Sunday, 15 June 2025, 6:14 am

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    BSP shuts down unregistered MSBs

    The money service business (MSB) of a Boholano and a Negrense were the subject of an irate Bangko Sentral ng Pilipinas (BSP) which has proceeded to ban them and any of their representatives from doing any more business with the public.

    PSA, LANDBANK tie up reduces number of unbanked Filipinos

    The Philippine Statistics Authority and state-owned Land Bank of the Philippines have moved the needle in reducing the number of unbanked Filipinos through a co-location strategy that has introduced financial services to around 8.4 million persons registered with the statistics agency.

    Balai Ni Fruitas Triples Commissary Set-Up Budget To PHP60M

    Balai ni Fruitas, a listed fresh coconut-based beverage company, said Tuesday it has tripled its commissary set-up budget to P60 million from P20 million...

    SFA Semicon sets aside $10.3M to partially fund 5-year spending plan

    SFA Semicon Philippines Corp., an outsourced semiconductor assembly and test company whose facilities are in the country, said Tuesday its board has approved a $10.3...

    DA bans entry of cattle from Netherlands, poultry from Turkey

    The Department of Agriculture (DA) has issued memorandum orders (MO) banning the entry of imported meat from countries with animal disease outbreaks.

    Just in

    FPIP, locators join Brigada Eskwela in Tanauan

    Volunteers from Lopez-led First Philippine Industrial Park (FPIP) joined the annual Brigada Eskwela pre-school opening activities of the Department of Education (DepEd) in Tanauan, Batangas, to show their support for the city hosting the world-class industrial park.

    BOP swings into $3B deficit in Q1 amid trade woes

    The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.

    Cold storage for rice seeds now in key provinces

    The Department of Agriculture (DA) has expressed its gratitude to the South Korean government for its sustained support—channeled through Official Development Assistance (ODA) Korea—toward the Philippines’ efforts to modernize its rice sector, a key pillar of President Ferdinand Marcos Jr. 's broader food security agenda.

    Stocks slide as Israel-Iran conflict reignites

    Wall Street wrapped up the week on a sour note as renewed tensions between Israel and Iran rattled global markets on Friday. 
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