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The Philippines jumped four spots to 47th out of 70 economies with a score of 59.07 out of 100 in the 2026 edition of the World Competitiveness Ranking by the International Institute for Management Development (IMD). This was the...
THE BANGKO SENTRAL ng Pilipinas (BSP) raised interest rates for a second straight meeting on Thursday and signaled further measured hikes amid broadening spillover effects of oil shocks stemming from the Middle East war. The Monetary Board...
HEALTHCARE SPENDING accounted for a larger share of the Philippine economy in 2025, as inflation and increased spending boosted health expenditures. Preliminary data from the Philippine Statistics Authority (PSA) showed national...
THE PHILIPPINES climbed four spots in a global competitiveness index, although weakness in government efficiency and infrastructure kept it among the lower-ranked economies in the Asia-Pacific region, according to the IMD World...
PHILIPPINE BANKS lent nearly P3 trillion to the domestic agriculture sector in the first quarter, exceeding the minimum required financing, preliminary Bangko Sentral ng Pilipinas (BSP) data showed. As of March, loans extended to the...
THE Pag-IBIG Fund has announced promotional housing loan rates for members buying homes above the socialized housing price ceiling up to P10 million. These form part of the fund’s continuing efforts under the Marcos administration’s...
DOUBLEDRAGON Corp. has increased its ownership in MerryMart Consumer Corp. to 98.61% following the completion of a mandatory tender offer, effectively securing near-full control of the listed retailer and paving the way for its planned...