3+ day, 13+ hour ago   (412+ words) MANILA, Philippines — Net inflow of foreign direct investments in the Philippines fell in the first half, as market volatility and concerns on the country’s growth momentum prompted investors to place their capital elsewhere. Latest data from the Bangko Sentral ng…...

3+ day, 13+ hour ago   (745+ words) It was an eventful Thursday in Taguig, where a posh hotel hosted the vaunted Luzon Economic Corridor Investment Forum—a first-of-its-kind gathering that packed some 600 local and international investors and business executives into a single hall. Graced by President Marcos…...

4+ day, 13+ hour ago   (393+ words) MANILA, Philippines — The share of bad loans on Philippine banks’ lending books rose in July, as more borrowers fell behind on credit card and motor vehicle payments amid persistently high inflation. Latest data from the Bangko Sentral ng Pilipinas (BSP)…...

5+ day, 13+ hour ago   (335+ words) MANILA, Philippines — Projects covered by the government’s “green lane” program are getting permits about 11 days faster than usual, helping strategic or nationally significant investments move closer to implementation. Latest data from the Board of Investments (BOI) showed that, based on…...

5+ day, 16+ hour ago   (378+ words) MANILA, Philippines — The Philippines’ foreign exchange reserves climbed to a five-month high in August, helped by a surge in the value of the central bank’s gold holdings and gains from its overseas investments despite financial-market volatility stemming from the US-Iran…...

5+ day, 18+ hour ago   (399+ words) MANILA, Philippines — Bank lending accelerated in July, as stronger growth in business loans more than offset a slight slowdown in consumer credit. Loans from big banks grew 10.4 percent from a year earlier to nearly P15 trillion, according to the latest data…...

5+ day, 19+ hour ago   (424+ words) MANILA, Philippines — Some midsize Philippine banks could be more exposed than the country’s largest lenders if bad debts doubled, S&P Global Ratings said, warning that the rapid growth of unsecured retail loans could imperil asset quality. In a note…...

5+ day, 21+ hour ago   (396+ words) MANILA, Philippines — War-driven pressures, higher interest rates, and sluggish economic growth have all but eliminated any chance of growth in the Philippine automotive market in 2026, with BMI projecting an 8.7 percent drop in vehicle sales. In a recent report, Fitch Solutions…...

6+ day, 13+ hour ago   (476+ words) MANILA, Philippines — At least five Southeast Asian countries have committed to pursuing a regional oil stockpiling initiative to cushion the bloc against future oil supply shocks, such as the ongoing crisis triggered by the war in the Middle East. Trade…...

6+ day, 15+ hour ago   (311+ words) MANILA, Philippines — The arrival of September marks the start of the Philippines’ famous “Ber” months and the unofficial kickoff to the Christmas season. Still, local supermarkets say the early holiday cheer is not translating into immediate sales. According to Steven…...