Manufacturing growth steady in Aug.
FACTORY ACTIVITY in the Philippines expanded at a steady pace in August amid a “modest” improvement in operating conditions, with firms ramping up production, S&P Global said.
Delinquent companies can settle SEC fines at lower rates until Nov. 30
THE SECURITIES and Exchange Commission (SEC) has launched an incentive program that allows noncompliant and delinquent corporations to settle fines and penalties at “significantly” lower rates.
Executive order on EV incentives eyed by yearend
A PROPOSED executive order (EO) on the Electric Vehicle (EV) Incentive Strategy will likely be endorsed to the office of President Ferdinand R. Marcos,...
Faster consumption key to PHL hitting 2024 growth target, says S&P Global
FASTER PRIVATE CONSUMPTION will be crucial for the Philippine economy to hit its growth target this year, S&P Global Ratings said.
S&P Global economist...
Analysts see improving foreign investment outlook for PHL
LOWER INTEREST RATES will help drive the entry of more foreign direct and portfolio investments into the Philippines, analysts said.
NG debt hits P15.7 trillion
THE NATIONAL Government’s (NG) outstanding debt hit a fresh high of P15.69 trillion as of end-July amid an increase in domestic and external borrowings, the Bureau of the Treasury (BTr) said.
‘Trump 2.0’ may hurt Philippine economy, according to Nomura
THE PROTECTIONIST POLICIES of a potential Donald J. Trump presidency could hurt the Philippine economy through lower dollar remittances and revenues in the service...
PSEi may stack up well amid easing prices and rate cuts
THE PHILIPPINE Stock Exchange index (PSEi) is projected to close the year at as high as more than 7,600 points, spurred by easing inflation and expected interest rate cuts.
BSP easing cycle to reverse slowing consumption growth — Metrobank
THE PHILIPPINE central bank’s expected easing cycle could reverse anemic household spending in a country where consumption accounts for more than two-thirds of the...
Veteran banker appointed to MB
PRESIDENT Ferdinand R. Marcos, Jr. has appointed a veteran banker to the last seat of the Monetary Board (MB), completing the seven-member policy-making body of the Philippine central bank.