The potential of nascent industries in the Philippines – BusinessWorld Online Edwin G. Pato, SM Investment Corporation’s executive vice president of Treasury, Finance, and Planning, talks about the country’s nascent industries. Interview by Almira MartinezVideo editing by Arjale Queral AgarWalEkwensi RELATED ARTICLESMORE FROM AUTHOR […]
Donald Trump’s social media venture, Trump Media & Technology Group (TMTG), has unveiled plans to expand into cryptocurrency and fintech services through a new brand dubbed Truth.Fi. The announcement sent shares in TMTG—owner of the Truth Social platform—up 15% in pre-market trading on Wednesday. Under the Truth.Fi banner, TMTG says it will invest up to […]
Fruits are displayed at a market in Quezon City, Dec. 29, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN PRIVATE SECTOR economists expect inflation to remain within the central bank’s 2-4% target from this year to 2026, the Bangko Sentral ng Pilipinas (BSP) said. The BSP’s latest survey of external forecasters in its Monetary Policy Report showed […]
REUTERS By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES is so far on track to achieve its target of exiting the Financial Action Task Force’s (FATF) “gray list” by next month, the central bank’s top official said. Asked about the progress on the country’s final steps to exiting the gray list, Bangko Sentral ng […]
BW FILE PHOTO THE PHILIPPINE Dealing and Exchange Corp. (PDEx) will introduce the country’s first peso-denominated interest rate hedge next week as part of efforts to boost activity in the fixed-income market. PDEx President and Chief Executive Officer Antonino A. Nakpil said the bond trading platform will launch a new derivative product called government bond […]
Thousands of people flocked to Chinatown in Binondo, Manila to celebrate Lunar New Year, Jan. 30, 2025. — PHILIPPINE STAR/WALTER BOLLOZOS A RECOVERY in household consumption could drive Philippine gross domestic product (GDP) growth to the 6% range this year, HSBC Global Research said. “We think household consumption in the Philippines should return, bit by […]
PHILIPPINE STAR/MIGUEL DE GUZMAN THE ASIAN Development Bank (ADB) approved a $500-million policy-based loan for the Philippines to boost disaster resilience and response. In a statement, the ADB said the Second Disaster Resilience Improvement Program is a multiyear contingent disaster financing program. The loan will provide the Philippines with quick access to financing during natural […]
FIRSTGEN.COM.PH THE DEPARTMENT of Energy (DoE) has identified 12 qualified bidders, including units of First Gen Corp. and San Miguel Corp. (SMC), for the third round of the Green Energy Auction (GEA-3) to be held this year. In an advisory released on Wednesday, the DoE announced that the registration documents submitted by the qualified suppliers […]
PIXABAY PHILIPPINE MOBILE network operators (MNOs) should consider the adoption of the rich communication services (RCS) standard to provide Filipinos with upgraded and secure messaging options, global cloud communications platform Infobip said. “I really hope the Philippines will be in the radar because this is a very engaged market when it comes to communications and […]
ADOLFO FELIX-UNSPLASH GOTIANUN-LED Filinvest Land, Inc. (FLI) is eyeing more office space leasing deals with government agencies to boost its commercial segment. “We’re starting to tap into more government office requirements since they have the budget. Hopefully, we’ll be able to get more this year because there is demand,” FLI President and Chief Executive Officer […]