The Philippines is grappling with the fastest inflation rate among Southeast Asia’s major economies, as the country’s acute exposure to crude volatility from the United States-Iran conflict offsets the recent cooling in consumer price growth. While aggregate inflation across the ASEAN-6 nations...
Their bodies may have yet to recover from the grueling seven-game Finals series, and their minds probably haven’t gotten over the euphoria of winning a championship, but the Ginebra trio of Justin Brownlee, Troy Rosario and RJ Abarrientos proved ready to answer the Gilas call any time. It’s...
The PBA is looking to adopt some of the FIBA rules in terms of its officiating for the upcoming season-ending PBA Season 50 Governors’ Cup. League commissioner Willie Marcial revealed that they have already discussed the changes, among which is the application of possession arrows in instances...
The Samahang Basketbol ng Pilipinas is hoping to have Bennie Boatwright come on board for the Gilas Pilipinas program in time for its title defense in the Asian Games in Nagoya, Japan in September. SBP executive director Erika Dy said the federation is now only waiting for the signing of his...
With the Philippine peso dropping nearly five percent against the United States (US) dollar since January, Singapore-based United Overseas Bank Ltd. (UOB) forecasts that the local currency could tumble to a fresh record low of ₱63 per greenback over the next quarter. UOB said in its latest...
Inflation carries a high likelihood of becoming de-anchored once fresh price shocks emerge, think tank Economist Intelligence Unit (EIU) warned, citing in particular the looming risk of a “super” El Niño driving up food costs. “With inflation already well above target, new price shocks are...
Metropolitan Bank & Trust Co. (Metrobank) and Security Bank Corp. posted steeper unrealized losses and faced greater pressure on their core capital buffers in the first quarter of the year, driven by their outsized exposure to volatile fixed-income holdings, according to Moody’s Ratings. The...
Gilas Pilipinas head coach Tim Cone expressed his excitement over the addition of new faces with Mike Phillips, Troy Rosario and Justine Baltazar to the national team. With the Nationals dealing with manpower issues due to the absences of Kai Sotto, Quentin Millora-Brown and Calvin Oftana, it...
Gilas Pilipinas won’t have the luxury to play big with its tallest players in Kai Sotto and Quentin Millora-Brown out of commission for the third window of the 2027 FIBA World Cup Asian Qualifiers, but head coach Tim Cone is searching for ways to match the height of New Zealand and Australia. And...
Mike Phillips just couldn’t help but look back to the moment when the doctor told him he might no longer be able to play basketball after suffering five brain injuries in the past. Fast forward to the present time, he is now set to make his Gilas Pilipinas debut and play in the third window of...
Total resources of the Philippine financial system contracted slightly in April as the central bank 's rate-hiking cycle and regional geopolitical frictions prompted a tactical pause among traditional lenders, despite continued expansion in the digital banking sector. According to preliminary...
Gilas Pilipinas head coach Tim Cone explained why two of his frontliners in Kai Sotto and Quentin Millora-Brown were absent in the Final 12 of the national team for the pair of road games in the third window of the 2027 FIBA World Cup Asian Qualifiers. Speaking at the end of the Gilas’ open...
