The research arm of Frankfurt-based Deutsche Bank sees a “ super ” El Niño developing from this month until July, threatening to further accelerate the surge in Philippine consumer prices already aggravated by the Middle East war. Deutsche Bank Research hiked its inflation assumption for...
While the Bangko Sentral ng Pilipinas (BSP) is seen raising key borrowing costs by up to 100 basis points (bps) more should inflation worsen, MUFG Bank Ltd. warned that such hawkish adjustments may not be enough to prop up the underperforming peso. According to the Japanese financial giant, the...
As one of the favorite punching bags of critics, the announcement of who’s in and who’s out in the list of most complained government agencies was a nerve-wracking experience for top officials of the Philippine National Police (PNP). And PNP chief Gen. Jose Melencio C. Nartatez, Jr. appeared to...
British banking giant HSBC is now leaning toward back-to-back jumbo interest rate hikes that could lift policy rates to six percent, as signs of de-escalation in Middle East tensions remain muted—potentially forcing the Bangko Sentral ng Pilipinas (BSP) to add another layer to its...
The University of the Philippines (UP) unveiled its strengthened innovation program at the Inoblasyon: The UP Innovation Summit 2026 in Taguig City, presenting how research is being turned into technologies, startups, and partnerships that support national development. The presentation was held at...
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...
Washington-based International Monetary Fund (IMF) urged the Philippines to resume public infrastructure spending under stricter governance standards to revive investor confidence, warning that the absence of accountable fiscal activity is stifling private investment and domestic growth. In a...
Samarkand, UZBEKISTAN — Central bank and finance chiefs from across the Association of Southeast Asian Nations (ASEAN), China, Japan, and South Korea are bracing for slower economic growth and higher inflation risks amid a prolonged war in the Middle East. In a joint statement on Sunday, May 3,...
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...
The Philippine Coast Guard (PCG) deployed its ships and aircraft to drive away four Chinese research vessels detected operating in Philippine waters without authorization on Sunday, May 3, as a separate civilian mission to Pag-asa (Thitu) Island in the West Philippine Sea (WPS) drew praise from the...
Farm materials that once had little value are now finding a new purpose, as a facility in Laguna helps turn agricultural by-products into sources of income for local communities. This is what a new facility in Laguna is doing; turning agricultural byproducts into higher-value products, as the...
The inflation-targeting Bangko Sentral ng Pilipinas (BSP) is expected to raise the policy rate by 25 basis points (bps) to 4.5 percent to confront war-driven price hikes head-on, according to investment banking giant Goldman Sachs. “Given its price stability mandate, we believe the BSP will hike...
