Even as the Philippine peso depreciated against the United States (US) dollar at a pace that was among the worst among emerging market (EM) currencies last week, the Bangko Sentral ng Pilipinas (BSP) is still expected to cut interest rates this week. Data from the Bankers Association of the...
Expectations are growing among foreign banks for the Bangko Sentral ng Pilipinas (BSP) to reduce key interest rates consecutively when its Monetary Board (MB) decides on the policy stance in June and August, with global investment banking giant Goldman Sachs joining the chorus. "We continue to...
Philippine Army (PA) Reserve Officer Training Corps (ROTC) cadets showcased next-generation technological research designs for defense and disaster response during the first ROTC Innovation Expo at the Technological University of the Philippines (TUP) Main Campus in Ermita, Manila on Sunday, June...
The Philippines will receive a $500-million loan, or about ₱27.9 billion, from the Asian Development Bank (ADB) to support efforts to make the local agriculture sector more sustainable through 2030. ADB agriculture, food, nature, and rural development sector office senior director Qingfeng Zhang...
The Manila-based Asian Development Bank (ADB) will invest $1.5 billion, or about ₱83.8 billion, through a five-year farming program aiming to improve rice productivity and low-carbon rice production across Asia and the Pacific (APAC), including the Philippines. This is part of the multilateral...
Philippine universities are facing an uphill battle on the global academic stage, according to the newly released Philippines University Rankings 2025 by the Center for World University Rankings (CWUR), published on Monday, June 2. Despite the inclusion of two institutions—University of the...
The Bangko Sentral ng Pilipinas (BSP) is seen cutting interest rates for two consecutive policy meetings as inflation falls to below-target levels, according to Deutsche Bank Research. In a May 31 report emailed on Monday, June 2, Deutsche Bank Research forecast headline inflation in May at 1.5...
Another 25-basis-point (bp) interest rate cut by the Bangko Sentral ng Pilipinas (BSP) is widely expected at its monetary policy meeting next month, as inflation slides and economic growth weakens. In a May 9 report, Deutsche Bank Research said the lower-than-expected 5.4-percent gross domestic...
The Philippine Coast Guard (PCG) has mobilized BRP Teresa Magbanua (MRRV-9701) and an aircraft to monitor, challenge, and escort a Chinese research vessel suspected of conducting illegal marine scientific research off the coast of Ilocos Norte. Tan Suo 3 was detected entering the country’s...
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...
House Speaker Martin Romualdez (Speaker’s office) Ranking congressmen have hailed House Speaker Martin Romualdez for steering the chamber to its enviable status as the highest-rated branch of government, based on the results of the latest...
President Marcos said a latest survey showing that he remains the most trusted and approved government official in the country "validates" his administration's efforts within his term. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Marcos said it is validation that the...
