Veteran banker appointed to MB
By Luisa Maria Jacinta C. Jocson, ReporterPRESIDENT Ferdinand R. Marcos, Jr. has appointed a veteran banker to the last seat of the Monetary Board (MB), completing the seven-member policy-making body of the Philippine central bank.Jose L. Querubin will take his
BSP easing cycle to reverse slowing consumption growth — Metrobank
THE PHILIPPINE central bank’s expected easing cycle could reverse anemic household spending in a country where consumption accounts for more than two-thirds of the economy. “As the BSP’s policy easing takes effect, Filipinos can look forward to a more favorable economic
PSEi may stack up well amid easing prices and rate cuts
REUTERSBy Revin Mikhael D. Ochave, ReporterTHE PHILIPPINE Stock Exchange index (PSEi) is projected to close the year at as high as more than 7,600 points, spurred by easing inflation and expected interest rate cuts.The benchmark index could end the year
‘Trump 2.0’ may hurt Philippine economy, according to Nomura
NATIONAL ARCHIVES AND RECORDS ADMINISTRATION PUBLIC DOMAINTHE PROTECTIONIST POLICIES of a potential Donald J. Trump presidency could hurt the Philippine economy through lower dollar remittances and revenues in the service sector, according to Nomura Global Markets Research.“We remain of the
Meralco boosts stake in SPNEC to 50.5%
PANGILINAN-LED Manila Electric Co. (Meralco) is increasing its stake in listed renewable energy company SP New Energy Corp. (SPNEC) to 50.5%. Meralco PowerGen Corp. (MGen), a fully owned subsidiary of Meralco, is acquiring an additional 5.8 billion shares or 11.6% of