Business

BSP seen keeping rates unchanged in December

November 26, 2023
The Bangko Sentral ng Pilipinas (BSP) may consider pausing again in its last policy meeting for the year, especially if inflation decelerates further and the peso remains stable, an economist said over the weekend. Rizal Commercial Banking Corp. chief economist Michael Ricafort said in a report the BSP could also match the next Federal Reserve […]
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Electronics exports expected to fall 10% in 2023

November 26, 2023
The Philippine semiconductor and electronics industry expects a 9-percent to 10-percent contraction in export receipts this year as exporters continue to grapple with global headwinds and supply issues. The Semiconductor and Electronics Industry of the Philippines Foundation Inc. (SEIPI) said during a board meeting Friday the decline was quite pronounced in September, where year-on-year electronics […]
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Warner Bros., local company team up to revive PH film market

November 26, 2023
Warner Bros. Pictures signed an exclusive partnership with a local film company to reawaken the Philippine movie industry. The Hollywood film studio signed an agreement with Filipino firm Mentorque Productions over the weekend to handle the theatrical distribution of horror movie Mallari, its first local mainstream film distribution. “This is the first mainstream Filipino movie […]
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