Business World

MANILA, Philippinnes — The Bangko Sentral ng Pilipinas (BSP) is expected to continue its monetary easing, driven by low inflation and slow economic growth, according to British multinational research firm BMI. The central bank recently surprised the market by cutting its policy rate by 25 basis points (bps) during its …

Read this in The Manila Times digital edition. THE country’s trade deficit narrowed in September from a year earlier following a double-digit exports surge and an imports rebound, data from the Philippine Statistics Authority (PSA) showed on Thursday. The $4.35-billion shortfall, 14.7 percent lower than the $5.1 billion recorded in …

As of Nov. 1, all medium- and heavy-duty trucks and parts headed to the U.S. will get a 25 per cent tariff, while buses will be levied at 10 per cent. While truck and bus making are small industries in Canada, experts say the tariffs could have a big impact. …

Egg freezing is seen by some as a way for women to take control of their fertility. Other experts, though, fear that the fertility industry is just profiting off the tension women feel between career and family building. Fertility researcher says some people feel it actually discourages reproduction Play Listen …

MANILA, Philippines — Mastercard introduced its first threat intelligence solution designed to combat payment fraud at scale, combining cybersecurity insights and payment data to help financial institutions better address fraud. The Mastercard Threat Intelligence solution, unveiled on Thursday, merged Mastercard’s global fraud insights with cybersecurity intelligence from Recorded Future to …

LONDON — Demand for gold hit a record high in the third quarter as the precious metal's price hit all-time highs on geopolitical unrest, industry data showed Thursday. Total demand grew three percent year-on-year in the July-September period to 1,313 tonnes, the World Gold Council said, as the metal perceived …

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Canada's economy shrank in August against widespread expectations of no growth, Statistics Canada data showed on Friday, but an advanced estimate pointed out the economy might escape a recession in the third quarter. Advanced estimates for third quarter GDP suggest Canada escaped recession Play Listen to this article Estimated 3 …

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation after two crucial regulators, the Delaware and California attorneys general, said they would not oppose the plan. The restructuring paves the way for the ChatGPT maker to more easily profit off its …

MANILA, Philippines — The Department of Agriculture (DA) will take over the implementation of the government's farm-to-market road program starting in 2026, Agriculture Secretary Francisco P. Tiu Laurel Jr. told the media on Wednesday. The DA will take over from the Department of Public Works and Highways (DPWH). Tiu Laurel …