Daily Business News

PH inflation slightly higher at 2.5% in November

PH inflation slightly higher at 2.5% in November Philippine headline inflation settled at 2.5% in November, slightly higher than the 2.3 percent seen in October. In...

PH debt up slightly to P16 trillion as of October

PH debt up slightly to P16 trillion as of October The country's total outstanding debt slightly increased by 0.8% to P16.02 trillion as of end-October,...

South Korean currency falls after president declares martial law

South Korean currency falls after president declares martial law The South Korean currency fell sharply against the U.S. dollar on Wednesday after President Yoon Suk...

Bank lending slows down in October

Bank lending growth slowed in October this year, while domestic liquidity maintained its growth rate. According to latest data from the Bangko Sentral ng Pilipinas...

House bill for financial literacy training for OFWs hurdles final reading

House bill for financial literacy training for OFWs hurdles final reading The House of Representatives has approved on the third and final reading a measure...

Peso nearing P59-to-a-dollar level

Peso nearing P59-to-a-dollar level The hesitation of the Bangko Sentral ng Pilipinas (BSP) to make another key policy rate reduction and the pronouncements of incoming...

DOF, GCash to make bonds accessible to retail investors

DOF, GCash to make bonds accessible to retail investors Retail Filipino investors will now have the chance to invest in bonds through the joint effort...

Converge Jan-Sept net income up 29% to P8.2 billion

Converge Jan-Sept net income up 29% to P8.2 billion Fiber broadband provider Converge ICT Solutions, Inc. posted a 29% increase in its net income in...

NEDA says PH still one of better ASEAN economies

NEDA says PH still one of better ASEAN economies Despite the Philippines recording a lower gross domestic product (GDP) growth of 5.25% in the third...