Pax Silica has stirred intense debate in recent weeks, culminating in the House of Representatives’ call for an investigation in aid of legislation into the Philippines’ participation in the US-led initiative.
Relief may be emerging for Philippine businesses after months of geopolitical disruptions pushed up shipping costs, fuel prices, and currency volatility, but Rizal Commercial Banking Corp. (RCBC) said companies should remain vigilant as pressures built up over months of conflict will not unwind overnight.
Ayala Land’s sudden move to cancel a Katipunan project and pause a flagship Makati launch is offering a rare inside look at how one of the country’s top developers is responding to a fast-changing market.
A volatile business environment shaped by global forces beyond anyone’s control is back in focus. For crisis-tested banks, it’s a familiar situation and fortunately a playbook is already in hand.
Ayala Corp. warned rising interest rates and inflation could weigh on the consumer market, potentially threatening profit goals after a record year and prompting the country’s oldest conglomerate to dial back aggressive expansion.
The energy crisis spurred by the Middle East conflict is driving demand for more stable and predictable energy, creating a tailwind for ACEN Corp. as customers shift away from volatile fuel sources.
Tycoon Isidro Consunji said the group is bracing for rising fuel costs, warning that the worsening supply-driven shock could prove more disruptive to the economy than the pandemic that brought businesses to a standstill a few years ago.