Private-sector economists are divided over the trajectory of Philippine inflation in July, though they broadly agree that lingering climate risks, geopolitical tensions, and a weaker peso will compel the central bank to keep interest rates elevated. Forecasts for July headline consumer prices span...
The SM Group’s leisure and gaming unit Belle Corp. posted a 22-percent increase in net income to ₱976.8 million in the first half of 2026 from ₱801 million in the same period last year, driven by a recovery in casino revenues and real estate sales. According to the firm’s financial...
Luxury is often defined by location. True luxury, however, is defined by what endures: heritage, craftsmanship, and timeless design. For more than 275 years, Villeroy and Boch has shaped some of the world´s most distinguished homes, hotels, and residences through uncompromising German...
The war in the Middle East could push as many as 86,000 more people living in Philippine urban areas into poverty as higher fuel, food, as well as transport costs strain household budgets, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). In its...
A “triple threat” of crude oil prices topping $80 per barrel, Metro Manila’s ₱85 daily wage hike, and severe El Niño conditions could push third-quarter Philippine inflation back to levels seen during the height of the Middle East crisis and prompt the Bangko Sentral ng Pilipinas (BSP) to...
The World Bank has urged East Asia and Pacific (EAP) countries to strengthen the efficiency, safety, and sustainability of their maritime sectors, saying the Philippines and its regional peers need reforms to support economic growth, improve trade competitiveness, and create more jobs amid aging...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is in talks with one of the country’s largest power utilities to secure the electricity required to attract investments in data centers. APECO President and Chief Executive Officer (CEO) Gil Taway IV said he is in advanced...
Airlines in the Asia-Pacific region recorded a nearly 70 percent surge in net profits in 2025 amid sustained demand for air travel, providing carriers with financial cushion to manage rising operational expenses this year. In its latest report, the Association of Asia Pacific Airlines (AAPA) noted...
The Department of Tourism (DOT) is strengthening its “Discover More to Love” campaign to encourage Filipinos to rediscover destinations across the country, with Cebu Pacific backing the effort through low fares and wider connectivity. Spearheaded by Tourism Secretary Dita Angara-Mathay, the...
Aurora Pacific Economic Zone and Freeport Authority (APECO) is proposing the development of a railway project across Luzon that would provide a direct link between the Casiguran, Aurora province-based ecozone and the Luzon Economic Corridor (LEC). APECO President and Chief Executive Officer (CEO)...
The country’s economic recovery and its currency face prolonged pressure as escalating political instability from the Senate impeachment trial of Vice President Sara Duterte risks stalling economic reforms, according to Dutch financial giant ING. Deepali Bhargava, ING’s regional head of...
Low-cost carrier Cebu Pacific is leasing one of its Airbus A320neos to Vietnam’s flag carrier, Vietnam Airlines, looking to capitalize on the third-quarter lean season to secure additional revenue stream. In a statement, Cebu Pacific said it signed a wet lease agreement with Vietnam Airlines to...
