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Assets of Philippines’ largest banks expand by 9.5% in 1st quarter thumbnail
OFW Today

Assets of Philippines’ largest banks expand by 9.5% in 1st quarter

THE COMBINED ASSETS of the Philippines’ largest banks grew by nearly 10% in the first quarter compared with a year earlier, driven by...

Ban on e&gaming could result in job losses, attract underground operators — consultant thumbnail
Philippine Courier

Ban on e&gaming could result in job losses, attract underground operators — consultant

THE proposed online gaming ban could result in job losses, the proliferation of underground gaming operations, and a decline in government revenue, a...

Below&target inflation supports case for another rate cut, analysts say thumbnail
OFW Today

Below&target inflation supports case for another rate cut, analysts say

THE BANGKO SENTRAL ng Pilipinas (BSP) will be able to further reduce interest rates amid below-target inflation and weak economic growth, analysts said....

Biodiesel blend changes suspended amid high global prices of coco oil thumbnail
Philippine Courier

Biodiesel blend changes suspended amid high global prices of coco oil

THE Department of Energy (DoE) said it suspended the planned increase in the coco methyl ester (CME) component of biodiesel, citing the potential...

Groundwork for growth: Villar Land’s strategic landbank play  thumbnail
OFW Today

Groundwork for growth: Villar Land’s strategic landbank play 

As the Chinese proverb says, “The best time to plant a tree was twenty years ago. The second best time is now.” That...

British Columbia Investment buys stake in KKR’s Pinnacle Towers thumbnail
OFW Today

British Columbia Investment buys stake in KKR’s Pinnacle Towers

SINGAPORE – Global investment firm KKR said on Monday that British Columbia Investment Management Corp (BCI) will acquire a minority stake in Pinnacle...

Globe provides laptops to Bohol barangays; assists LGU resolve local disputes thumbnail
OFW Today

Globe provides laptops to Bohol barangays; assists LGU resolve local disputes

In support of digital inclusion and grassroots empowerment, Globe donated ten refurbished laptops to several barangays in Bohol to start off their digitalization...

PCCI, MBC concerned over legislated wage hike thumbnail
OFW Today

PCCI, MBC concerned over legislated wage hike

THE Philippine Chamber of Commerce and Industry (PCCI) and Makati Business Club (MBC) on Thursday expressed concern over a legislated wage hike, saying...

Japan debt watcher affirms Philippines’ ‘A&’ rating thumbnail
OFW Today

Japan debt watcher affirms Philippines’ ‘A&’ rating

THE JAPAN Credit Rating Agency (JCR) has again maintained the Philippines’ “A-” rating with a “stable” outlook, citing the country’s resilient economic growth...

Inflation eases to over 5&year low thumbnail
OFW Today

Inflation eases to over 5&year low

By Luisa Maria Jacinta C. Jocson, Senior Reporter HEADLINE INFLATION eased to an over five-year low in May, as utility costs rose at...