The Board of Investments (BOI) has approved the registration of the country’s most advanced cancer treatment technology yet, poised to harness artificial intelligence (AI) to offer more precise and non-invasive care for Filipino patients. In a statement on Monday, Aug. 11, the BOI said it has...
Renowned Filipina geneticist and National Scientist Carmencita D. Padilla, a pioneering leader in genetics and genomics in the Philippines, has been elected Co-Chair for Low- and Middle-Income Countries (LMICs) of the InterAcademy Partnership (IAP) Governing Board, the global network’s highest...
While Philippine gross domestic product (GDP) growth showed relative strength in the second quarter, private-sector economists believe it is not strong enough to prevent the Bangko Sentral ng Pilipinas (BSP) from further reducing interest rates, as inflation is expected to remain soft and growth...
Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
The Commission on Higher Education (CHED) has ordered an investigation into Cebu Normal University (CNU) – Main Campus following the unauthorized issuance of a memorandum circular that abruptly shifted all classes to a 100% online learning modality without consultation or Board of Regents (BOR)...
The Toll Regulatory Board (TRB) has issued a show cause order to NLEX Corp., directing it to explain why it should not face administrative sanctions over flooding in certain portions of North Luzon Expressway (NLEX), which left motorists and commuters stranded on Monday, July 21. In a letter dated...
Citing still favorable inflation data, President Marcos’ chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end even if the United States (US) Federal Reserve (Fed) decides to pause its easing...
The Board of Investments (BOI) has endorsed ₱5.75 trillion worth of projects under the green lane status by the end of June, with the bulk of the investments directed to the renewable energy (RE) sector. Data from the BOI showed that 222 projects have been certified to go through the green lane...
A slightly higher inflation rate that remains below two percent in June would allow the Bangko Sentral ng Pilipinas (BSP) to cut interest rates some more in August, economists said. In a June 27 report, Deutsche Bank Research economist Junjie Huang said headline inflation could have inched up to...
Downward inflation across the region would allow Asian central banks, including the Bangko Sentral ng Pilipinas (BSP), to cut interest rates further until year-end, according to the think tank Oxford Economics. “Inflation in Asia is approaching or has already fallen below the lower bound of...
The Economist Intelligence Unit (EIU) still expects jumbo interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) for the rest of 2025 as monetary authorities are seen prolonging the easing cycle. “We expect the BSP to continue cutting rates at each of its remaining meetings this year in...
The Department of Trade and Industry (DTI) is now awaiting the approval of the Fiscal Incentives Review Board (FIRB) for the government’s new incentives program for domestic electric vehicle (EV) manufacturing, which is poised to attract ₱120 billion in capital investments. In a statement, DTI...
