Baguio City’s famous chilly weather in December has officially arrived, with the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) recently recording a temperature of 13.8 degrees Celsius. Health officials urged the public to dress appropriately such as jackets, sweaters, bonnets and socks and by drinking warm water, tea or soup. They also advised getting enough rest to help prevent …

By DIEGO C. CAGAHASTIAN Governor Eli Remolona Jr. of the Bangko Sentral ng Pilipinas (BSP) tried his hand at financial diplomacy in the international stage, with his plan to make regional financial health a focus for the Association of Southeast Asian Nations (Asean) next year. Remolona said the Bangko Sentral wanted to play an active role in setting Southeast Asia’s …

Government officials especially the economic team of President Bongbong Marcos were happy to report that the inflation rate in November was down to 1.5%, a tiny improvement from October’s 1.7%, according to the Philippine Statistics Authority (PSA). The PSA pointed out that the latest inflation rate figure is lower compared to the same month in 2024, which was 2.5%. In …

The banking industry is robust, and retail investors, businesses and individual consumers are availing themselves with affordable loans from the banks. This bodes well for a growing economy, even if saddled with various political woes. The Bangko Sentral ng Pilipinas (BSP) has released its preliminary data showing bank lending continued to expand in October, driven by steady credit demand from …

The 28-day Bangko Sentral ng Pilipinas bill (BSPB) registered a lower yield in this week’s auction as investors continued to show strong appetite for short-term securities, the BSP reported Friday. In a statement, the central bank said the weighted average interest rate (WAIR) for the 28-day tenor fell by 6.45 basis points week-on-week to 4.9461 percent. The BSP kept the …

The Philippine Charity Sweepstakes Office (PCSO), on Monday, topped the Governance Commission for GOCCs (GCG) performance evaluation award, highlighting the agency’s superlative performance score of more than 100% for 2024. At the awards ceremony for Government Owned and Controlled Corporations (GOCCs) organized by GCG at the City of Paranaque, PCSO surpassed other top-ranking GOCCs recognized for exemplary performance, demonstrating the …

On November 22, Café Mabini in San Juan turned into a lively hub of stories, shared passions, and forward momentum as  VinFast Philippines gathered VinFast owners, EV enthusiasts, and first-time explorers for “Unbound Together: Catch the VF Vibes,” a first-of-its-kind meetup framed not just as a social gatherin, but as a celebration of a growing movement late last month at …

Grab is working with New NAIA Infra Corp.– the private consortium operating Ninoy Aquino International Airport — to ease pick-up bottlenecks at key terminals as airports remain a demand hotspot amid surging arrivals while also coordinating with the Department of Transportation and the LTFRB to ensure the availability of ride-hailing options this season.  Grab Philippines managing director Ronald Roda said: …

BYD Cars Philippines, a subsidiary of ACMobility, invites motorists to rediscover the joy of travel with vehicles designed for every lifestyle whether heading home for the holidays or exploring new destinations in which every journey becomes more meaningful with comfort, confidence, and excitement on the road. The BYD Sealion 5 DM-i brings these moments to life, combining smooth Super DM-i …

Lalamove, the leading on-demand delivery platform, announced the findings from its latest SME survey which revealed that Filipino small and medium enterprises remain cautious despite having an optimistic outlook for the Philippines’ business landscape, remaining careful in their business decisions because of several persistent challenges. About 61 percent of Filipino SMEs said they have a cautious but optimistic outlook in …