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REUTERSBy Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES’ outstanding external debt rose by nearly 10% year on year as of end-2024, the Bangko Sentral ng Pilipinas (BSP) said.Preliminary data showed the country’s external debt increased by 9.8% to $137.63 billion as of end-December 2024

DCSTUDIO-FREEPIKTHE PHILIPPINES’ services trade slumped in 2024 as exports grew at a much slower pace than imports, data from the Bangko Sentral ng Pilipinas (BSP) showed.Preliminary central bank data showed the country’s trade in services fell by 19.8% to $14.58 billion in 2024 from $18.18

Toyota Motor Philippines expects to sell around 20,000 Tamaraw units (which are assembled in Sta. Rosa, Laguna) in 2025. — PHOTO BY KAP MACEDA AGUILA With car sales expected to top 500K units this year, local auto manufacturing should be pursued with vigorTHE PHILIPPINE government

MAYNILADWATER.COM.PHBy Revin Mikhael D. Ochave, ReporterWEST ZONE concessionaire Maynilad Water Services, Inc. said it plans to raise up to P49.15 billion through an initial public offering (IPO) within the next two quarters.The IPO’s indicative terms include a base offer of up to 1.81 billion common

1 of 9By Kap Maceda AguilaSEVEN-SEATERS are all the rage these days — fueled in no small part by the Filipino penchant for moving in groups. Whether big family or big barkada, we are a highly social, sociable people.The so-called Asian utility vehicle (AUV) was