ACT-CIS Party-list Rep. Erwin Tulfo (Ellson Quismorio/ MANILA BULLETIN) ACT-CIS Party-list Rep. Erwin Tulfo says the reason why he's decided to run for senator in May 2025 is President Marcos himself. In a press conference Thursday,...
House Speaker Martin Romualdez(Speaker’s Office) House Speaker Martin Romualdez trumpeted on Thursday, Sept. 26 the official formation of the administration-backed Alyansa Para sa Bagong Pilipinas, and its announcement of its 12-person Senate slate...
Philippine banks remain upbeat about the industry’s outlook for the next two years, seeing double-digit growth in their assets, loans, deposits, and net income, as well as plan to maintain robust capital and liquidity positions to maintain institutional stability. Results of the 2023 Banking...
President Marcos has bared the administration's senatorial slate in the upcoming 2025 midterm elections. Marcos announced the 12 senatorial candidates under the "Alyansa para sa Bagong Pilipinas" during the political alliance's convention 2024 on Thursday, Sept. 26, in Pasay City. In his speech,...
The Bangko Sentral ng Pilipinas' (BSP) monetary policy easing cycle is expected to extend until the first half of 2025, to slash the key interest rate to 4.75 percent, according to the think tank Capital Economics. "The central bank [BSP] cut interest rates at its August meeting. With growth set to...
A new cascade of financial pressure will be on consumers’ pockets this week as gasoline prices will be rising by P1.10 per liter; while diesel prices will go up by a marginal P0.20 per liter. Propitiously for kerosene products, there will be no cost movement this week, based on the pricing...
Once its "Project Agila" ends in January 2025, the Bangko Sentral ng Pilipinas (BSP) will craft a three- to five-year roadmap in preparation for a possible central bank digital currency (CBDC), a top official said. During a breakout session at the Philippine Institute for Development Studies'...
Beyond the potential for the Bangko Sentral ng Pilipinas (BSP) to ease monetary policy further, what are the broader implications of the US Federal Reserve's substantial 50 basis points interest rate cut? What effects could this have on the Philippine peso, exports (especially if the peso...
House Speaker Martin Romualdez (Speaker’s office) It's a foregone conclusion, but the Lakas-Christian Muslim Democrats (Lakas-CMD) party is throwing its hat in the administration coalition that will field candidates in the upcoming...
DILG Secretary Benhur Abalos (Ellson Quismorio/ MANILA BULLETIN) Department of the Interior and Local Government (DILG) Secretary Benhur Abalos remained coy on Tuesday, Sept. 17 about his rumored Senate run next year. In a chance...
The financial industry remains a prime target for cyberattacks, despite the Bangko Sentral ng Pilipinas’ (BSP) new framework to enhance cyber resilience, a global cybersecurity and digital privacy company has warned. Kaspersky, a cybersecurity firm, reported that the finance sector...
President Marcos' party is already in talks with other political parties to complete the Partido Federal ng Pilipinas (PFP) senatorial slate for the upcoming elections. Marcos bared such development during the general assembly of PFP on Monday, Sept. 16, where he met with party members and...
