The Bangko Sentral ng Pilipinas (BSP) is facing mounting pressure to deliver a more aggressive interest rate hike or a rare off-cycle move after inflation surged to a three-year high in April. British banking giant Barclays is now pricing in three consecutive 25-basis-point increases, which would...
Signs of stagflation are surfacing in the Philippine economy as it enters the second quarter of 2026, with private sector economists warning of a precarious mix of stalled growth and surging consumer prices. The country’s economic output likely posted only a tepid recovery from the previous...
BEIJING — China is stepping up its push to harmonize the Asia-Pacific’s two largest trade blocs, seeking to bridge the gap between competing frameworks to finally realize a long-delayed vision for a unified regional free trade zone. As the current chair of the Asia-Pacific Economic Cooperation...
Metro Pacific Water (MPW) will deploy ₱3.81 billion in capital expenditure for this year, targeting aggressive infrastructure expansion in Dumaguete and Iloilo to buffer against climate-induced supply volatility. In a statement on Thursday, April 30, Andrew Pangilinan, MPW president and chief...
The APEC Business Advisory Council (ABAC) has urged Asia-Pacific governments to take immediate and coordinated action to address mounting economic pressures, including trade fragmentation, energy market shocks, and persistent supply chain disruptions, warning that business confidence across the...
BEIJING, China — The trade relationship between two of the world’s largest economies is expected to expand significantly in the near term as China looks to secure bilateral commitments with the United States (US) at the upcoming Asia-Pacific Economic Cooperation (APEC) Summit. Ambassador Chen...
Belle Corp., the high-end leisure and gaming arm of the SM Group, reported a double-digit rise in first-quarter profit as recovery in its gaming partnership and the surge in real estate sales cushioned the impact of heightening competition in the local casino market. The firm reported to the...
Cebu Pacific, the Philippines’ leading carrier, remains confident of being able to cruise through current turbulence in the fuel market caused by the Iran war, although it is concerned about the impact of a prolonged conflict during the low season. In an interview on the sidelines of the...
A can of tuna, something quick, something easy, often part of a routine that does not get much thought. But for Century Tuna, that everyday staple has long been tied to something bigger. This year, the brand marks 20 years of its Superbods program by shifting the conversation. What began as a...
The Civil Aeronautics Board (CAB) increased the passenger fuel surcharge to a record level as global jet fuel prices continue to surge, a move that is set to make air travel more expensive for the remainder of the month. In an advisory dated April 13 but released on Wednesday, April 22, the CAB...
Philippine economic growth in 2026 would have hit the government’s downgraded target range had the war in the Middle East been short-lived, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). However, the Bangkok-headquartered UNESCAP said a...
BEIJING, China — The Asia-Pacific Economic Cooperation (APEC) Summit this year is expected to help settle differences between the economic powerhouses of China and the United States (US), as the regional bloc works to affirm an open trade policy, according to China National Committee for Pacific...
