets through a shift toward high-margin commercial segments and leaner logistics. In a disclosure to the Philippine Stock Exchange on Thursday, March 26, Shell Pilipinas...
A decade has passed since Maxine Medina proudly represented the Philippines at the 2016 Miss Universe pageant — and she has never looked better or been more fulfilled. While many beauty queens chase the next crown, Maxine charted a different course — embracing motherhood, building an acting...
