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Cityland, LAND merger approved to form P3.8B firm

Cityland Development Corp. (CDC) said Tuesday that its board has approved a proposed merger with its subsidiary, City & Land Developers Inc. (LAND), with CDC as the surviving entity, subject to shareholder and regulatory approvals.

BSP adopts new format for policy decision announcements

The Bangko Sentral ng Pilipinas (BSP) will implement a new format for announcing monetary policy decisions starting Thursday, 28 August 2025, aligning with international best practices in more advanced jurisdictions.

BOC seizes over ₱600M worth of illicit cigarettes in Bulacan raid

The Bureau of Customs (BOC) on Wednesday reported the seizure of approximately ₱605.29 million worth of smuggled cigarettes bearing markings from China and Vietnam during a warehouse raid in Plaridel, Bulacan.

Partnership brings easier home loans for TLDC buyers

Torre Lorenzo Development Corp. (TLDC), a leading developer of premium university residences in the Philippines, has partnered with Security Bank Corp. to offer expanded home financing options for property buyers.

Investors seen shifting to long-term bonds on rate cut prospects

Investors may increase allocations to long-term government bonds as expectations rise for a policy rate cut by the central bank, according to Manulife Investment Management. 

Just in

Lender showcases wealth solutions and cashback card at CRAVE 2026

EastWest Banking Corporation (EastWest) recently engaged with entrepreneurs, business owners, and food industry professionals at the foodpanda CRAVE 2026 Partner Summit and Awards, highlighting its commitment to supporting business leaders across every stage of their financial journey.

Palace backs private sector roadmap to slash out-of-pocket healthcare costs for Filipino families 

President Ferdinand R. Marcos Jr. has received a comprehensive suite of policy recommendations from the Private Sector Advisory Council - Healthcare Sector (PSAC-Healthcare) designed to drastically lower medical expenses for Filipino families and broaden access to essential medicines and services across underserved communities.

D&L Industries earns 3rd Golden Arrow for Governance Excellence

D&L Industries Inc. (PSE: DNL) has secured a three-Golden Arrow distinction from the Institute of Corporate Directors (ICD) for the second consecutive year, extending its recognition in the annual corporate governance awards to seven straight years.

Treasury bill yields up after BSP rate hike

The Bureau of the Treasury (BTr) raised P54.2 billion from its Treasury bill (T-bill) and Cash Management Bill (CMB) auction, buoyed by strong investor demand, although it partially awarded bids for the 364-day T-bill amid elevated borrowing costs.
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