Headline inflation in January 2025 remained unchanged at 2.9 percent year-on-year, matching the rate recorded in the previous month. This figure aligns with the Bangko Sentral ng Pilipinas’ (BSP) forecast and stays within the government’s target range of 2-4 percent for the year. On a month-on-month seasonally adjusted basis, inflation showed a slight decline of 0.1 percent in January, compared …

The steady inflation rate will allow the Bangko Sentral ng Pilipinas (BSP) to further reduce interest rates to boost consumer spending and economic growth, Finance Secretary Ralph Recto said. The Philippine Statistics Authority reported last week that the country’s headline inflation remained at 2.9 percent. Core inflation, which excludes selected volatile food and energy items, also eased to 2.6 percent …

LG Electronics Philippines received a prestigious recognition at the 60th Anvil Awards for its campaign, “LG OLED TV Illuminates Artistic Legacy at the National Museum of Fine Arts.” The campaign won a Silver Anvil in the Public Relations Tools (Special Events) category, celebrating its innovative approach to blending technology and culture. In May 2024, LG collaborated with the National Museum …

SM Foundation, the social good arm of the SM Group, has opened its college scholarship program, with applications running from February 1 to March 31, 2025.  The initiative aims to provide comprehensive educational support to qualified senior high school graduates nationwide. The scholarship package includes full tuition coverage, monthly stipends, and paid internship opportunities within the SM Group during semester …

The  Bangko Sentral ng Pilipinas (BSP) announces the Discount Window Facility (DWF) applicable interest rates effective Feb. 10. The new rates  are as follows: A. Peso Loan Maturity/ Rate (%)1 – 90 days — 6.922591 – 180 days — 7.0950 B. United States (US) dollar Loan Maturity/ Rate (%)1 – 90 days — 6.8028091 – 180 days — 6.80280181 – …

Retired Justice Stephen Caperiña Cruz  was re-elected as Chairman of the Board of Directors of the Philippine Postal Corporation (PHLPost). Justice Cruz officially took his oath beforePostmaster General and CEO Luis D. Carlos  and the Board of Directors last Feb. 4. The oath-taking ceremony was also attended by the Board of Directors, including Ricardo R. Blancaflor, Noel V. Dacasin,and Ernesto …

Estate Water, an operating unit of Manila Water Non-East Zone subsidiary Manila Water Philippine Ventures (MWPV), recently celebrated its ninth anniversary in the water service industry by commemorating their major feats in the past year. Established in 2016, Estate Water is a recognized water and wastewater service provider with expertise on sustainable construction, development, improvement, management and operation of water …

The Department of Trade and Industry (DTI)  and the Department of Public Works and Highways (DPWH) have renewed their commitment to the Roads Leveraging Linkages for Industry and Trade (ROLL IT) Program in Iloilo. This collaboration focuses on  completing ongoing projects from 2018 to 2024, supported by a P130 million funding allocation for nine road infrastructure projects in the region. …

The Manila International Container Terminal (MICT), International Container Terminal Services Inc.’s (ICTSI) flagship operation and the Philippines’ largest and most advanced container terminal, continues to invest in expanding capacity and improving terminal efficiency through infrastructure enhancements, equipment upgrades, and digital transformation. These investments support growing trade volumes as well as advance customer service. To meet rising demand, MICT is constructing …

LandBank and Yovel East Research and Development, Inc. (Yovel East) have  partnered to further intensify support for Filipino farmers through accessible and increased financing and greater private-sector collaboration. The partnership is set to expand the reach and impact of the LandBank AGRISENSO Plus Lending Program– designed to provide holistic and strategic support for key players in the agricultural value chain– …