HEADLINE INFLATION sharply slowed to a near six-year low in July as utilities and food costs continued to ease, data from the Philippine Statistics Authority (PSA) showed.

THE PHILIPPINE GOVERNMENT on Tuesday raised P210 billion from its latest retail Treasury bond (RTB) sale — the third under the Marcos government and the first to accept subscription via an e-wallet.

BANK LENDING rose to a four-month high in June amid a jump in consumer loans, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Outstanding loans of universal and commercial banks ...

KFC Philippines expects 73% of its new stores by the end of 2025 to open under a sub-franchising model, where it grants franchise rights to individuals through local partners, as it targets investors ...

WILCON DEPOT, INC. (Wilcon) saw its second-quarter (Q2) net income fall by 18.72% to P626 million on lower sales. For the second quarter, the company’s combined revenue decreased by 2% to P8.80 ...

PANGILINAN-LED Philex Mining Corp. saw its second-quarter (Q2) attributable net income decline by 20.5% year on year to P170.81 million due to lower gold and copper output. Operating revenues dropped ...

GOTYME BANK has partnered with TikTok Shop to roll out customizable business loans for micro, small and medium enterprises (MSMEs) operating on the e-commerce platform, aiming to close funding gaps ...

PHILIPPINE Savings Bank (PSBank) has ended its peso bond offering after just one day amid strong investor demand. The thrift unit of Metropolitan Bank & Trust Co. (Metrobank) has closed its offer of ...

The Capital Markets Efficiency Promotion Act (CMEPA) took effect on July 1 following its complete publication. CMEPA was passed in recognition that the financial sector plays a significant role in the ...

PHILIPPINE STOCKS edged higher on Tuesday as market sentiment got a boost from slower July inflation, which boosted bets of another rate cut as early as this month. The bellwether Philippine Stock ...

THE Bureau of Internal Revenue (BIR) may miss its collection target if the government bans online gambling. “In case online ...