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Rate cut seen to boost growth
The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»
Slower US Inflation Spurs Fed Rate-Cut Optimism
Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
Marcos Jr. studying suspension of hike in PhilHealth rates premium hike
President Marcos is studying a proposal to suspend the implementation of the five percent increase in premium rates of the Philippine Health Insurance Corp.this year, Malacañang said yesterday......»»
Unless stopped by Palace, PhilHealth premium hike proceeds
The Philippine Health Insurance Corp. has started implementing the increase in premium contributions this month, in the absence of an order from Malacañang stopping the hike......»»
Chinese economy to moderate in 2024: ADB
Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»
HMOs incur higher P4.3 billion losses in 2023
The health maintenance organization industry suffered a bigger net loss of P4.3 billion in 2023, marking the second straight year of a weak bottomline, as benefits and claims by its members soared......»»
How smuggled ultraluxury Bugatti Chirons expose flaws in LTO
An IT system with a weak audit trail makes it easy to smuggle in one of the world's most expensive sports cars.....»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
Listed firms going all-in on AI
Companies listed with the Philippine Stock Exchange are gearing up for a year where they expect the use of artificial intelligence to impact the health of their bottom line......»»
CDC, Landbank offer online payment option for Clark firms
CDC, Landbank offer online payment option for Clark firms.....»»
DOH warns health workers vs gifts from pharma firms
The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»
State firms get higher subsidies
The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»
IT-BPM firms deemed best places to work in Philippines
Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»
Korean firms to help curb Northern Samar floods
Korean firms to help curb Northern Samar floods.....»»
2 logistics firms expand in Balamban
2 logistics firms expand in Balamban.....»»
Sandigan affirms dismissal of forfeiture vs 3 coco levy firms
The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»
Government decision on PhilHealth premium hike out soon
The government will come out with a decision on whether or not to push through with the Philippine Health Insurance Corp. premium contribution rate increase “very soon,” President Marcos said yesterday......»»