The Philippines touts a 5.6 percent gross domestic product (GDP) growth in 2024, the highest in the region. With the highest GDP growth rate and one of the two biggest national budgets in ASEAN (2021-2025), it has little to show—except the lowest GDP per capita in the region. Besides, our 1.9...
Investors in the Philippine stock market will be watching out for news on how the mid-term elections was conducted and how the Marcos administration’s candidates fared while also waiting for the release of remittance numbers. Rizal Commercial Banking Corporation Chief Economist Michael L....
Despite an accelerated loan loss provisioning, Alfredo Yao 's Philippine Business Bank managed to grow its net income by 15.4 percent to ₱590.0 million in the first quarter of 2025 from the ₱511.5 million earned in the same period last year on the back of higher margins. In a disclosure to...
Local furniture manufacturers are seeking immediate government intervention to safeguard the industry from the impact of the 17-percent tariffs imposed by the United States on Philippine goods, citing the risk of potential factory closures and job losses. In a position paper addressed to the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
The 16th Philippine SME Business Expo (PHILSME 2025) commenced at the SMX Convention Center, Mall of Asia Complex, drawing thousands of entrepreneurs and industry players. The two-day B2B trade show aims to fuel business momentum under the theme "Driving Momentum: Pursuing Ingenuity, Resiliency,...
The University of Santo Tomas (UST) on Saturday, May 10, expressed support for a resolution issued by the Commission on Higher Education (CHED), which it views as confirmation of its compliance with legal standards in the allocation of Tuition Fee Increase (TFI) funds. University of Santo Tomas /...
As the country prepares for the national and local polls set for next week, TDC and LENTE announced on Friday, May 9, that they have reestablished their election monitoring center to assist public school teachers serving as poll workers across the country. The Teachers ' Dignity Coalition...
In preparation for possible health emergencies related to the 2025 national and local elections, the Department of Health (DOH) announced on Friday, May 9, that its Central Office will be placed under Code White Alert next week. DOH / MB Visual Content Group From May 11 to 14, the DOH said its...
The local stock market ended the week higher as investors cheered to announcement of a trade deal between the US and the UK. The main index jumped 68.71 points or 1.08 percent to close at 6,458.20 as Conglomerates led the advance while Miners declined with weaker gold prices. Volume grew to 738...
Mall vacancy is projected to return to pre-pandemic levels this year as foreign retail brands strive to capture the interest of a populace that still prefers shopping inside physical malls, according to a report by property advisory firm Colliers. In its first quarter Metro Manila retail report,...
The 2nd International Machinery, Tools & Accessories Philippines (IMTAP 2025) and 3rd Philippine Subcon & Manufacturers Exhibition (PSMEX 2025) officially opened on May 8, 2025, with a well-attended and high-energy ceremony at the Lobby of Hall A, World Trade Center Metro Manila. The event welcomed...
