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HSBC bullish on Philippine economy
British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»
PNP chief: No need for new war on drugs
Newly installed Philippine National Police chief Gen. Rommel Francisco Marbil sees no need to declare a war on drugs for the country to achieve drug-free status......»»
Fitch sees Philippine economy growing by 6.4% in 2024
“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»
Nothing wrong with owning semi-automatic rifles – Robin
Gun enthusiast Sen. Robinhood Padilla sees nothing wrong with the revised Philippine National Police regulations on the firearms law, which allowed citizens to own 7.62 mm semi-automatic rifles......»»
Abando back, De Liaño out in EASL Final Four in Cebu
Rhenz Abando, who played well for Gilas Pilipinas in the FIBA World Cup, makes his anticipated Philippine comeback when his Korean mother club Anyang Jung Kwan Jang sees action in the East Asia Super League Final Four tomorrow at the Hoops Dome in Lapu-Lapu City, Cebu......»»
William Navarro believes NorthPort capable of reaching PBA finals
William Navarro sees something special in this present NorthPort group as the Batang Pier look to make a splash in the PBA Philippine Cup.....»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Moody’s Analytics sees below 5 percent GDP in Q4
Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»
Security Bank sees 5.8 percent economic growth in Q4
Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»
Metro heat index may reach 43 degrees today
Metro Manila is expected to sizzle with a heat index of up to 43 degrees Celsius today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Summer is officially here, says Pagasa
Friday, March 22, 2024, has been declared as the official start of the summer season by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Dr. Nathaniel Servando, Pagasa chief, announced this during a press briefing, today. READ: Pagasa forecasts two days of 46°C heat index in La Union “Today, we officially declare the start of.....»»
Why are meme stocks rallying again?
Here is what you need to know about the recent surge in meme stocks.....»»
DA execs test positive for COVID-19
At least two ranking officials of the Department of Agriculture (DA) have tested positive for COVID-19, amid a surge in cases and the threat of new FLiRT variants......»»
BSP may need to tighten if inflation surges – HSBC
“Policymakers would then need to tighten the monetary reins even further if inflation were to surge in the future, supporting our view that, when the dust settles, monetary policy in the Philippines will likely be higher for longer.”.....»»
DTI monitoring import surge amid RCEP effectivity
The government is closely monitoring imports to detect if there are any surges following the implementation of the mega trade deal Regional Comprehensive Economic Partnership agreement, the Department of Trade and Industry said......»»
Alas spikers wow hometown crowd
Displaying incredible grit, Alas Pilipinas tamed a higher-ranked India, 22-25, 25-21, 25-17, 25-18, last night to continue its surge in the AVC Women’s Challenge Cup before another sellout crowd at the Rizal Memorial Coliseum......»»
From the Newsrooms: May 12 to 18, 2024
By: CMFR StaffPosted on: May 20, 2024, 11:48 am WHO IS Alice Guo? The question remains unanswered even as the media grapple with information about the identity and citizenship of the woman who was elected as mayor of Bamban in Tarlac province. The case has sparked questions and concerns that Alice Guo may be part of surge of immigration from the People's Republic of China and their pos.....»»
SMC profit jumps 61% in January-March
Conglomerate San Miguel Corp. reported a 61-percent surge in its net income before accounting for foreign exchange adjustments to P14.5 billion in the first quarter......»»
Agriculture loans surge to P3.2 trillion
Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»
Philippines FDI net inflows grow by 29.3 pct in February
MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»