BSP outlines plan to reform gov’t debt market

By Melissa Luz T. Lopez, Senior Reporter THE government has laid down its strategy to deepen the debt market, with agencies looking to attract bigger...

Logistics provider AAI to sell ‘minority’ stake

By Krista Angela M. Montealegre, National Correspondent LOGISTICS solutions provider AAI Group of Companies is taking in a strategic investor to fund an aggressive expansion...

Parents file murder, torture charges vs cops in Kian delos Santos murder

By Mario M. Banzon THE parents of slain teenager Kian Lloyd delos Santos on Friday, Aug. 25, filed a complaint at the Office of the...

PSBank to shift to EMV cards Sept. 1

PHILIPPINE Savings Bank (PSBank) said it will deactivate its magnetic strip cards starting Sept. 1, as it fully shifts to Europay Mastercard Visa (EMV)...

Economic team vows to maintain fiscal discipline despite populist measures

ECONOMIC managers said they will maintain fiscal discipline and resist pressure to implement populist policies after President Rodrigo R. Duterte approved measures to introduce...

DoE to replace contracting round system with Swiss challenge scheme

THE Department of Energy (DoE) has started asking private sector entities that are interested in exploring for oil, gas and coal resources to come...

Pag-IBIG H1 profit rises 13% on efficient collections, loan growth

THE Home Development Mutual Fund, beter known as the Pag-IBIG Fund, said net profit in the first half grew 13% year-on-year. In a statement, the...

Semirara power plant considered for strategic national project status

THE Department of Energy (DoE) said it was weighing whether to classify a proposed mine-mouth power plant in Antique province as an energy project...

Gilas Pilipinas heads back to SEA Games gold medal game

By Michael Angelo S. Murillo, Reporter GILAS PILIPINAS earned a return trip to the gold medal game in men’s basketball of the 29th Southeast Asian...

Bourse extends gains in step with many Asian peers

THE MAIN INDEX inched further past the 8,000 mark on Friday, keeping in step with major Asian peers as investors awaited signals from central...

BSP tightens risk management rules

THE CENTRAL BANK has issued fresh guidelines that require risk management protocols of banks and other financial firms, as well as their subsidiaries. Bangko Sentral...

Duterte’s infrastructure dev’t drive impacts Philippine tycoons’ fortunes

By Krista A. M. Montealegre National Correspondent HENRY SY, Sr. of the SM Group has remained the country’s wealthiest man on the Forbes Philippines’ 50 Richest...