US, Philippines ink landmark deal on nuclear cooperation

The United States and the Philippines on Friday signed a landmark deal that would allow Washington to export nuclear technology and material to Manila,...

BSP keeps policy rate steady at 6.5%

THE BANGKO SENTRAL ng Pilipinas (BSP) left policy rates unchanged on Thursday as inflation eased in October, but reiterated it was prepared to resume tightening if needed.

Around 80 infrastructure projects to be financed by MIF

PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday said the Philippines is eyeing to finance 80 potential infrastructure projects through the country’s first sovereign wealth fund.

BTr eyes P10 billion from maiden offering of tokenized T-bonds

THE BUREAU of the Treasury seeks to raise P10 billion from the Philippines’ maiden offering of peso-denominated tokenized Treasury bonds (TTBs). In a notice on...

PHL economy to grow close to 6-7% target this year, says Marcos

PHILIPPINE President Ferdinand R. Marcos, Jr. struck an optimistic note about the prospects of his nation’s economy, voicing confidence that the country was on...

Remittances jump by 2.6% in Sept.

CASH REMITTANCES from overseas Filipino workers (OFWs) jumped by 2.6% in September amid steady demand for healthcare and maritime workers abroad.

Maharlika fund to invest in airports, power projects

THE MAHARLIKA Investment Fund (MIF) is looking to deploy a portion of its capital to invest in airports and power projects that will bring...

Elevated office vacancy rates to persist — report

OFFICE VACANCY in Grade A and prime offices in Metro Manila remained high in the third quarter as companies continued to implement hybrid and...

Rules on digital workforce competitiveness out

THE NATIONAL Economic and Development Authority (NEDA) has released the implementing rules and regulations (IRR) for a law that seeks to ensure the Philippines’...

Foreign investment pledges surge in Q3

FOREIGN INVESTMENT pledges approved by investment promotion agencies (IPAs) more than doubled in the third quarter from the same period a year ago, the...

ADB approves $400-M loan to improve PHL tax system

THE ASIAN Development Bank (ADB) has approved a $400-million loan for the Philippines to reform tax policies and ramp up revenue collection. In a statement...

Banking industry’s net income climbs by 10% as of end-September

THE PHILIPPINE BANKING industry’s profits climbed by 10.4% as of end-September, driven by higher interest income and lower losses on financial assets, according to central bank data.
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