economy

T-bill rates rise on high-inflation, low-GDP woes

Yields on Treasury bills (T-bills) rose for the third straight week on Monday’s auction as…

Fresh bargain hunting lifts PSEi

Local stocks started the week higher as bargain hunters returned following last Friday’s losses, although…

BSP seen delivering ‘measured’ rate hikes

The Bangko Sentral ng Pilipinas (BSP) is likely to embark on a brief and “measured”…

7 more countries join Luzon corridor pact

There are now 10 countries participating in the Luzon Economic Corridor (LEC) partnership after the…

Peso tipped to weaken further, possibly sinking past 62 vs $1

The Philippine peso is expected to continue to underperform as the Middle East conflict drags…

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…