Ayala Land, Hilton to open Canopy hotel in 2026

Manila, Aug. 13 -- Ayala Land Hospitality partnered with hotel giant Hilton for the opening of the first Canopy by Hilton hotel in Makati City in 2026. The hotel will be located above the new One Aya... Read More

Filipinos urged to invest in government's Retail Treasury Bond

Manila, Aug. 13 -- State-owned Development Bank of the Philippines (DBP) has urged the public to invest in the Bureau of the Treasury's (BTr) latest Retail Treasury Bonds (RTBs) and help the national ... Read More

$400-M ADB loan to expand PH flagship social protection program

Manila, Aug. 13 -- The Asian Development Bank (ADB) approved a USD400 million loan to help the Philippines reduce hunger, food insecurity, and poor nutrition. In a statement Wednesday, the ADB said t... Read More

Banks' non-performing loans down in June

Manila, Aug. 12 -- The proportion of non-performing loans (NPLs) of Philippine banks to their total loans continued to ease in June this year, data released by the Bangko Sentral ng Pilipinas (BSP) sh... Read More

Berong Nickel Corporation secures MPSA for Long Point Mine in Palawan

Manila, Aug. 12 -- Berong Nickel Corporation (BNC), a subsidiary of DMCI Mining, recently signed a mineral production sharing agreement (MPSA) with the Mines and Geosciences Bureau (MGB), for its Long... Read More

BSP likely to further reduce rates

Manila, Aug. 11 -- The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) will likely deliver another interest rate cut during the MB's next meeting on Aug. 28. "Things look good, we have r... Read More

PH foreign reserves at $105.7-B in July

Manila, Aug. 7 -- The country's foreign reserves remained healthy despite the slight decline in July, the Bangko Sentral ng Pilipinas (BSP) said. Data released Thursday showed that the gross internat... Read More

BSP finalizing new rules to protect consumers from online gambling

Manila, Aug. 7 -- The Bangko Sentral ng Pilipinas (BSP) is finalizing new rules that will protect consumers from the risks associated with online gambling. In a statement Thursday, the BSP said the u... Read More

Balisacan: Halt on rice imports not likely to cause higher inflation

Manila, Aug. 7 -- The 60-day suspension on rice importation will not likely cause an increase in inflation, Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan said T... Read More

Manufacturing output continues to grow in June

Manila, Aug. 7 -- Factory output maintained its growth trajectory last June, though at a slightly slower pace compared to May, according to the latest data from the Philippine Statistics Authority (PS... Read More

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