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Debt servicing hits ₱1.4 trillion as domestic refinancing costs soar
1+ day, 9+ hour ago (56+ words) Manila Bulletin Press Escape to quit searching Debt servicing hits ₱1.4 trillion as domestic refinancing costs soar Upgrading tertiary education to enhance PH competitiveness Faith anchored in service, progress rooted in values His hand was restored A greatness measured in lives…...
Peso sinks to fresh record-low ₱62.4:$1 as global risks fuel calls for clearer BSP guidance
5+ day, 7+ hour ago (509+ words) Despite a fresh policy rate hike, escalating geopolitical risks and rising import costs dragged the Philippine peso to a record-low ₱62.4 to the dollar, fueling market demands for clearer guidance from the central bank. The peso slid to another historic-low close…...
Japan’s House Foods weighs sale of Curry House CoCo Ichibanya operator
5+ day, 9+ hour ago (173+ words) TOKYO — Japan’s House Foods Group Inc. is considering selling listed subsidiary Ichibanya Co., the operator of the Curry House CoCo Ichibanya, or CoCo Ichi, restaurant chain, it was learned on Monday, Aug. 31. The major food maker is apparently looking to…...
Philippine growth seen topping 4% in Q4 on infrastructure rebound—UA&P
5+ day, 12+ hour ago (679+ words) Philippine economic growth could return to above four percent by the fourth quarter of 2026 as a rebound in government infrastructure spending, softer crude oil prices, and improving demand conditions offset a likely weak third quarter, according to economists from the…...
Philippines an inflation hot spot as oil, weather risks mount—UOB
1+ week, 4+ day ago (518+ words) The Philippines remains among Asia’s inflation hot spots as renewed Middle East tensions and extreme weather threaten to intensify energy and food price pressures. Based on the three-month moving average monitored by Singapore-based United Overseas Bank Ltd. (UOB), “inflationary pressures…...
Capital Economics sees ‘slow and bumpy’ Philippine recovery, 3% growth in 2026
1+ week, 4+ day ago (487+ words) The Philippine economy is headed for a “slow and bumpy” recovery, with growth likely to fall below the government’s target this year after the multibillion-peso flood control corruption scandal and the war in the Middle East dragged economic expansion to…...
Manila Bulletin - Globeâs 52% stock discount hides cash-generating powerhouse
1+ week, 4+ day ago (21+ words) Globe’s 52% stock discount hides cash-generating powerhouse Manila Bulletin Press Escape to quit searching Globe's 52% stock discount hides cash-generating powerhouse...
War-driven oil risks keep case for BSP rate hike alive—Goldman Sachs
1+ week, 5+ day ago (581+ words) With dust from the United States (US)-Iran war still swirling in the air, global inflation remains vulnerable to a sudden resurgence in oil prices, according to global investment banking giant Goldman Sachs, keeping the case for a preemptive hike…...
Deutsche Bank sees BSP rate hike to 5% as necessary to tame inflation, protect incomes
1+ week, 6+ day ago (670+ words) Further increasing the key borrowing cost to five percent is needed to curb still-elevated price pressures that are hurting consumers’ pockets, Frankfurt-based Deutsche Bank AG said. Deutsche Bank Research joined the hawkish consensus, pricing in a quarter-point hike at the…...
Growth that reaches the last mile
2+ week, 8+ hour ago (19+ words) Manila Bulletin Press Escape to quit searching Growth that reaches the last mile...