MANILA, Philippines — The Philippines ended a seven-month streak of dollar deficits in May, offering a tentative signal that pressures on the country’s external accounts may be starting to ease — though economists caution against reading too…
MANILA – Domestic fuel prices are projected to be slashed by as much as PHP9.50 per liter next week as international oil prices continue to decline amid expectations of the full reopening of the Strait of Hormuz. Passage…
Consumers in the Visayas can still expect rotational brownouts and other forced power interruptions as the grid is seen to operate in thin reserves for this week.…
CEBU CITY, Philippines — A top Philippine real estate executive is pressing housing regulators not only to clear a backlog in permit approvals but to publicly disclose data on the process and to explain shifting rules that…
CEO Maria Francesca Tan, MFT Group founder, has been issued a red notice by the International Criminal Police Organization (Interpol). This was after the request of the Securities and Exchange Commission (SEC) over Tan’s alleged role in…
MANILA, Philippines – Filipinos bracing for costlier loans and tighter household budgets got fresh cause for concern Thursday after the Bangko Sentral ng Pilipinas (BSP) moved to raise borrowing costs for the second time this year, as…
MANILA, Philippines – Cebu could soon welcome direct flights from Russia as one of the country’s largest carriers awaits regulatory approval to resume routes to the country, a Filipino diplomat said. Philippine Ambassador to Russia Igor Garlit…
CEBU CITY, Philippines — Artificial intelligence (AI) is no longer a tool reserved for large corporations, and Cebu’s business community must embrace it now or risk being left behind. That was the core message at the Cebu…
BANGKOK (AP) — After the U.S. and Iran signed their initial deal on ending the war, shares surged Thursday in Asia, with benchmarks in Japan and South Korea hitting fresh records. The rally in Asia followed a retreat Wednesday…
MANILA, Philippines — During a bilateral meeting in Kazan, Russia, on Wednesday, President Ferdinand R. Marcos Jr. and Russian President Vladimir Putin discussed ways to improve cooperation and explore the “good potential” on food and energy resources…
SINGAPORE — Despite inflation, peso depreciation, and the global slowdown, logistics continues as a standout growth sector in the Visayas, and economists urged industry stakeholders to embrace innovation to boost its growth. Experts from the University of…
CEBU CITY, Philippines – One of the country’s largest cashless ecosystem is going public. Mynt, Inc., the fintech company behind GCash, announced Wednesday, June 17, that its board of directors and shareholders have authorized the filing of…
