economy

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,…

PCA, Naturloop explore fiberboard venture

The Philippine Coconut Authority (PCA) and Swiss firm Naturloop AG are in talks to explore…

Rate cut pause sends PSEi below 6,100

The Bangko Sentral ng Pilipinas’ (BSP) surprise move to pause the easing cycle sent the…

PH banking system saw record profit in ’24

The Philippine banking system saw profits grow to a new record high in 2024, with…

Remolona: Peso slump to 60:$1 still possible

A peso fall to the 60-level against the US dollar remains “a possibility” despite the…

In surprise move, BSP keeps key rate steady

The Bangko Sentral ng Pilipinas (BSP) on Thursday defied market expectation after keeping the policy…

Loans swell at fastest pace in 2 yrs

Bank lending posted its fastest growth in two years to cross the P13-trillion mark in…

Gov’t raises P30B from T-bond offer

The Marcos administration was able to borrow more than initially planned during Tuesday’s sale of…