Daily Business News

Trump open to 90-day delay in imposing elevated tariffs

US President Donald Trump is considering a 90-day delay in imposing elevated reciprocal tariffs, as its major trading partners are in an uproar and...

Washington to impose 104% tariff on China

The US will impose a 104% tariff on China beginning Thursday (Manila time), as Washington said that it was a mistake for Beijing to...

Factory production goes down in February

Factory output dropped in February this year, according to preliminary data released by the Philippine Statistics Authority (PSA). Preliminary results of the latest Monthly Integrated...

Bitcoin falls below $75,000 on Trump’s tariff policy

Bitcoin's value fell below $75,000 on Monday, caused by the uncertainty caused by the reciprocal tariffs US President Donald Trump ordered imposed globally starting...

Trump tariffs shock stock markets; China makes harsh response

The imposition by the United States of reciprocal tariffs as ordered by US President Donald Trump has sent shock waves to stock markets globally,...

BSP sees 2025 inflation settling at 2% to 4%

The Bangko Sentral ng Pilipinas (BSP) sees inflation for the rest of the year remaining within its target of 2% to 4%, following the...

Tesla global deliveries fall; Musk suffers consequence of political moves

The deliveries of Tesla vehicles fell sharply by 13% in the first quarter of this year compared to the same period in 2024, caused...

Megawide Block-2 project in Cebu to be finished early next year

The Block-2 project of the Carbon Public Market in Cebu will be completed by the first quarter of next year, its developer Megawide Construction...

BSP sees March inflation at 17% to 2.5%

The Bangko Sentral ng Pilipinas (BSP) projects headline inflation to settle within the range of 1.7% to 2.5% in March this year. Inflation settled at...