Ramon Royandoyan

Manila, National Capital Region

Manila Correspondent at Nikkei Asia

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Articles

Philippines cuts rates in bid to boost economic growth

1 week ago | asia.nikkei.com | Ramon Royandoyan

MANILA -- The Philippine central bank on Thursday trimmed its benchmark rate by 25 basis points as it moved to support economic growth, wielding policy flexibility recently gained from the deceleration of inflation. With the cut, Bangko Sentral ng Pilipinas brought the overnight repurchase rate to 5.25%.
Myanmar startup looks to bring 'affordable housing' to Bhutan, India

3 weeks ago | asia.nikkei.com | Ramon Royandoyan

TOKYO -- A Myanmar-based startup that builds affordable housing made from bamboo for displaced people in the country hopes to bring its business model to South Asian nations such as Bhutan and India, according to its co-founder.
Hard discounters Dali and O!Save shake up Philippine grocery market

3 weeks ago | dealstreetasia.com | Ramon Royandoyan

When Cheryl Santiago wants to restock her grocery cupboard she automatically heads to Dali, the no-frills discount store near her home in Rizal, a province on the outskirts of Metro Manila. Register now to enjoy 3 free articles per month, or log in to continue reading. Stay informed with complimentary articles each monthGain access to our exclusive newsletters delivered directly to your inboxBe the first to know about all our summits!Register nowAlready a Subscriber?
Hard discounters Dali and O!Save shake up Philippine grocery market

3 weeks ago | asia.nikkei.com | Ramon Royandoyan

MANILA -- When Cheryl Santiago wants to restock her grocery cupboard she automatically heads to Dali, the no-frills discount store near her home in Rizal, a province on the outskirts of Metro Manila. "They're mostly a primary stop for everyday essentials like snacks, pantry staples and personal care items," the 49-year-old teacher told Nikkei Asia as she loaded up her shopping trolley.
In Philippines election, personality trumps policy as economic storm brews

1 month ago | asia.nikkei.com | Ramon Royandoyan

DAVAO CITY, Philippines -- For Filipinos like Randy Martinez, May 12's midterm elections for the House of Representatives, half of the Senate and thousands of city and municipal council seats come at a time when crucial policymaking and legislation could have a hand in spurring development across a country falling short of its economic growth targets. Weak consumption and a battery of typhoons clipped growth toward the second half of 2024.
Trump policies threaten to shake foundation of shock-resistant Philippine peso

2 months ago | asia.nikkei.com | Ramon Royandoyan

MANILA -- The Philippine peso is bracing for a potential jolt as U.S. President Donald Trump's promised crackdown on immigration threatens to disrupt global labor markets and squeeze the billions sent home by overseas Filipino workers, a key economic lifeline. Over the past couple of weeks, global financial markets have been roiled by the other side of Trump's policies -- tariffs.
Philippines widens search for allies as Trump fuels uncertainty

Mar 27, 2025 | asia.nikkei.com | Ramon Royandoyan

MANILA -- Many times in recent years, Philippine naval vessels have been isolated and surrounded in the South China Sea by more heavily armed and numerous Chinese ships. These days, though, more and more countries are reaching out to the Philippines to show that it is not alone.
Jollibee group to reach 10,000 eateries around the world in 2025

Mar 26, 2025 | asia.nikkei.com | Ramon Royandoyan

MANILA -- The number of Jollibee Foods' group restaurants is set to surpass 10,000 this year as the conglomerate moves to a franchising strategy in North America to speed up expansion. At the end of last year, the Philippine restaurant group had 9,766 outlets worldwide, including those of its flagship fried chicken Jollibee chain.
Duterte to remain candidate in Philippine midterm elections despite arrest

Mar 13, 2025 | asia.nikkei.com | Ramon Royandoyan

MANILA -- Former Philippine President Rodrigo Duterte will remain a candidate in May's midterm elections while he awaits possible trial at the International Criminal Court in the Hague for crimes against humanity, according to officials. The Philippines' Commission on Elections said the ex-leader will remain a candidate in the Davao City mayoral election. The region is his family's bailiwick and his second son Sebastian, who is currently mayor of the city, is running for vice mayor.
Duterte's arrest raises stakes in Philippine midterm elections

Mar 12, 2025 | asia.nikkei.com | Ramon Royandoyan

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