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ACEN prepares P25 billion preferred share sale

ACEN Corp., the energy generation arm of the Ayala Group, said Wednesday its board approved the terms and conditions of the issuance of up...

Loan growth drives Philippine Business Bank 1H net income up 40%

Philippine Business Bank said Wednesday first-half net income surged 40 percent year-on-year to P869.2 million from 620.3 million, fueled by sustained loans and deposit...

Philippines shocks New Zealand and the world, scores first-ever World Cup win

The Philippines stunned the world Tuesday as the Filipinas scored the first-ever--and winning-- goal at the FIFA Women’s World Cup, shocking co-host New Zealand...

Bulk of SIM cards used for scamming, telemarketing – DICT

The Department of Information and Communications Technology (DICT) on Tuesday expressed satisfaction over the outcome of the registration of subscriber identity module (SIM) cards...

Repower rues weak underwriter use of war chest vs profit takers in listing debut

Repower Energy Development Corp. said Tuesday that the lead underwriter and sole bookrunner of its P1.15 billion initial public offering only tapped a third...

Just in

World Bank backs Philippines reform agenda with $800M loan

The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.

Grab, MOVE IT launch fuel relief for drivers

Ride-hailing giant Grab and motorcycle taxi platform MOVE IT have rolled out an emergency support program for drivers as surging fuel prices threaten the earnings of thousands of transport workers across the Philippines.

Philippines eyes US-led Pax Silica, critical minerals pact with Canada

The Philippines is seeking to join the US-led Pax Silica Initiative while exploring a critical minerals partnership with Canada, as Manila steps up efforts to position itself in emerging supply chains tied to artificial intelligence, semiconductors and advanced manufacturing.

Philippines urges ASEAN investment certainty amid geopolitical uncertainties

The Philippines on Friday urged fellow members of the Association of Southeast Asian Nations (ASEAN) to reinforce policy stability and cooperation across the region, warning that rising geopolitical tensions are increasingly shaping investment flows and economic confidence.
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