PH, Singapore begin talks to update 1977 tax pact
The Philippines and Singapore have officially launched negotiations to modernize their 1977 Double Taxation Agreement (DTA), aiming to align the decades-old treaty with current global economic conditions and deepen bilateral investment ties.
Megawide launches P2B share buyback program
Megawide Corp. has joined the growing list of Philippine listed firms initiating share buyback programs, announcing a P2 billion plan to repurchase its common shares on the open market.
Converge’s Surf2Sawa hits 500K subscribers
Converge ICT’s prepaid broadband brand, Surf2Sawa (S2S), has hit 500,000 active subscribers two years post-launch, highlighting a significant shift in the Philippine internet market toward flexible, budget-conscious connectivity solutions. This reflects changing consumer behavior, as affordability and on-demand access increasingly drive broadband adoption.
Intel shares rally on Apple investment talks
Intel shares surged 6.4 percent on Wednesday, closing at USD31.22, following a report from Bloomberg News that the chipmaker has initiated early-stage talks with Apple about a potential investment and closer collaboration.
Philippine budget deficit within target amid spending rise
The Philippine government posted a budget deficit of P869.2 billion at the end of August, around 56 percent of the revised full-year target of P1.56 trillion for 2025.
