Inflation rate on a ‘downward trajectory,’ says Neda chief
MANILA, Philippines — The country’s inflation rate is already on a “downward trajectory” and is seen to ease this year,…
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RECOVERY
Philippines seen to triple Asian trade by 2030
MANILA – Trade between the Philippines and 11 other Asian markets could triple by 2030, highlighting the potential of intra-regional…
LBC Business Solutions celebrates a year of growth with partners at Shippers’ Night
Businesses went through unprecedented challenges over the last two years because of the effects of the pandemic. With the situation…
SM’s strong recovery and retail growth, key support to MSMEs
SM Investments Corporation’s strong retail-led growth mirrors growing consumer spending despite lingering inflation risks. This growth in spending activity is…
Confident PH consumers ready for retail therapy
Eager to move on from the pandemic, Filipino consumers were raring to spend more on retail shopping and “large” items…
Cash remittances to PH hit new high of $31.4B in 2021
Filipinos living or working abroad never faltered in their commitment to send more money back home despite the prolonged COVID-19…
Inflation slowed to 3% in January
The rate of increase in the prices of basic goods and services in the Philippines settled at 3 percent year-on-year…
OFW remittances reached $31.59B as of Nov 2021, up 5.3%
The inflow of US dollars from overseas Filipino workers (OFWs) is shoring up the Philippines’ external position, with personal remittances…
SMIC seeks to borrow P15B more from bond market
The country’s largest conglomerate, SM Investments Corp. (SMIC), has filed a registration statement to raise as much as P15 billion…
BDO set to borrow P5 billion via fresh green bond offer
Banking giant BDO Unibank Inc. is preparing to raise another P5 billion in debt from a massive P365-billion bond program…
PH seen growing fastest in Asean-5 in 2022
Investment banking giant Goldman Sachs expects the Philippine economy to grow the fastest in Asean (Association of Southeast Asian Nations)-5…
PH to end 2021 with healthier trade balances as economy recovers, says BSP
Philippine exports are on track toward closing the year with better numbers and sustain the sector’s improved performance in the…
Factory output surged 124% in September
Factory output growth moderated to a still strong on the back of expansion posted in 13 industries, the Philippine Statistics…
Trendspotting 2022 and beyond
At the recently concluded 12th Mansmith Market Masters Conference, we asked three seasoned marketers – Kakam Gabunada, Vice President of…
PH external trade rose 25.3% to $16.5B in August
External trade jumped by a fourth to $16.5 billion in August not only due to base effects but also to…
Optimism cascades to smaller firms
(Second of two parts) Looking at the country’s top business groups, 11 out of 13 delivered better earnings in the…
Factory output surged 539.7% in Aug
The finished goods churned out by the country’s factories soared 539.7 percent year-on-year in August due to the base effects…
Manufacturing back to expansion mode in Sept
The manufacturing sector resumed expansion in September as quarantine curbs were gradually lifted, but global supply constraints and expensive inputs…
PH businesses regaining lost ground
More than a year into the pandemic that dragged the economy last year to its worst recession since World War…
Consumers, business optimistic about Q4, says BSP survey
Filipino consumers are more optimistic about the coming final quarter of the year, but are less upbeat about their prospects…
Sustained PH recovery may be finally under way
The shift to more targeted lockdowns and the plan to ramp up mass vaccination will augur well for the Philippines’…
DMCI Mining profit surges on record nickel ore shipment
DMCI Mining Corp.’s profitability soared during the first semester of the year after recording about a 400-percent increase in its…
Brands with a heart stand to win big post-pandemic
In these most uncertain times, how can companies grappling with an omnipresent pandemic and rapidly shifting market preferences survive and…
Puregold sustains profit growth
Grocery chain operator Puregold Price Club Inc. sustained the earnings growth momentum seen since last year amid a prolonged coronavirus…
Local governments’ H1 revenue collections up by 4%
Tax and nontax revenues collected by local governments in the first half of 2021 inched up by about 4 percent…
PH seen staying on growth track in Q3 on slowing COVID-19 cases
The Philippines is seen avoiding a slowdown in its economic rebound in the third quarter amid relatively lower COVID-19 infections…
Shakey’s restarts expansion plan after difficult 2020
After the disruptions caused by the pandemic in 2020, restaurant chain operator Shakey’s Pizza Asia Ventures Inc. has resumed its…
PH recovery gaining traction, says Diokno
The recovery of the Philippine economy from its worst postwar contraction last year is starting to gain traction as evidenced…
PH outlook improves as COVID-19 cases decline
The declining number of COVID-19 cases in the Philippines augurs well for economic recovery and the return of jobs lost…
Kickstart intensifies hunt for elusive ‘unicorn’
