Tuesday, 09 September 2025, 8:41 pm

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    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...

    Global trade growth seen decelerating further this year

    Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

    Manuel M. Lopez Passes Away

    Manuel M. Lopez, a former Philippine envoy to Japan and former chairman of Manila Electric Co., passed away on Thursday. He was 80.

    Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

    The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.

    Just in

    LGU treasurers urged to lead fiscal reforms

    Finance Secretary Ralph G. Recto has directed newly appointed local government treasurers to serve as the country’s “first line of defense” in upholding fiscal governance at the local level.

    Detained mining exec scores legal victory against immigration bureau

    Global Ferronickel Holdings Inc. (FNI) announced that its detained chairman, Joseph Sy, has secured another legal victory after a Taguig Regional Trial Court (RTC) granted his urgent motion for release despite ongoing deportation proceedings initiated by the Bureau of Immigration (BI).

    PGPC launches  million-tree reforestation drive across Luzon

    The Philippine Geothermal Production Company, Inc. (PGPC) has launched an ambitious environmental initiative to plant over one million trees in seven provinces across Luzon over the next five years. The reforestation program will cover more than 1,200 hectares, targeting areas around PGPC’s geothermal steam fields.

    DOE bares harmonized EV rules to boost adoption

    The Department of Energy (DOE) expressed optimism for increased electric vehicle (EV) adoption following the release of a harmonized EV classification system set to take effect on September 20, 2025.
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