The fresh cut to the cash requirements of banks next month could give the Bangko Sentral ng Pilipinas (BSP) enough space to delay its next rate cut and match the slow pace of monetary policy easing in the United States, analysts said....
When the country’s new transport chief was called to serve the public, he immediately said yes. Vivencio Dizon, who was just sworn into office last week, replaced Jaime Bautista, who stepped down to focus on his health. He did say,...
The Bangko Sentral ng Pilipinas (BSP) wants banks and electronic money (e-money) issuers to follow a set of regulations when creating a one-stop digital marketplace for financial products and services, in a bid to ensure consumer...
The Export Marketing Bureau (EMB) of the Department of Trade and Industry plans to release a new set of procedures for local exporters seeking value-added tax (VAT) exemption and zero rating by next month. “We are targeting to finalize...
The Board of Investments (BOI) of the Department of Trade and Industry has tallied P4.61 trillion worth of investments under the “green lane” priority program, a roster that now spans 184 projects. Bobby Fondevilla, executive director of...
The energy subsidiary of tycoon Ramon Ang’s San Miguel Corp. (SMC) is pursuing various projects in different stages of development and with generating a capacity totaling about 4,000 megawatts (MW) to further build up its portfolio,...
More than a year since opening its doors, the Ayala Group’s Healthway Cancer Care Hospital (HCCH) is keeping its target of caring for 10,000 patients this year despite missing their goal in 2024. Paolo Borromeo, president and CEO of...
Filipino entrepreneurs and brands have gotten accustomed to reaching out to their customers via Viber, which has been expanding its suite of services apart from messaging in the age of super apps. Rakuten Viber senior director for sales...
I see this again and again: Most business owner-operators are doing “too much.” Not enough focus. They think they gain by doing a lot of different things, expand here, diversify there, because they are not aware of the most important...
About a year ago, on Feb. 26, 2024, a historic piece of legislation was signed into law: the Tatak Pinoy Act or Republic Act No. 11981. This landmark act represents not just a policy shift but a bold assertion of the Philippines’...
Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as…
The French cognac industry says it is losing 50 million euros ($50 million) per month since the imposition of antidumping duties by China and appealed for government help.…
Walmart delivered another year of strong sales and profits as its competitive prices became a strong magnet for inflation-weary shoppers, yet uncertainty about the state of the American…
Seven & i Holdings Co is expected to make U.S. private equity firm Bain Capital the preferred buyer for its intermediate subsidiary operating Ito-Yokado supermarket chain, a source…
Elon Musk's management style has once again sparked debate, this time for asking federal workers to provide a list of what they accomplished last week.
The ASX is poised to follow Wall Street's lead lower as concerns mount about the US economy and falling consumer demand. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
An increase in government assistance, better relationships between tenants and landlords and bolstered housing stocks are just some of the solutions Australia's leading housing experts have offered to solve the country's rental crisis.
A determined group of Kangaroo Island farmers has turned an unlikely dream into reality by opening a local wool mill in the wake of the Black Summer bushfires.
Data shows just 2 per cent of total capital raised in Australia in 2024 went to all-female founded teams in 2024. Some of Australia's leading entrepreneurs and investors think Australia should ignore Donald Trump and instead follow...
The national government has intervened in a local planning squabble, which has become a symbol for how far it will go to use development as a way to revive the British economy.
Doug Alexander has been named team leader for metals and mining in the Americas for Bloomberg News. He has been on the company’s agriculture and metals team in Toronto as an editor. Alexander previously spent 14 year covering Canadian...
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
The UK fashion outlet, which first opened here in 2003, employs 347 staff nationwide and is winding down its Irish operations following years of sustained losses.
Global trends, trading activity of foreign investors and news flow on tariffs are expected to influence movement in the equity market in a holiday-shortened week ahead, analysts said.Equity markets would remain closed on Wednesday for...