Inquirer
Foreign direct investments (FDI) in the Philippines fell to their lowest level in 16 months in May, as persistently high inflation created a headache
The country’s spending on health as a share of the economy rose to its highest level in two years in 2023, according to the Philippine Statistics Au
The Philippine peso rallied back to the 56-per-dollar level on Tuesday to post its strongest finish in nearly four months. The local currency ended th
It wasn’t the choir that they wanted to preach to. Tempers flared at Manila Polo Club on Monday afternoon as the board of trustees faced a crowd of
PLDT Inc. is no longer pursuing talks with Japan’s Nippon Telegraph and Telephone Corp. (NTT) to sell up to 49 percent of its data center business,
The Philippines is expected to slow down its importation of rice this year even if the government has reduced tariff rates on this staple food. The US
Telecommunications giant PLDT Inc. posted flat earnings in the first half at P18.4 billion as its core businesses registered modest growth. Its financ
The six-month profit of LT Group Inc., the listed holding company led by taipan Lucio Tan, flatlined on lower returns from its tobacco business, which
Gotianun-led developer Filinvest Land Inc. (FLI) defied an industry-wide slump as it booked an 11-percent growth in first-semester net income, which r
Despite the challenges faced by the luxury property sector in the Philippines, the market for luxury properties continues to show potential for growth
The local currency’s strength against the US dollar fueled investors on Tuesday, pushing the bourse closer toward 6,700. By the closing bell, the be
MANILA, Philippines – The Board of Investments (BOI) has granted a green lane certificate to a solar power project claimed to be the world’s large
US wholesale prices rose less than expected last month as services costs fell, according to government data published Tuesday. The producer price inde
MANILA, Philippines – The Philippine peso closed Tuesday with its strongest finish in nearly four months, bouncing back to the 56 level to the US do
MANILA, Philippines — The franchise bill for the Manila Electric Company (Meralco) might be the most important proposal in Congress regarding the co
MANILA, Philippines – The government raised P30 billion from the Treasury bonds (T-bonds) auction on Tuesday. The Bureau of the Treasury (BTr) fully
MANILA, Philippines – Listed mining firm OceanaGold Philippines Inc. is expected to have higher gold and copper production in the second half of the
NEW YORK — Unexpectedly high medical bills are common in the United States, but there are ways to get relief. According to the Consumer Financial Pr
London, United Kingdom — Britain’s unemployment rate has unexpectedly dropped to 4.2 percent and wage growth has slowed to the lowest level in nea
SINGAPORE — The Singapore economy is now expected to grow at the upper end of the official forecast range in 2024, with external demand seen as re
