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For those interested in learning more about the Philippine business environment and economic profile, our blog area contains articles on finance, foreign investments, industry updates, entrepreneurship, and other business subjects.

For local and international businesses that wishing to set up operations in the Philippines, our articles give vital insights on best practices in conducting business in the Philippines.

This section aims to keep you informed and up to date with the latest of developments in the business landscape so that you can better prepare and stay ahead in your business endeavors.

Latest National News

The latest of BIR & SEC related articles and headlines that are of significance to the business world are presented at your convinience and regularly updated.

This section provides insights and analysis on the economy, industry performance and regulation, business deals, corporate earnings, and economic markets.

08 Jan, 2023

Digital payment systems top BSP agenda in 2023

THE Bangko Sentral ng Pilipinas (BSP) said its work program for 2023 will focus on the launch of new digital payment streams, while undertaking preparatory measures ahead of the rollout of a Central Bank Digital Currency (CBDC), Governor Felipe M. Medalla said in his New Year’s message.
“This year, we are targeting to launch other digital payment streams, such as InstaPay Debit Pull and Request to Pay. We also aim to issue a merchant acquiring and aggregation licensing framework and a cooperative oversight framework,” Mr. Medalla said.

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08 Jan, 2023

Peso may move sideways amid data releases

THE PESO may move sideways against the dollar this week, with the market to monitor data at home and in the United States for leads.The local unit closed at P55.64 per dollar on Friday, strengthening by 11 centavos from its P55.75 finish on Thursday, Bankers Association of the Philippines data showed.
Week on week, the peso strengthened by 11.5 centavos from its P55.755 close on Dec. 29. The peso opened Friday’s session weaker at P55.85 per dollar. It dropped to as low as P55.89, while its intraday best was at P55.57 against the greenback.

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09 Jan, 2023

Fitch unit: Philippine exports to soften in 2023 despite China reopening

Philippine exports are forecast to soften this year despite China, a major trading partner, emerging from strict pandemic restrictions as demand is likely to remain subdued because of a looming global recession.

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Latest International News

Be updated with the latest international news and world events from Asia, Europe, the Middle East, and more overseas

This section will provide accurate and consistent information on policies and recommendations on issues concerning the securities market for it will garner confidence and assurance for people to continue doing business with no worries.

09 Jan, 2023

Meralco rates likely up this month

Indications point to higher electricity rates for Manila Electric Co. (Meralco) this January, its third consecutive month of increase, according to an official of the power distributor.
“Likely up,” Meralco vice president and head of utility economics department Lawrence Fernandez told The STAR over the weekend.

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08 Jan,2023

Policymaking in 2023

What can we expect from Ferdinand Marcos, Jr.’s administration in terms of policymaking in 2023? We can second-guess how the administration will conduct itself this year in two ways. The first is by examining how current conditions, global and national, will influence policy. The second is by reviewing actual behavior and performance of the Marcos administration in the previous year.
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07 Jan, 2023

Gokongweis end up with higher stake in BPI

The Gokongwei Group is ending up with a higher 10.4-percent stake in Ayala-led Bank of the Philippine Islands (BPI) amid the ongoing merger of the banking arms of the two largest conglomerates in the country.
In a disclosure to the Philippine Stock Exchange (PSE), the Gokongwei Group said the board of directors of Robinsons Retail Holdings Inc. has approved the purchase of the 4.4-percent effective equity interest of Arran Investment Pte. Ltd. in BPI.

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