By Katherine K. Chan, Reporter Philippine banks’ lending growth slowed to a near two-year low in January as outstanding loans continued to expand at a single-digit pace, preliminary central bank data ...

DESPITE what it called a humanitarian “disaster” in Afghanistan, the US said on Monday international assistance to the country should be evaluated, given Taliban “intransigence” and its exclusion of ...

SEVERAL OIL COMPANIES have agreed to spread out this week’s increases in fuel costs to temper the big-time adjustments reaching as much as P38.50 per liter as a widening war in the Middle East ...

THE PHILIPPINE PESO plunged to a new record low against the dollar on Monday while the main stock benchmark recorded its steepest single-day drop since 2020 as global oil prices spiked, threatening to ...

A HOUSE of Representatives committee will take up on Wednesday a proposal to suspend excise tax collections on petrol, a congressman said on Monday, seeking its swift approval to pave the way for ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is unlikely to hike rates in the near term even as oil price shocks due to the ongoing war in the Middle East are expected to weigh on inflation and the peso, ...

THREE regional shipping lines are raising passenger and cargo rates by up to 25% following a surge in fuel costs triggered by the closure of the Strait of Hormuz, which pushed global oil prices above ...

FIRST GEN CORP. has scaled down its planned investment in the pumped storage hydropower portfolio of Razon-led Prime Infrastructure Capital, Inc. (Prime Infra) to P61.88 billion from the P75 billion ...

ACEN CORP.’S consolidated net income plunged by 60% in 2025 as lower power prices in the spot market and operational headwinds offset a double-digit increase in renewable energy output. The Ayala-led ...

BACK TO DELIVER more entertainment and laughter this year is Asia’s biggest festival for improvisational theater and comedy — the Manila Improv Festival (MIF). Now that improv comedy is breaking ...

THE PHILIPPINE government raised just P19.2 billion from its Treasury bill (T-bill) auction on Monday, with yields climbing as investors remained cautious amid escalating Middle East tensions and ...

MANILA ELECTRIC CO. (Meralco) has signed a memorandum of understanding (MoU) with Korea Hydro & Nuclear Power (KHNP) and the Export-Import Bank of Korea (KEXIM) to collaborate on the development of ...