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By The Financial District
Jul 8, 20242 min read
Bangko Sentral, PHL Economic Team Cite Growth Story
The Bangko Sentral ng Pilipinas (BSP) teamed up with the country’s economic managers to highlight the Philippines’ growth potential and...
By The Financial District
Jul 8, 20241 min read
German Government Averts Crisis With Budget Agreement
The German government has reached an agreement on the budget for 2025 and a stimulus package for Europe’s largest economy, easing a months..
By The Financial District
Jul 8, 20241 min read
Business Confidence Drops In Japan’s Retail, Service Industries
Business confidence among large nonmanufacturers dipped for the first time since June 2020, reflecting rising prices of raw materials due...
By The Financial District
Jul 6, 20241 min read
Metro Subway Works In Full Blast As DOTr Eyes Using 6 Tunnel Boring Machines By Year-End
Construction works for the Metro Manila Subway Project (MMSP) have been accelerated, with three tunnel boring machines (TBMs) currently in..
By The Financial District
Jul 5, 20242 min read
BBM Cites Infrastructure Projects For Growth Push
President Ferdinand R. Marcos Jr. has highlighted various major government infrastructure projects designed to boost the economy and....
By The Financial District
Jul 5, 20243 min read
DA To Launch "Program 29" – ₱29 per Kilo Rice For The Poor
The Department of Agriculture will launch today a large-scale trial of "Program 29," an initiative spearheaded by President Marcos.
By The Financial District
Jul 5, 20242 min read
Bicam Approves Digital VAT On Nonresidents, Allocates ₱900-M To Creative Industries
House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) announced that the Bicameral Conference Committee on the VAT on non...
By The Financial District
Jul 5, 20241 min read
Powell Says Inflation Must Fall Before Rates Are Cut
The US central bank still needs more data before cutting interest rates to ensure that recent weaker inflation readings give a true...
By The Financial District
Jul 5, 20242 min read
PSE Index Up A New Milestone Level
The Philippine Stock Exchange (PSE) index reached a new milestone level Thursday, closing at 6,507.49 points, up by 57.46 points or 0.89...
By The Financial District
Jul 4, 20241 min read
Inflation Measure Preferred By Fed Shows Cooling Prices: CBS
An inflation measure closely tracked by the Federal Reserve slowed to its smallest annual increase in three years, prompting some Wall...
By The Financial District
Jul 4, 20241 min read
Japan Set To Compel Manufacturers To Use Recycled Plastics
The government has indicated that Japan is set to obligate major manufacturers to utilize recycled plastics as part of efforts to cut...
By The Financial District
Jul 4, 20241 min read
Global Fossil Fuel Use And Emissions Hit Record Highs
The world consumed record amounts of oil, coal, and gas last year, pushing planet-heating carbon pollution to a new high.
By The Financial District
Jul 3, 20242 min read
PSE Index Rebounds, Posts Hefty Rise
The Philippine Stock Exchange (PSE) index Wednesday posted a hefty rise to 6,450.03 points, up by 91.07 points or 1.43 percent on bargain...
By The Financial District
Jul 3, 20241 min read
China's June Factory Activity, Services Slow Anew
China's manufacturing activity fell for a second month in June, while services activity slipped to a five-month...
By The Financial District
Jul 3, 20241 min read
Livestock Farmers To Pay Carbon Tax In Denmark, A World-First
Denmark will become the first country in the world to tax livestock farmers for the greenhouse gases (GHG) emitted by their cows, sheep...
By The Financial District
Jul 3, 20241 min read
Slowing U.S. Economy Raises Fed Policy Error Risk
Softening in the measure of inflation favored by the Federal Reserve highlights a slowing economy that’s upping the risk of a policy error..
By The Financial District
Jul 3, 20241 min read
Global Shares Mostly Lower As Wall St. Gains
World stocks were mostly lower on Tuesday after stocks advanced on Wall Street and yields jumped in the US bond market as election-related..
By The Financial District
Jul 3, 20242 min read
PSE Index Remains In Red Territory
The Philippine Stock Exchange (PSE) index declined again Tuesday as index-heavy holding firms fell.
By The Financial District
Jul 2, 20241 min read
Rural Banks To Foster Inclusive Growth
The Bangko Sentral ng Pilipinas (BSP) emphasized the importance of digitalization in enhancing rural bank operations during the Rural Bank..
By The Financial District
Jul 2, 20241 min read
PH Pharma Industry Pain Points Bared
Special Assistant to the President for Investment and Economic Affairs, Secretary Frederick Go, urged concerned national government...
By The Financial District
Jul 2, 20241 min read
China Issues Rare Earth Regulations To Protect Own Supply
China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the..
By The Financial District
Jul 2, 20241 min read
PHP6.352 Trillion National Budget For 2025 Eyed
The Development Budget Coordination Committee (DBCC) has proposed a PHP6.352 trillion national budget for 2025, which President Ferdinand...
By The Financial District
Jul 2, 20241 min read
Tech Boom Leads Global Markets Through First Half Of 2024
The unstoppable march of the mega caps, central bank pivots, political events, and mergers and acquisitions (M&A) defined the first half...
By The Financial District
Jul 2, 20242 min read
PSE Index Down In Muted Volume
The Philippine Stock Exchange (PSE) index started the month declining to a milestone level in muted volume as locals accounted for just 12..
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