In a move aimed at easing the economic burden on Filipino families, MerryMart Grocery, a subsidiary of DoubleDragon Corp., has officially joined the Department of Agriculture’s (DA) KADIWA ng Pangulo (KNP) program to offer Filipinos affordable rice options.
Foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized agent banks (AABs) took the high path in 2024, with net inflows totaling USD2.1 billion, a sharp turnaround from the previous year's outflows. This marked a significant 39.2 percent increase from 2023, which saw USD12.9 billion in investments.
Philippine shares were caught in a perfect storm on Friday, with negative market-moving news sending the benchmark PSE Index to a two-year low and into bear market territory.
SM Investments Corporation (SM Investments) and its affiliates SM Foundation, China Banking Corporation, and Watsons have earned 13 prestigious Anvil Awards, solidifying their leadership in corporate communications and public relations. Recognized at the 60th Anvil Awards, the SM Group was lauded for its PR initiatives across a wide array of categories, including investor relations, sustainability, governance, and social impact.
Scam Watch Pilipinas has been recognized as one of the Top 3 Best Scam Fighting Awareness Campaigns globally at the 2025 Scam Fighter of the Year Awards, hosted by the Netherlands-based Global Anti-Scam Alliance (GASA).
The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.
The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.
For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.