Businesses backed by private equity face heightened default risks, warns Bank of England
Businesses owned or supported by private equity (PE) are at a significantly higher risk of default compared to other large corporates, the Bank of England has cautioned. According to new research, these companies are more vulnerable to financial instability, particularly when
Inflation likely below 3% in Sept. — BSP
People look to buy vegetables at a market stall in Quiapo, Manila, Sunday. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, Reporter INFLATION likely eased below 3% in September, the Bangko Sentral ng Pilipinas (BSP) said, as food and
Factory activity at 2-year high in Sept.
Workers are seen inside a manufacturing facility in Sto. Tomas, Batangas in this file photo. — PHILIPPINE STAR/KJ ROSALESPHILIPPINE MANUFACTURING ACTIVITY continued to expand in September, hitting its highest in two years and outperforming its peers in Southeast Asia, S&P
End-Aug. outstanding debt dips to P15.5T
THE NATIONAL GOVERNMENT’S (NG) outstanding debt slipped to P15.55 trillion as of end-August due to a stronger peso and the net repayment of foreign debt, the Bureau of the Treasury (BTr) said. Data from the BTr showed that the NG’s debt
August hot money inflows hit $534M
JCOMP-FREEPIKMORE SHORT-TERM foreign investments flowed into the Philippines in August, data from the Bangko Sentral ng Pilipinas (BSP) showed.Transactions on foreign investments registered with the central bank through authorized banks posted a net inflow of $533.95 million, surging by 248%