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Lifting foreign equity restrictions on critical sectors, such as public utilities, education, mass media and advertising, will create more jobs and enable them to contribute to the country’s economic progress, according to the National Economic and De...

Finance Secretary Ralph G. Recto said on Monday that the government will finalize by next month the third tranche of the loan agreement worth P55.7 billion for the Metro Manila Subway Project.

The Filipinos’ strong interest in Korean drama anthologies and K-pop music are among the key reasons South Koreans like visiting the Philippines.

Voting 23-0-0, the Senate on Monday voted on third and final reading to approve the measure defining the Philippines’s maritime zones, advancing its status as a member of the international community’s rules-based system under the 1982 United Conventio...

The Bureau of the Treasury (BTr) again saw mixed results in its tender of Treasury bills (T-bills) partly due to higher bid yields that were rejected in Monday’s auction.

Asia-Pacific lenders expect syndicated loan volume to rise in 2024, as merger and acquisition activity rebounds and more companies engage in cross-border investments.

At least 50 local and foreign firms are keen on participating in the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the 2024 Philippine Bid Round.

EU carbon tariff will have limited impact on climate change–ADB

THE Bureau of Internal Revenue (BIR) announced last Monday it won a tax evasion case against those behind the seller of the “Tap Fog” products, with an estimated civil liability of about P1.2 billion.

BDO Unibank Inc., the country’s largest lender, said its net income grew 28 percent last year to P73.4 billion from P57.1 billion in 2022, from growth across its core businesses.

GoTyme Bank Corp., a joint venture with the Gokongwei and Singapore-based Tyme group, said it is confident to hit its 5 million depositors by the end of the year as it is targeting to offer more services to its customers.

THE Philippine National Bank, the lender controlled by tycoon Lucio Tan, said it reached a consolidated net income of P18 billion last year, a growth of 55 percent year-on-year on the back of robust net interest income and lower credit provisions. Net...

THE dust of confetti has settled, the lechon leftovers are gone, and now we face the reality of a fresh start. Resolutions swirl in our heads, from getting fit to quitting bad habits, but one often goes unspoken: conquering our finances.

Club Ananda, a premiere wedding destination in the south, marks a significant milestone in its journey—celebrating a decade in the wedding industry with the event titled, “A Taste of Sandari: Celebrating a Decade of Love.” This occasion is set to take...

THE Power Sector Assets and Liabilities Management Corp. (PSALM) formally turned over on Monday the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP) to Fresh River Lakes Corp. (FLRC), a subsidiary of the Lopez-led First Gen. Corp.

THE Manila Electric Company (Meralco) reported an increase of 34 percent in its net income to P38 billion in 2023 from P28.4 billion in 2022 mainly brought about by strong growth in energy sales and higher earnings from its power generation businesses.

THE Manila Electric Co. (Meralco) declared a failed bidding for its 260-megawatt (MW) capacity requirement because there were no bid proposals submitted.

THE Maynilad Water Services Inc. (Maynilad) announced it plans to spend around P4 billion to upgrade and rehabilitate 22 of its existing pumping stations and reservoirs (PSRs) to boost water supply and pressure throughout its concession area.

THE International Container Terminal Services Inc. (ICTSI) announced last Monday its Mexican subsidiary Contecon Manzanillo (CMSA) has set a record in January, after handling 20,400 TEUs of rail cargo.

PANGILINAN-led Metro Pacific Tollways Corp. (MPTC) may push through with its initial public offering (IPO) plans this year, amid plans to merge this with the toll road business of conglomerate San Miguel Corp. (SMC).

FINNISH supply-chain solutions provider Relex Solutions Oy announced last Monday it has launched an “advanced AI-driven in-store mobile app” that targets local retailers looking to consolidate their many in-store tools and processes.