Metro Business
All-new CL500: Iconic street scrambler style for modern Filipino rider
If you’re a Bi Bike enthusiast who’s in need of a ride that lets you efficiently tour the city in style then you’re in for a treat. Honda Philippines, Inc. (HPI), the No.1 motorcycle manufacturer in the country recently released The All-New CL500, the latest in a long line of ...
Holcim launches eco-friendly Optimo for infrastructure building
As part of efforts to decarbonize the local construction, leading building solutions provider Holcim Philippines, Inc. has launched a better alternative to ordinary Portland cement (OPC) that ensures concrete strength and durability while lowering impact on the climate. The company has developed Ho...
PACEOS elects Pascual as president
The Philippine Association of Convention/Exhibition Organizers and Suppliers Inc. (PACEOS) elected a new set of officers for 2023 during its General Membership Meeting held recently at the Conrad Hotel Manila. Meetings, Incentives, Conferences, and Exhibitions (MICE) maven Ms. Pamela D. Pascual was...
BSP expects inflation to reach target levels in Q4
Balance of risks to domestic inflation remain on the upside but the Bangko Sentral ng Pilipinas (BSP) said Tuesday that monthly rate is still expected to slow to within-target levels in the last quarter of the year without any shocks, according to a report by Phiippine News Agency. The Philippine S...
Inflation softens to 6.1% in May
Headline inflation slowed down for the fourth consecutive month, settling at 6.1 percent in May from 6.6 percent in April, the Philippine Statistics Authority (PSA) reported Tuesday. Last month's inflation also settled within the 5.8 to 6.6 percent forecast range of the Bangko Sentral ng Pilipi...
Economists wants to refocus on pre-pandemic economic targets
Economists from the academe and financial markets on Tuesday urged the government to set its sights back to pre-pandemic targets now that the economic effects of the coronavirus disease 2019 (Covid-19) contagion have waned, according to a report by Phiippine News Agency. Roberto Galang, dean a...
Asia's Iconic Realtor: Alejandro Mañalac Receives Prestigious Golden Icons Award
Alejandro Mañalac, Chairman and Co-Founder of Havitas Developments Corporation and Operating Principal of Keller Williams Manila Bay, was recognized as Asia's Iconic Realtor at Asia's Golden Icons Awards. The prestigious award was presented to Mañalac during a ceremony h...
Maharlika Investments Corp. to start operations this year
The Maharlika Investments Corp. (MIC) is expected to be fully operational before the end of the year, Finance Secretary Benjamin Diokno said in a report by Philippine News Agency. In a briefing late Friday, Diokno said the Maharlika Investment Fund (MIF) Act of 2023 is expected to be signed by...
Thailand’s Krungsri, Japan’s MUFG acquire Home Credit PH
Leading consumer finance company Home Credit Philippines (“HC Consumer Finance Philippines, Inc.”) today announced its new shareholders following the completion of its acquisition by Krungsri (“Bank of Ayudhya PCL”), the fifth largest financial group...
Manufacturing index improves in May
The condition of the country’s manufacturing sector improved in May 2023 to 52.2 from an index of 51.4 in April, based on the S&P Global manufacturing purchasing managers’ index in a report by Philippine News Agency. S&P Global said the stronger manufacturing score in May is dri...