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Peso sinks to 58.9 per $1, lowest in over 2 years

The Philippine peso sank to its lowest level in over two years on Wednesday to…

Cut rates or pause? BSP mulls over December move

A third interest rate cut and an easing pause are both on the table of…

PH seen to miss ʼ24 GDP growth target

Economic growth this year might fall short of President Marcos’ goal, Citi Research said as…

More PH rate cuts coming, says BofA

With inflation expected to continue trending down in the Philippines, the Bangko Sentral ng Pilipinas…

LG out to turn ‘clicks’ into new cash cow

There may come a time when iconic Korean home appliance manufacturer LG Electronics will earn…

BSP: Remittances continue climb, up 3.2% in Sept

Money sent home by Filipinos overseas grew 3.2 percent in September, the same pace seen…

Start of monetary easing cycle excites the bulls

Months after what analysts called a “disappointing year so far” for the local bourse, experts…

PH rice imports hit record high

Philippine rice imports are inching closer to the 4-million metric ton (MT) mark, already surpassing…

PH ʼ24 tourism arrivals forecast cut to 6M

The volume of tourist arrivals in the Philippines is expected to reach just 6 million…

Net FDI inflow fell by 14.5% in Aug

The net inflow of foreign direct investments (FDI) to the Philippines fell by nearly 15…