Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend
WASHINGTON — A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting between the...
IMF, World Bank say they are resuming dealings with Venezuela
WASHINGTON — The International Monetary Fund and the World Bank on Thursday each said they had resumed dealings with Venezuela, which had been paused...
G7 finance chiefs push for ‘lasting peace’ in Middle East, warn of war’s economic...
WASHINGTON — Finance chiefs of the Group of Seven nations on Thursday agreed it was urgent to limit the cost to the global economy...
IMF says Philippines faces ‘difficult situation’ as Mideast energy shocks weigh on growth
WASHINGTON, D.C. — The Philippines is facing a difficult situation as its heavy reliance on oil imports tests its economic resilience amid the ongoing energy crisis from the Middle East war, the International Monetary Fund (IMF) said.
Marcos allows up to 40% foreign ownership in small retailers
PRESIDENT Ferdinand R. Marcos, Jr. has eased foreign investment rules for retail trade by allowing overseas investors to own as much as 40% of enterprises with paid-up capital of less than P25 million, under the Philippines’ 13th Regular Foreign Investment Negative List (RFINL).
Oil crisis to drive more Filipinos into poverty — PIDS
THE PHILIPPINE Institute for Development Studies (PIDS) projects an additional 1.34 million Filipinos will be pushed into poverty this year amid surging oil prices...
Energy regulator approves over P4-billion cost recovery for Meralco
CONSUMERS served by Manila Electric Co. (Meralco) will face higher electricity rates starting in September after the Energy Regulatory Commission (ERC) approved the recovery...
DigiPlus secures South Africa licenses
DIGIPLUS Interactive Corp. said it received approvals from the Western Cape Gambling and Racing Board (WCGRB), paving the way for its entry into South...
ICTSI raises tariffs to offset fuel costs amid Middle East war
GLOBAL port operator International Container Terminal Services, Inc. (ICTSI) said it has adjusted tariffs and handling rates across its terminals to offset rising fuel...
SSI income falls 47.5% on higher costs, weak demand
TANTOCO-LED SSI Group, Inc. reported a 47.5% decline in its 2025 attributable net income to P1.32 billion from P2.51 billion a year earlier, weighed...
SEC moves AFS filing deadline to align with BIR extension
THE Securities and Exchange Commission (SEC) is giving corporations more time to submit their annual financial statements (AFS) to align with the Bureau of...
Financial account ownership among Filipinos at 50% — BSP
HALF of Filipino adults had formal financial accounts in 2025, with gains recorded among the youth and women, a Bangko Sentral ng Pilipinas (BSP)...