Renewable energy generator Raslag Corp. announced that its board has approved a capital-raising plan aimed at generating up to P2 billion through the private placement of up to 15 million preferred shares.
LT Group Inc., the flagship investment holding company of the Lucio Tan Group, said its board has approved regular and special dividends that will distribute to its shareholders a total P3.25 billion. On Friday, the board of LT Group approved the declaration of P0.15 regular cash dividend and P0.15 special dividend for shareholders on record as of March 21. The dividends will be paid not later than April 11.
The country's balance of payments (BOP) position for the fourth quarter of 2024 shifted to a deficit of USD4.5 billion, a stark contrast from the USD1.9 billion surplus recorded in the same period of 2023.
The country's total external debt (EDT) decreased to USD137.63 billion as of December 2024, a 1.4 percent drop from the previous quarter's USD139.64 billion, according to the Bangko Sentral ng Pilipinas (BSP).
In a recent survey conducted by the Bangko Sentral ng Pilipinas (BSP), food and beverages consumed at home were found to be the largest expenditure for Filipino households, comprising 55.4 percent of their total spending in 2021.
The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.
SM Offices, the commercial leasing arm of SM Prime Holdings, has achieved full occupancy across its 10-tower, 100,000 square meter Clark Tech Hub in Angeles City, Pampanga.
The US government is stepping up support for the Philippines’ infrastructure ambitions, signaling faster development along the Luzon Economic Corridor (LEC) and enhanced opportunities for American investment.
Emperador Inc., the liquor manufacturing arm of billionaire Andrew Tan, delivered a strong start to 2026, posting a net profit of P1.9 billion, up 4.5 percent year-on-year, despite a turbulent global economy.