economy

GIR weighed down by MidEast war-induced volatility

The Philippines’ gross international reserves (GIR) fell to the lowest level in more than a…

Jumbo rate hikes seen despite anemic growth

The Bangko Sentral ng Pilipinas (BSP) may press ahead with more aggressive interest rate increases…

Higher provisions drag down PSBank earnings

Philippine Savings Bank (PSBank) saw its net income drop by 21.3 percent to P944 million…

Cosco March quarter income jumped 21.6%

Cosco Capital Inc. reported a 21.6-percent growth in first-quarter earnings as stronger consumer demand boosted…

Weaker peso bloats government debt 

The national government’s outstanding debt climbed to a fresh record high of P18.49 trillion at…

Banks to weather Iran shocks–BSP

The Philippine banking system has limited direct exposure to the conflict in the Middle East,…

PSEi rebounds on easing Mideast war

The Philippine Stock Exchange Index (PSEi) rebounded on Wednesday as investors welcomed signs of easing…

PNB Holdings’ IPO in limbo

LT Group Inc. (LTG) may push back the planned listing of the real estate arm…

PH manufacturers ‘squeezed’ as costs soar, demand falls

Philippine manufacturers are warning of a worsening double whammy from surging inflation and a renewed…

PSEi falls below 5,900 on inflation shock

The Philippine Stock Exchange Index (PSEi) retreated on Tuesday as investors digested a hotter-than-expected inflation…