Tuesday, 21 October 2025, 2:05 pm

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    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...

    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...

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    AbaCore cleared to release PRIDE share dividends 

    AbaCore Capital Holdings, Inc. (PSE: ABA) has received approval from the Securities and Exchange Commission (SEC) to proceed with the distribution of its previously declared property and cash dividends to shareholders of record as of June 28, 2022.

    New BSP rule opens more investment doors for OFWs

    The Bangko Sentral ng Pilipinas (BSP) has revised its investment regulations to allow greater participation by overseas Filipino workers (OFWs) in retirement-focused funds, a move aimed at strengthening the country’s private pension system and capital markets.

    EEI transfers Cavite assets for shares

    Listed construction and engineering firm EEI Corp. announced that its board of directors has approved the transfer of training facilities in Tanza, Cavite—valued at P164 million—to its wholly owned subsidiary, EEI Training Academy Corp., in exchange for shares under a tax-free property-for-share swap.

    Apple shares soar on frenzy over iPhone 17

    Shares of Apple Inc. surged to a record high on Monday, driven by strong early demand for its newly released iPhone 17 across key markets in China and the US.
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