economy

New Zeland central bank cuts rates by 50 bps to help revive frail economy

WELLINGTON — New Zealand’s central bank cut its benchmark rate by 50 basis points to…

PSEi nears 6,100 as earnings season unfolds

The local bourse made a steep recovery on Tuesday and neared the 6,100 mark as…

Take advantage of PH growth momentum, investors urged

Ayala Corp. chair Jaime Augusto Zobel de Ayala underscored the Philippines’ immense investment potential in…

PH imported 20.8% more pork, beef in ’24

Meat imports reached 1.45 million metric tons (MT) in 2024, surpassing the volume recorded in…

PH, EU fast-track FTA talks; completion eyed before 2027

The Philippines is speeding up negotiations for the long-awaited free trade agreement with the European…

BSP rate cut pause spooks investors; PSEi down

Anxiety over the Bangko Sentral ng Pilipinas’ (BSP) move to pause its easing cycle spilled…

T-bill yields rise; P22B raised

Yields on short-dated debt paper went up for the second straight week during Monday’s sale…

Remittances hit new record high of $34.49B in 2024, up 3%

Money sent home by Filipinos overseas hit a new record-high in 2024, after the usual…

SMIC bullish on further growth this year

SM Investments Corp. (SMIC) is expecting income and revenue growth to continue this year on…

PH financial system’s resources cross P33T

Total resources of the Philippine financial system expanded in 2024 to hit the P33-trillion mark,…