The World Bank would greenlight a $700-million (over ₱40-billion) loan for the Philippines in July, aimed at making local communities more resilient to natural disasters. According to a World Bank appraisal project information document dated April 8, the objective of the upcoming Philippines...
The Bangko Sentral ng Pilipinas (BSP) is expected to finally push through with its much-awaited reduction in key interest rates to protect the economy from the likelihood of a wider negative outlook gap, no thanks to United States (US) President Donald Trump's reciprocal tariffs. In an April 4...
While the Philippines is poised to sustain robust economic growth despite the threat posed by United States (US) President Donald Trump's tariffs, the Asian Development Bank (ADB) is urging the government to fast-track the implementation of big-ticket infrastructure projects to stimulate domestic...
The local stock market bounced back to the 6,000 level and recovered more than half the steep loss suffered in the previous day as most countries chose diplomacy over a trade war with the US. The main index surged by 183.49 points or 3.15 percent to close at 6,006.34 with Services leading the...
From left to right: Light Fuels Retail Trade Manager, Dwight Christian Jonas Villon; Vice President and Head of Commercial Fuel Trade, Alvin Lato; First Vice President and Chief Financial Officer, Atty. Constance Marie Lim, CPA; Senior Vice President and Chief Operating Officer, Brigitte...
Jobless Filipinos increased in number to 1.94 million in February 2025 from 1.8 million last year, as the job market struggled to absorb over 40 percent of new job seekers. According to the Philippine Statistics Authority (PSA), the February 2025 figure reflects an increased annual unemployment...
MANILA BULLETIN Aspiring Parañaque City 2nd district congressman Brian Raymund Yamsuan has commended the Marcos administration's move of allotting P1 billion for the creation of additional child development centers (CDCs) in low-income...
The Philippine Stock Exchange index (PSEi) plunged as investors sold down shares in panic due to fears of a global trade war as countries are taking retaliatory measures slapped harsh tariff rates by the US. The Philippine benchmark fell by 261.34 points or 4.3 percent to close at 5,822.85 on...
Citta Grande, third phase of Italpinas Development Corporation's Primavera City in Cagayan de Oro. Italpinas Development Corporation (IDC), a pioneering green real estate developer in Mindanao, has entered into a strategic joint venture with contractor AV Pamatong Trading & Construction Inc....
Philippine stocks prices plunged immediately after the opening of the trading week on fears of a global trade war and possible recession. As of 10:18 this morning, the PSEi has lost 235.13 points, or 3.87 percent, at 5,849.06, with the mining and oil sector leading losses across the board. "US...
Poor and vulnerable countries, including the Philippines, will be the most impacted by the sweeping tariffs imposed by the Trump administration on all foreign-origin goods coming to the United States (US), according to the United Nations Conference on Trade and Development (UNCTAD). UNCTAD, an...
Golden Arches Development Corp. (GADC) Founder and Chairman George T. Yang Yang-led Golden Arches Development Corp. (GADC), or McDonald’s Philippines, plans to invest at least ₱3 billion to ₱5 billion this year to open more than 65 stores, with the aim of reaching 1,000 stores in two years....
