CAR ENTHUSIASTS attend the Manila International Auto Show in Pasay City, April 4, 2024. — PHILIPPINE STAR/RYAN BALDEMORBy Justine Irish D. Tabile, Reporter PHILIPPINE automotive sales grew by an annual 6.6% in August, despite a decline in passenger car sales,

Consumer spending is expected to accelerate ahead of the holiday season. Christmas decorations are now up at a shopping mall in Antipolo, Rizal, Sept. 16, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINES’ credit rating

BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas (BSP) could reduce local banks’ reserve requirement ratio (RRR) to as low as 7% this year, Metropolitan Bank & Trust Co. (Metrobank) said.“While we expect the central bank to continue cutting rates in

Students wade through floods along Taft Avenue in Manila, Aug. 31, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMANAROUND 44% of young Filipinos expect future generations to be “worse off than today,” amid rising concern over climate change, education and lack of

JBDODANE-FLICKRDEVELOPERS have committed about P250 billion to construct 158 accommodation projects, totaling 40,084 room keys, signifying strong confidence in the tourism sector, according to the 2024 Philippine Accommodation Pipeline Report.“That 40,000 room keys equate to approximately P250-billion commitment over the