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Consumer

Private sector fuels record $8.7 billion in ADB non-sovereign cofinancing

The Asian Development Bank (ADB) significantly amplified its development impact in Asia and the Pacific in 2024, mobilizing a record $14.9 billion in co-financing....

Philippine agricultural trade surges by 10.6% in March 2025

The Philippine Statistics Authority (PSA) has announced a robust 10.6 percent year-on-year increase in the country's total agricultural trade for March 2025, reaching USD...

Philippine debt remains manageable amid robust revenue performance

The Bureau of the Treasury reported that the National Government’s (NG) total outstanding debt remains at a manageable PHP 16.68 trillion as of end-March...

PH economy grows slower in Q1, still among region’s fastest

The Philippines' gross domestic product (GDP), or the sum of all products and services created within an economy, grew by 5.4 percent in the...

Tourism boom strengthens Philippine economy and local industries

The Philippine economy continues to demonstrate steady growth under President Ferdinand R. Marcos Jr., propelled by a resurgence in tourism, robust consumer spending, and...

URC starts FY2025 strong with Php 45.3 billion in Q1 sales, driven by branded consumer foods

Universal Robina Corporation (URC), one of the Philippines’ largest food and beverage companies, reported robust first-quarter results for the fiscal year 2025, posting consolidated...

Growth in bank lending moderates in March amid slower expansion across key sectors

The Bangko Sentral ng Pilipinas (BSP) today released preliminary data showing that the outstanding loans of universal and commercial banks (U/KBs), net of reverse...

PhilRatings assigns PRS A+ rating with stable outlook to NRCP

The Philippine Rating Services Corporation (PhilRatings) has assigned a financial strength rating of PRS A plus, with a Stable Outlook, to the National Reinsurance...

ATRAM and UnionBank seal strategic partnership

ATRAM Group (ATRAM) and Union Bank of the Philippines (UnionBank) have officially signed and sealed their strategic partnership following the Bangko Sentral ng Pilipinas'...

Nestlé PH and SF Group forge partnership to boost sustainable coffee farming in Mindanao

Nestlé Philippines and the SF Group of Companies (SFGC) have signed a memorandum of agreement (MOA) formalizing a strategic partnership to advance sustainable and...

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