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BDO cuts bond offer short on strong demand

BDO Unibank Inc., the country’s largest lender by assets, has closed the offer period for its sixth peso-denominated ASEAN Sustainability Bonds ahead of schedule after attracting robust demand from both retail and institutional investors, signaling continued appetite for fixed-income investments despite a lower interest rate environment.

BOI reaches halfway mark toward P1T investment goal

The Board of Investments (BOI) is nearing the halfway mark of its P1-trillion investment approval target for 2026 after first-half approvals climbed 21 percent, signaling that policy reforms and a steady pipeline of renewable energy projects continue to attract capital despite global economic headwinds.

Earnings season tests market amid rate concerns

Philippine shares are expected to trade cautiously in the coming weeks as the second-quarter earnings season begins, shifting investors' focus from recent market gains to whether corporate profits can withstand persistent inflation, the prospect of further monetary tightening, and rising geopolitical risks.

RACE bridges shift toward stronger EV investment incentives

The government is positioning electric vehicle (EV) manufacturing for greater policy support while reviving a scaled-down automotive incentive program to prevent investment momentum from stalling before a long-term industry roadmap takes effect.

Marcos, DA lead audit of Navotas Fish Port modernization

President Ferdinand Marcos Jr. and the Department of Agriculture have inspected ongoing rehabilitation works at the Navotas Fish Port Complex, a key fisheries hub serving Metro Manila and most of Luzon.

Just in

GSIS raises funeral benefit to P50,000 starting July 13

The Government Service Insurance System (GSIS) has increased its funeral benefit from P30,000 to P50,000, effective for all deaths occurring on or after July 13, 2026.

Visa expands contactless payments to Manila’s LRT-2

Visa has launched automated, contactless fare collection systems across all 13 stations of the Manila Light Rail Transit Line 2 (LRT-2), marking its fourth cashless transit initiative in the country. Developed in partnership with the Department of Transportation, Rizal Commercial Banking Corporation, and other industry stakeholders, the project enables more than 160,000 daily commuters to pay for train rides using Visa cards, QR codes, and NFC-enabled devices.

Robinsons Retail nears delisting after tender offer success

Robinsons Retail Holdings Inc. has moved a step closer to exiting the Philippine Stock Exchange after its controlling shareholder completed the acquisition of shares tendered by minority investors, reducing the company's public float to well below the exchange's minimum requirement.

Megaworld raises P516.5 million through MREIT block sale

Megaworld Corp. has raised about P516.49 million after selling 37.7 million shares in MREIT Inc. through a block sale, a move that provides fresh capital while maintaining the property giant's ability to recycle investments.
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