I-Remit narrows Q1 loss amid revenue collapse
i-Remit Inc., a listed fund transfer and remittance company servicing migrant Filipino workers, posted a net loss of P60.1 million in the first quarter, narrower than P104.5 million loss in the year-earlier period.
SEC revokes rogue lender license over abusive collection tactics
The Securities and Exchange Commission (SEC) has intensified its enforcement against illegal lending practices, revoking the corporate registration and secondary license of Convenience Cash Lending Corp. for employing abusive debt collection methods, in a move that underscores its commitment to consumer protection.
Nike shares jump on JP Morgan upgrade
An investor note from JP Morgan sparked a rally in Nike shares on Monday after analysts urged investors to "Just Buy It!"—a play on the brand’s iconic slogan—citing growing confidence in its multiyear recovery plan.
RCBC names ex-finance chief Dominguez as independent director
Rizal Commercial Banking Corp. (RCBC), the country’s sixth-largest lender by assets, has elected former Finance Secretary Carlos Dominguez as an independent director.
President Marcos orders audit of flood-control projects nationwide
President Ferdinand Marcos Jr. on Monday ordered a full audit of all flood control projects initiated or completed in the last three years, following...
