Thursday, 07 August 2025, 5:23 pm

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    Robinsons Retail raises stake in BPI to 6.8% for P19.7B

    Robinsons Retail Holdings Inc. raised its stake in Bank of the Philippine Islands to 6.8% by purchasing an additional 4.4% of the lender for...

    Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

    The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.

    Malacañang to make permanent  joint memo facilitating quick telco tower construction

    The Private Sector Advisory Council (PSAC) has convinced Malacañang to make permanent a soon-to-expire joint agreement making it easier for the telecommunications companies to build telco towers helping speed up the country’s drive towards the digitalization of transactions.

    Philippine Business Bank Completes P1.25B Private Placement, Gears Up For P500M Rights Offer

    Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.

    SMC unit to provide 350,000 Bulacan households affordable drinking water by Q1 2025 

    San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...

    Just in

    FLI holds steady as leasing gains offset Q2 dip

    Filinvest Land Inc. (FLI) reported a flat net income of ₱2.12 billion in the first half of 2025, inching up marginally from ₱2.11 billion in the same period last year, as weaker second-quarter earnings offset gains from its core leasing business.

    GSIS defends investment soundness amid review of stake in gaming firm

    The Government Service Insurance System (GSIS) on Wednesday affirmed the actuarial soundness and financial strength of its investment portfolio, including its recent stake in DigiPlus Interactive Corp., amid public scrutiny over the state-owned firm’s investment choices.

    Calbayog Water launches first septage treatment plant in Calbayog City

    Calbayog Water, a Manila Water non-East Zone operating unit under Manila Water Philippine Ventures (MWPV), has officially launched its first Septage Treatment Facility (SpTP) in Barangay Dinagan, Calbayog City, Samar—marking a significant milestone in the city’s sanitation and environmental protection efforts.

    Bifrost Cable Lands in Davao

    Converge ICT Solutions Inc. announced the successful landing of the trans-Pacific Bifrost Cable System in Davao, a key milestone in positioning the Philippines as a major hub in the global digital infrastructure map.
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