economy

‘Gutsy’ BSP rate cut seen unlikely to weigh down peso

The Philippine peso may slightly weaken but remain stable after the Bangko Sentral ng Pilipinas…

UK raises stake in PH dev’t

The United Kingdom has committed to boost trade and investment flows to the Philippines, making…

Investors cheer rate cut, push PSEi past 6,800

For the first time since April, Philippine stocks barreled through the 6,800 barrier as investors…

BSP: PH poised to hit GDP growth goal for ’24

Economic growth in 2024 could settle around the lower-end of the 6 to 7 percent…

Remittances hit 2024 high of $2.88B in June

Money sent home by Filipinos abroad reached its highest level so far this year in…

SRA: PH may not export raw sugar this coming crop year

The Philippines may allocate all its raw sugar for domestic consumption as local production remains…

PSEi eases down as BSP cuts policy rate

Philippine shares slipped below the 6,700 level on Thursday as anxious investors gauged the Bangko…

BSP shaves rate by 25 bps, kicks off easing cycle

The Bangko Sentral ng Pilipinas (BSP) on Thursday cut the policy rate for the first…

UN launches new way to measure nations’ economic vulnerability

UNITED NATIONS, United States — The UN General Assembly on Tuesday officially launched a new…

FDIs fall to 16-mo low as high rates, geopolitical tensions bite

Foreign direct investments (FDI) in the Philippines fell to their lowest level in 16 months…