Philippines

Philippines may need larger rate hike as inflation soars past 7%

The BSP has warned that a prolonged oil price shock could disanchor inflation expectations

Acen has a 7 GW renewable energy capacity spanning projects in operation, under construction and with signed agreements.

Ayala’s Acen slows funding push after profit slump, shelved rights offer

The clean-energy player is shifting from rapid expansion to disciplined execution

The forecast, which is faster than the 4.1% in March, is also well above the central bank’s 2% to 4% target range

Philippine central bank sees inflation rising to three-year high

The Philippines imports nearly all its oil needs from the Middle East

Eugene Lee, chief marketing officer of Chagee (Asia-Pacific), says that even though tea is the world's second-most consumed beverage, it has not experienced “the same lifestyle elevation or premiumisation” that coffee has.

‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027

Localisation and securing prime store locations are key priorities as the brand expands in the region, says its Apac CMO

Metro Manila is phasing out ageing combustion-engine cabs that rely on curbside pickups and street-hailing.

Philippine taxis hit by fuel price hikes get electric lifeline from VinFast, Grab

Manila’s cab industry is turning a volatile energy crisis into an opportunity for modernisation

Manami Resorts sits on a sugar baron's "rest house" estate.
TRAVEL

From sugar barons to spectacular sunsets: The sweet life in Sipalay, Philippines

High-society pedigree meets environmental responsibility in an intimate resort by a sugar mogul’s daughter

“The inflation outlook has deteriorated amid the ongoing conflict in the Middle East,” the Bangko Sentral ng Pilipinas said.

Philippine central bank hikes rate as war sends inflation past target

The latest move officially ends a lengthy easing cycle that began in August 2024

Their weights will be introduced gradually, with Saudi Arabia expected to reach 2.52% and the Philippines 1.78% once fully phased in.

Saudi Arabia, Philippines to join JPMorgan emerging market bond index in 2027

The inclusion will cover Saudi riyal-denominated sovereign sukuk and Philippine peso-denominated government bonds

The next step for Asean’s finance track is to examine how central bank and supervisory tools can be brought into alignment with the region’s own stated ambitions. 

Closing the gap to boost Asean resilience against novel risks

The 13th Asean Finance Ministers’ and Central Bank Governors’ Meeting have set the right priorities. Now it is time to deliver

Once the immediate geopolitical stress fades, investors are expected to rotate back into pro-cyclical, trade-sensitive currencies linked to tech and global growth, says OCBC's Christopher Wong.
BT EXPLAINS

What’s behind the Singdollar’s strength amid the Iran war – and how long will it last?

The currency has emerged as a beacon of regional stability, shielding against geopolitical volatility