Gov’t urged to focus reform effort on power, foreign investor lease laws
BUSINESS GROUPS, including the Joint Foreign Chambers of the Philippines said they support a reform agenda led by amendments to the Electric Power Industry...
US healthcare group pledges $500-M hospital investment
US HEALTHCARE GROUP Bon Secours Mercy Health (BSMH) has committed to invest up to $500 million to develop a hospital in the Philippines, a...
E-gambling ban could drive industry underground — study
A BAN on online gambling could lead to illicit activity moving underground, out of sight of regulators, research firm The Fourth Wall reported, citing...
PSEi jumps to 6,400 level after PHL-US tariff deal
SHARES jumped on Wednesday, with the main index breaching the 6,400 level and hitting an over one-week high, after the Philippines secured a slightly...
SEC considers tiered public float for IPOs
THE Securities and Exchange Commission (SEC) is looking at a tiered approach for the minimum public float requirement of companies seeking to list on the stock exchange, its chairperson said.
Digital bank deposits hit P100B for the first time
THE Philippine banking system’s total deposits rose by 5.4% year on year to over P20 trillion as of the first quarter, the latest data from the Bangko Sentral ng Pilipinas (BSP) showed, as digital bank deposits surpassed the P100-billion mark for the first time.
TIEZA books P192-million investment commitments as of July
THE TOURISM Infrastructure and Enterprise Zone Authority (TIEZA) said it has secured P192.3 million worth of investments so far this year.
Peso jumps as Fed concerns weigh on dollar
THE PESO strengthened against the dollar on Tuesday on renewed concerns over the US Federal Reserve’s independence as the Trump administration continued to attack...
Shares inch up ahead of Marcos-Trump meeting
PHILIPPINE SHARES edged up on Tuesday as investors await updates on bilateral talks between the Philippines and the United States and on expectations of...
BPOs wary of ‘indirect’ effects of US tariffs
THE IT & Business Process Association of the Philippines (IBPAP) said US tariffs may result in disruptions to global investment flows that could ultimately affect its industry.
Biodiesel blend changes suspended amid high global prices of coco oil
THE Department of Energy (DoE) said it suspended the planned increase in the coco methyl ester (CME) component of biodiesel, citing the potential impact...
PAGCOR driving upside surprise in GOCC dividends, Recto says
GOVERNMENT-OWNED or -controlled corporations’ (GOCCs) dividends will be stronger than expected this year, with the gaming industry regulator largely responsible for the upside, Finance...