The Philippine Stock Exchange index (PSEi) rose on Wednesday, Aug. 12, as investor confidence was boosted by record highs in United States (US) bourses and the positive first-half performance of domestic blue-chip companies. The main index rose by 39.75 points, or 0.63 percent, to close at...
Even with weaker-than-expected economic growth in the second quarter and expectations of muted expansion for the year, Japanese investment bank Nomura Holdings Inc. expects the Bangko Sentral ng Pilipinas (BSP) to continue raising key borrowing costs to bring inflation back to its three percent...
The Philippine economy faces an uphill battle in the second half of 2026 after posting its weakest post-pandemic growth, with private sector economists warning that faster infrastructure spending, easing inflation, and stronger investor confidence will determine whether the country can meet the...
The Philippine Stock Exchange index (PSEi) edged higher on the last trading day of the week despite weak economic growth data as investors picked up bargains in anticipation of more corporate earnings reports next week. The main index added 12.4 points, or 0.2 percent, to close at 6,290.35 on...
Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC) holds one of the most hawkish outlooks on local monetary policy, pricing in a 25-basis-point (bp) rate hike at each of the remaining policy meetings in 2026 on expectations that inflation will stay elevated. OCBC Group Research expects...
Stocks closed slightly lower as surprising uptick in the domestic unemployment rate and lingering geopolitical tensions sapped investor confidence ahead of the government economic growth report. The Philippine Stock Exchange index (PSEi) shed 8.36 points, or 0.13 percent, to finish at 6,277.95 on...
China Banking Corp. (Chinabank), one of the two banking units of the SM Group, posted an 11-percent increase in net income to ₱14.5 billion in the first half of 2026 as it continued to deliver robust growth despite the challenging operating environment. In a disclosure to the Philippine Stock...
The Philippine Stock Exchange index (PSEi) declined on Wednesday, Aug. 5, despite the slightly lower July inflation rate of 6.2 percent as investors took profits ahead of the second-quarter gross domestic product (GDP) data release and amid overseas uncertainties. The main index dipped by 10.33...
Despite lingering upside risks to inflation, China Banking Corp. (Chinabank) expects the Bangko Sentral ng Pilipinas (BSP) to conclude its rate-hiking cycle this August, arguing that second-round inflation effects have largely dissipated. The projection follows a third consecutive month of...
Local equities fell as global geopolitical friction and domestic fiscal policy concerns eroded risk appetite, halting a previous session rally. The Philippine Stock Exchange index (PSEi) slipped 38.08 points, or 0.6 percent, to close at 6,296.64 on Tuesday, Aug. 4. Sectoral performance was mixed,...
Life moves fast. Your payment app should too—without the extra fees and unnecessary fuss. In a world where you can do almost anything with a tap, digital payments shouldn’t cost you extra just to access your money. That 's what BDO Pay is all about: A payment app built around handling...
The Philippine Stock Exchange index (PSEi) rallied on Monday, Aug. 3, after oil prices fell on news that the United States (US) had halted strikes against Iran to allow peace negotiations to resume. The main index jumped 98.28 points, or 1.58 percent, to close at 6,334.72. Services led the gains,...
