In a recent column in The Economist, economist and former presidential adviser Arthur Laffer revisited two of the most consequential tax reform programs of the late twentieth century: the tax cuts implemented by Ronald Reagan in the United States (US) and Margaret Thatcher in Britain. When Reagan...
The Philippine Stock Exchange index (PSEi) fell on Monday, June 22, after Iran walked out of peace talks and closed the Strait of Hormuz again, while the Philippine government reduced its economic growth estimates due to the war and lower infrastructure spending. The main index plunged by 100.33...
Local equities face renewed downward pressure as resurfacing geopolitical friction in the Middle East and prospects of further domestic monetary tightening threaten to derail a recent market rally. Investor sentiment is turning bearish following the postponement of peace negotiations between the...
To help vendors, drivers, seniors, and other sectors in Pasig City strengthen their financial skills and guard against scams, the city government launched a financial education program through a newly signed partnership. On June 16, the city formalized a memorandum of agreement with the Bangko...
Local equities market retreated at the end of the week as investors pared back risk following the central bank 's hawkish policy stance and the sudden disruption to geopolitical diplomatic efforts in Europe. The Philippine Stock Exchange index (PSEi) slipped 18.31 points, or 0.3 percent, to...
COTABATO CITY – The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) government continues to provide assistance to students from internally displaced persons (IDPs) in Marawi City during the 2017 siege, raising hopes that it will introduce additional mechanisms to support the city 's...
Recently, the PNB Board and Senior Management, led by Chairman Ed Cua and President Edwin Bautista, attended an energy briefing conducted by Department of Energy (DOE) Undersecretary Rowena Cristina Guevara. She certainly impressed the PNB Board and inspired confidence as a public official. She...
Brutalist architecture is gaining renewed appreciation for its clean, functional design and strong visual identity. Known for its exposed concrete and geometric forms, the style has attracted a new generation of architects, designers, and enthusiasts who value its straightforward approach to...
Zobel-led Ayala Corp. purchased ₱457.45 million worth of shares in its real estate subsidiary, Ayala Land Inc. (ALI), tapping the open market after the steep valuation slide left the country’s premier property developer trading at deep discounts. In a disclosure to the Philippine Stock...
Local stocks declined as an afternoon wave of profit-taking erased morning gains, cutting short a rally that had pushed the benchmark index to its highest intraday level in recent sessions. The Philippine Stock Exchange index (PSEi) decreased 27.13 points, or 0.43 percent, to close at 6,245.75 on...
The conversation around artificial intelligence (AI) in the Philippines often creates the impression that organizations are already far along in their journey. Press releases talk about AI pilots. Executives speak about transformation. Vendors showcase impressive demonstrations. Yet when I recently...
Twenty-twenty-six marks the diamond anniversary of the Asian Development Bank (ADB), the Manila-based institution that stands at the forefront of the Asia-Pacific’s transition toward a more sustainable and resilient future. Since its establishment in 1966, the ADB has evolved from a traditional...
