The Philippines’ outstanding external debt hit $148.87 billion as of end-June. A teller counts US dollar banknotes at a money changer in Jakarta, Indonesia, April 9. — REUTERS/WILLY KURNIAWANTHE PHILIPPINES’ outstanding external debt jumped to a record $148.87 billion as of end-June amid the weakening

Peoples walk past automated teller machines in Makati City, June 23, 2016. — REUTERSBy Abigail Marie P. Yraola, Deputy Research HeadTHE GROWTH in combined assets and loans of the country’s biggest lenders eased as of end-June, dragged by weaker economic output in the second quarter

Ongoing flood-control works continue in Binondo, Manila. — PHILIPPINE STAR/RYAN BALDEMORTHE PHILIPPINES’ largest business groups on Sunday expressed confidence the newly created Independent Commission on Infrastructure (ICI) could help restore investor confidence in the country’s public works program.The Philippine Chamber of Commerce and Industry (PCCI)

A WOMAN uses the electronic gate at the Ninoy Aquino International Airport Terminal 3. — PHILIPPINE STAR/NOEL B. PABALATETHE OPERATOR of the Ninoy Aquino International Airport (NAIA) began charging higher terminal fees on Sunday, a year after it took over the country’s main gateway.In a

PETROENERGY.COM.PHRENEWABLE ENERGY developer Maibarara Geothermal, Inc. (MGI) is proposing an up to P8.9-billion expansion of its geothermal facility in Batangas to supply additional power to the Luzon grid.The expansion is expected to generate 25 to 40 megawatts (MW) of capacity, which will raise MGI’s total

1 of 5HARD TO BELIEVE that it’s been eight years since the last time Suzuki brought in a subcompact crossover to our shores. That was in 2017 and that vehicle was the Vitara — a model that sold very well for the Japanese small car

SM City J Mall in Mandaue City — BW FILE PHOTOSM PRIME HOLDINGS, INC. (SMPH) saw its shares rise week on week after completing a $350-million dollar-denominated bond issuance to fund mall redevelopment and expansion.The Sy-led property developer was the ninth most actively traded stock

BW FILE PHOTORATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could decline as weak US data boosted expectations of further monetary easing by the US Federal Reserve.The Bureau of the Treasury (BTr) will auction off P25 billion in T-bills

Curtains set to close on Honda Civic Type R - BusinessWorld Online                                    PHOTO BY KAP MACEDA AGUILATHE CURRENT-GENERATION Honda Civic Type R (or FL5) will cease

STOCK PHOTO | Image by Macrovector_official from FreepikBy Abigail Marie P. Yraola, Deputy Research HeadFILIPINO CONSUMERS are walking a financial tightrope — tightening belts, gripping wallets, and bracing for every shift in the economic winds.In the second quarter, Filipino consumers are seen to be optimistic