Malacañang said the Philippines being among the top 10 most peaceful countries in Southeast Asia inspires the Marcos administration to do better in maintaining peace and order in the country. Palace Press Officer and Communications Undersecretary Claire Castro said on Thursday, July 10, that the...
Expectations of as much as 100 basis points (bps) in interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) next year would put more pressure on domestic banks’ margins, according to debt watcher S&P Global Ratings. In a recent report, S&P Global forecast the BSP policy rate to drop further...
Hotel101 Global Holdings Corporation, a subsidiary of tycoons Edgar Sia II and Tony Tancaktiong’s DoubleDragon Corporation, had a lackluster debut at the Nasdaq Stock Exchange with its share price falling 70 percent at the close of its first day of trading. Hotel101, trading under the ticker...
As manufacturers experience only mild producer price inflation, central banks in emerging markets (EMs), including the Philippines, are expected to cut interest rates some more in the near term. “Encouragingly, the price components of the PMIs [purchasing managers’ indices] fell again in June....
Three years ago, President Ferdinand Marcos Jr. took the helm of the country as the world continued to grapple with the Covid-19 pandemic and economies, including the Philippines, strove for recovery after crippling lockdowns. Governments worldwide faced the delicate task of balancing public health...
Philippine factory growth showed recovery in June from May’s notable loss as production improved, and new orders increased at a faster rate. According to the latest data from debt watcher S&P Global, there was a “slight revival in the Filipino manufacturing sector” last month following a...
While geopolitical tensions and the United States’ (US) tariffs have been spilling over to the Philippines, debt watcher S&P Global said the country’s 10 largest banks are stable enough against external risks. “Large banks are on solid ground amid tariff tensions,” Nikita Anand, director at...
DoubleDragon Corporation has achieved its goal of having its subsidiary, Hotel101 Global Holdings Corporation, with a deemed equity value of $2.3 billion, become the first Filipino corporation to be listed on the Nasdaq Stock Exchange. Hotel101, an asset-light, prop-tech hospitality platform...
Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism and leisure townships subsidiary, is initially allotting ₱5 billion for the next five years to develop a 116-hectare beachside property in Nasugbu, Batangas. During the firm’s annual stockholders’ meeting, GERI...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, is expanding its leisure and hospitality businesses under During the firm’s annual stockholders’ meeting, AGI Chairman Tan said that, “leveraging AGI 's unrivaled land bank, we are building even more...
The Philippines has achieved another milestone in global higher education, with six of its universities earning spots in the prestigious 2026 Quacquarelli Symonds (QS) World University Rankings, including first-time entries from Adamson University and Mapúa University. This year marks a historic...
Marking a historic achievement for the country’s higher education sector and placing the Philippines at the top among Southeast Asian nations, a total of 121 Philippine higher education institutions (HEIs) have made it to the 2025 Times Higher Education (THE) Impact Rankings. The latest impact...
