Beginning May 13, a day after the midterm elections, Filipinos can purchase ₱20-per-kilo rice at a dozen Kadiwa ng Pangulo (KNP) stores across Metro Manila and nearby provinces. The Department of Agriculture (DA) earlier launched the pilot program of the government’s ₱20 rice program on May 1...
Union Bank of the Philippines and the ATRAM Group have finalized their partnership, aiming to revolutionize the Philippine asset management landscape by merging their trust operations and leveraging digital innovation. Under the agreement, UnionBank will acquire a 27.5 percent stake in ATR Asset...
It is the collective duty of the Filipinos to preserve and pass on the country 's culture and traditions, President Marcos said. President Marcos leads the conferment of the nine new Gawad sa Manlilikha ng Bayan awardees on May 7, 2025, at the Metropolitan Theater in Manila. (Mark...
The coast isn 't clear yet for domestic inflation, as Singapore-based United Overseas Bank (UOB) sees looming United States (US) tariffs as a global price risk for an economy like the Philippines, which imports the bulk of the goods it consumes. "The US reciprocal tariffs after the 90-day...
With headline inflation falling to its lowest level in over five years, local and international financial institutions now expect the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by a total of 75 basis points (bps) by year-end, with the first reduction likely as early as the upcoming...
Robust government spending ahead of the May 12 elections likely sped up economic growth in the first quarter, despite private consumption largely being in wait-and-see mode as Filipinos save up, according to the research arm of global financial giant Deutsche Bank. In a May 3 report received by...
