Manulife remains bullish despite market headwinds
The asset management and trust arm of Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife) is bullish on the local capital markets on the back...
Things are looking up for the Philippine peso
Things are looking up for the Philippine peso after it suffered one of the biggest losses in the region in the first half of...
Customs’ July collection exceeds target
The Bureau of Customs (BoC) revenues continued to rise and beat its targets on the back of a weaker local currency and high world...
DBM orders early procurement for 2019 projects
The Department of Budget and Management (DBM) ordered government agencies to conduct early procurement activities for 2019 projects to speed up the delivery upon...
Security Bank to ease branch expansion this year
Security Bank Corp. said it is easing its branch expansion as it rationalizes its existing network amid digitalization push.
Alfonso L. Salcedo, Jr., Security Bank...
Petron says fuel supply steady despite row with PNOC
Petron Corp. said on Thursday, Aug. 2, that the supply of its petroleum products has remained "steady" all over the country despite its legal...
NEA to receive lower budget in 2019
State agency National Electrification Administration (NEA) will be receiving from the national government P1.163 billion budget for next year, significantly lower than what it received...
Emperador posts higher profit, revenues in first half
Emperador, Inc. grew its attributable profit by 18% during the first six months of 2018, as higher sales in Asia and North America offset...
MPIC logistics arm buys 12% in Air21
The logistics unit of Metro Pacific Investments Corp. (MPIC) has completed its acquisition of a 12% stake in logistics services provider Air21, in line...
Case filed vs Philam Life for alleged policy manipulation
Philippine American Life and General Insurance Co., Inc. (Philam Life) is facing administrative case for allegedly manipulating insurance policies.
In a statement, the Insurance Commission...
July inflation seen at 5.6%
Inflation likely surged to 5.6% in July led by higher electricity rates and rice prices plus a new wave of excise taxes on cigarettes,...
Solar Philippines challenges latest bid for Meralco’s power supply
Solar Philippines Tarlac Corp. has offered to sell electricity to Manila Electric Co. (Meralco) at P2.34 per kilowatt-hour (kWh), challenging a previous offer from...