Ayala group-backed corporate venture capital firm Kickstart Ventures has intensified its hunt for future “unicorns” here and abroad notwithstanding a…
Paymaya operator secures P8B to fund digital bank dream
The privately held technology company behind the PayMaya mobile wallet successfully raised , or over P8 billion, to fund its…
Infra projects to create 1.6M more new jobs this year–Villar
The big-ticket infrastructure projects currently rolled out by the government will create an additional 1.6 million jobs this year, President…
PH faces COVID-19 employment challenge
As the Philippines rebounds from the pandemic, strengthening labor market programs will be critical to help workers and enterprises make…
Treasury raises P 21B from T-bills at lower rates
The Bureau of the Treasury on Monday raised a bigger P21 billion from short-dated treasury bills as rates declined across…
Unionbank starts year strong, Q1 profit surged 79% to P4.7B
Aboitiz-led UnionBank of the Philippines (UBP) grew its first quarter net profit by 79 percent year-on-year to P4.7 billion on…
Registered investment pledges up 66% in Q1, says BOI
The Board of Investments (BOI) saw a 66-percent increase in investment commitments from January to March to P138 billion from…
Trailblazing CEO takes GCash to new heights
Taking over the helm of a multi-billion-peso company is challenging enough in the best of times, certainly even more…
Surviving, bouncing back from pandemic woes
As the Philippines deals with a new surge of Covid-19 cases, creating an atmosphere of uncertainty reminiscent of early 2020,…
Aboitiz keeps ‘economic engines’ running toward recovery
Over a year into the devastating COVID-19 pandemic, the Aboitiz Group is ready to march toward recovery with renewed —yet…
Private sector as the reliable partner for economic recovery
Even before the COVID-19 pandemic struck, Philippine companies, including the Ayala group, were already working on programs around the evolving,…
Globe reinvents everyday experiences
Food, water, shelter, clothing, Vitamin C, and a robust internet connection—in a pandemic-ridden world, these are our new essentials, especially…
Digital adoption chance to ‘tech up,’ build up PH–UnionBank
Money changing hands became risky behavior because of COVID-19 so Filipinos promptly jumped online for financial transactions. “The pandemic broke…
IMF turns bullish on PH
While most other multilateral institutions had slashed their respective 2021 gross domestic product (GDP) growth forecasts for the Philippines, the…
San Miguel Corp. continues to invest heavily in the Philippines’ future
The work of nation-building never stops. And for San Miguel Corp. (SMC), one of the country’s largest and most diversified…
Adapting and thriving in new realities based on new strategies
It has been more than a year since the first local transmission of COVID-19 was reported in the Philippines, prompting…
Nobody is impervious to disease
When – not if – a perilous sickness strikes, the high costs can stun the unprepared. That is a lesson…
Investing in the health of the Philippines
The Ayala Group was just going back to its roots when it reentered the Philippines’ healthcare sector with the acquisition…
Women leaders share how they “Choose to Challenge”
This year’s International Women’s Day theme is , where all of us, not just women, are asked to challenge…
PH business owners more upbeat for 2021, BSP survey shows
Filipino business owners are more upbeat about their prospects over the next 12 months as the economy began to adapt…
More firms see return to prepandemic profits in 2022
Most business leaders in Southeast Asia expect their enterprises to return to prepandemic profitability levels by 2022 and most are…
Manufacturing sustains growth in March
Manufacturing sustained year-on-year growth in March, before the most stringent lockdown measures were again imposed in Metro Manila and four…
Cash losing hold on its throne
Cash is king, it’s often said. And for a long time, it was an undisputed fact of everyday payments…
RCBC digital banking unit rolls out loan marketplace
Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC) digital banking platform DiskarTech is rolling out this April a loan marketplace targeting consumers…
Chua: The economy needs the young up and about
It is often said—quoting national hero Jose Rizal—that the youth is the hope of the nation. In these difficult times,…
Rapid changes in banking industry seen this year
Banks will face an environment of accelerated innovation this year after investing resources to account for last year’s business model…
PH limps as it exits recession
The good news is that after a horrible 2020, when the coronavirus (COVID-19) pandemic wreaked havoc on the global economy,…
Telco, fintech firms emerge as biggest winners in 2020
As the year 2020 came to a close, it was time for businesses to count their wins or losses. And…
Philippines Inc.’s CSR efforts help country survive and, hopefully, end pandemic
In a country where the government’s response to any crisis is often, for one reason or another, inadequate and found…
Sectors that not only survived, but thrived during the pandemic
MANILA, Philippines —If there’s a rising tide that lifts all boats, there may also come a time, no matter how…