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.

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

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.

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.

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.

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.

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...

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.

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.

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.

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

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.

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. 

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).

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.

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.

As an adaptive trait, curiosity draws us to seek information and new experiences. It’s how we learn about ourselves, others, and the world.

President Ferdinand R. Marcos Jr. on Monday signed into law Republic Act (RA) 11981, or the Tatak Pinoy Act, and RA 11982, or Amendments to Centenarian Act.

Image credits: Jimbo Albano

Climate change and food insecurity are intertwined challenges that have far-reaching implications for global peace and security. The consequences of climate change, such as rising temperatures, extreme weather events, and changing rainfall patterns, d...

A recent issuance supposedly clarified the taxation of cross-border services, referring to a Supreme Court decision as a basis. A number of experts had already expressed their views on the matter. I need not dwell on that circular and the decision on ...

IN the wake of the 1986 Edsa People Power Revolution and the subsequent enactment of the 1987 Constitution, the Philippines embarked on a journey of political and economic reform. These events were expected to position the country prominently within t...

There is one particular person on social media who often says something that confirms my belief that he is one of the most ignorant and foolish individuals on the planet, completely lacking self-awareness.

Oppenheimer continued to steamroll through Hollywood’s awards season on Saturday, winning the top prize, for outstanding cast, along with awards for Cillian Murphy and Robert Downey Jr., at the 30th Screen Actors Guild Awards.

ONE guy’s showbiz career that really looks on the upswing is Kelvin Miranda’s. His decision to agree being comanaged by Tyronne Escalante and Sparkle, the management arm of GMA Network, is certainly working well.

The Philippines has remained on the grey list of the Paris-based Financial Action Task Force’s (FATF), according to the Anti-Money Laundering Council (AMLC).

WITH the upcoming 13th World Trade Organization (WTO) Ministerial Conference (MC13),Manila will champion reforms which include achieving “meaningful” outcomes on agriculture negotiation to achieve a “permanent” solution for public stockholding for foo...

Employees in a garment shop in Taytay, Rizal, navigate their daily tasks against the backdrop of a pressing issue: the proposed legislation for a P100 daily across-the-board wage increase for the private sector.

THE Bangko Sentral ng Pilipinas (BSP) aims to double the number of Cash Deposit Machines (CoDMs) within the year to bring this service to Filipinos living outside of the Greater Manila Area (GMA).

THE Bangko Sentral ng Pilipinas (BSP) will employ a traffic light system in determining if certain financing activities are considered sustainable.

THE House of Representatives is set to transform itself into a Committee of the Whole starting Monday for the “exhaustive, inclusive, and expeditious deli-beration” of Resolution of Both Houses (RBH)  7.

PHILIPPINE exports will still perform better than its peers in Asean this year amid the economic slowdown in Japan and European countries, which are among Manila’s top export destinations, according to the Philippine Exporters Confederation Inc. (Phil...

THE Philippines is one of Japan’s top 10 sources of tourists in 2023.

BEGINNING this year, all 19 members of the Chamber of Mines of the Philippines (COMP) with operating mines in the Philippines will fully implement the Towards Sustainable Mining (TSM) initiative.

Jefrë’s Time Sculpture, a towering 12-meter masterpiece, commands attention amidst the bustling traffic along Edsa, directly in front of SM Megamall in Mandaluyong City.

THE Court of Appeals (CA) has junked the petition filed by the Department of Health (DOH) seeking to set aside the decision issued by an arbitral tribunal ordering the agency to compensate the private contractor behind the controversial P8.1-billion B...