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PH may implement up to 5 rate hikes due to inflation risks

CEBU CITY, Philippines – The Philippines may need to impose as many as five interest rate hikes this year to tame inflation pressures worsened by rising global oil prices and a weakening peso, according to a top executive of BDO Unibank Inc. Speaking during the Cebu Economic Briefing of the Sy-led bank, Ritz Ocampo, its

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Customer experience sector expected to hit $35.7B in 2026

CEBU CITY, Philippines — The Philippine customer experience and business process management sector is expected to sustain its growth momentum in 2026 despite mounting global economic and political uncertainties, industry leaders said. The contact center-business process management (CC-BPM) industry is projected to grow by 5.31 percent to $35.7 billion this year, from an estimated $33.9

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NLEx Corp to close lane at Tulaoc Overpass in Pampanga for repairs

MANILA, Philippines — The North Luzon Expressway (NLEx) Corporation will be implementing lane closure for a certain period of time from May 28 to June 4 at Tulaoc Overpass in San Simon, Pampanga. In an advisory on Thursday, the NLEx Corporation said that the lane closure will be done “to give way to the demolition

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Taytay, Rizal residents warned as heat index hits 51.07°C on Thursday

LUCENA CITY, Quezon — The local government of Taytay, Rizal, has urged residents to take necessary precautions after the town recorded a heat index of 51.07 degrees Celsius on Thursday. In an advisory posted on its Facebook page at around 11:15 a.m., the Taytay Public Information Office (PIO) said the municipality’s heat index, or “real

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