HOMELAND SECURITY AND SAFETY
By Justine Irish D. Tabile, Senior Reporter THE Philippines faces heightened economic risks from a potentially severe El Niño as a prolonged drought threatens agricultural production, food security, as well as water and energy supplies at a time when the government and households are still grappling with other external pressures. Shombi Sharp, deputy executive secretary […]
PHILIPPINESJUSTINE IRISH D TABILE
BANKING AND FINANCE
By Aaron Michael C. Sy, Reporter THE PHILIPPINE GOVERNMENT has canceled its planned issuance of new fixed-rate Treasury notes (FXTN) this month as borrowing costs surged and the peso further weakened. “Please be advised that the issuance of the five-year FXTN, as indicated in the schedule of Treasury bills and Treasury bonds issuances for the […]
AARON MICHAEL C SYPHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES
ALCOHOL AND BEVERAGES
THE DEPARTMENT of Finance’s (DoF) proposal to hike taxes on sugary drinks, alcohol, and tobacco could raise prices of these products by around 30% and push inflation well beyond the central bank’s target ceiling in 2027, Chinabank Research said. In a report on Wednesday, Chinabank Research said the National Government’s (NG) proposed sin taxes, if […]
NOMURA
ENTREPRENEURSHIP AND STARTUPS
THE PHILIPPINES could emerge as Southeast Asia’s second fastest-growing major economy over the next decade, with growth averaging 5.8% through 2035, according to a report by Bain & Company, DBS Group Holdings, and Vriens & Partners. In the Southeast Asia Outlook 2026-2035 report released on Wednesday, the Philippine economy is projected to grow at an […]
THAILANDVIETNAM
INVESTMENT AND CAPITAL MARKETS
CEBU-BASED Aznar Shipping Corp.’s planned initial public offering (IPO) could face a cautious market amid domestic and global economic uncertainties, although its December listing schedule may help if sentiment improves following larger offerings, stock market analysts said.