Aboitiz Equity Ventures, Inc. (AEV), the active portfolio management and holding company of the Aboitiz Group, reported a 63 percent jump in consolidated net income to ₱13.6 billion for the first six months of 2026. In a disclosure to the Philippine Stock Exchange, the firm said it continued to...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Philippine peso’s recent fall to its weakest level on record was “misleading,” citing the tremendous strength of the United States (US) dollar against major currencies. Last Friday, July 24, the peso sank to a fresh...
There are only a handful of things in fashion that have truly stood the test of time, and denim is undoubtedly one of them. Over the decades, it has evolved from durable workwear into one of the most essential and versatile staples in every wardrobe. As we go through this period of "in-between"...
As running continues to gain popularity among Filipinos, developers are transforming their estates into communities that support active lifestyles. Beyond hosting races and fun runs, many are investing in parks, jogging paths, pedestrian-friendly streets, and open spaces that encourage people to...
The Bangko Sentral ng Pilipinas (BSP) is scrambling to reassess its inflation trajectory after Metro Manila’s unexpectedly large minimum wage hike threatened to trigger secondary price pressures. BSP Governor Eli Remolona Jr. admitted that the monetary authority was caught off guard by the scale...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said around $50-billion, or ₱3-trillion, worth of Philippine government bonds are eligible for inclusion in JPMorgan Chase & Co.’s emerging-market (EM) index, a move that could attract billions of dollars in additional foreign...
Social Security System (SSS) is earmarking ₱40 billion to finance a planned solar panel loan program that could benefit around 100,000 households. SSS President and Chief Executive Officer (CEO) Robert Joseph De Claro told reporters in a recent interview that the state-run pension fund is...
Breakup albums are one of pop music 's oldest traditions. Every generation gets one. Some are grand declarations of heartbreak, others feel like public therapy, and occasionally they 're both. The challenge is that the genre has become so crowded that making one stand out is harder than...
The Philippine Navy (PN) and Philippine Coast Guard (PCG) will take part in all major events during the sea phase of this year’s Rim of the Pacific (RIMPAC) Exercise, with the United States highlighting Manila 's growing role in the world 's largest multinational maritime drills. Rear...
Despite headline inflation easing further to 6.4 percent in June, the Bangko Sentral ng Pilipinas (BSP) warned that price pressures from global oil prices remain strong, assuring the public that it stands ready to take the necessary policy actions to steer inflation back to its three-percent...
The Philippine economy retains the capacity to absorb further monetary tightening even as it navigates a prolonged growth slowdown, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said. Remolona said during a media briefing on Monday, July 6, that a potential 25-basis-point interest...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
