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Gcash makes it convenient for Filipinos to borrow

Five in 10 Filipinos have outstanding loans, according to the Bangko Sentral ng Pilipinas’ (BSP) latest Financial Inclusion Survey in 2021. Of this number,...

SM Prime income rises 27% in Q1 

Shopping mall operator SM Prime Holdings Inc. on Monday reported first-quarter consolidated net income of P9.4 billion, 27 percent higher than only P7.4 billion...

Megawide turns around operations in 2022

Megawide Construction Corp. reported 2022 as a turnaround year with consolidated net income of P2.8 billion, a reversal from P893.2 million losses incurred the...

SMC corn buying program hits P23.9 billion

San Miguel Corporation’s food unit San Miguel Foods has purchased over 1.3 million metric tons of corn worth P23.9 billion from farmers nationwide since...

Unscheduled power outages send Luzon Grid on red alert

Several power plants in the Luzon Grid went on unscheduled outages and deratings Wednesday and forced the government to issue a red alert notice...

Just in

New transformers enable full wind power delivery in Mindoro

The Department of Energy (DOE) on Wednesday announced the installation of three transformers at the Calangatan Switching Station in Oriental Mindoro to improve electricity service on the island.

Malacanang orders surprise halt on transport fare hikes

The Department of Transportation (DOTr) has suspended the planned fare increases for public utility vehicles (PUVs) following a directive from President Ferdinand Marcos Jr., as global oil prices continue to rise due to tensions in the Middle East.

Luzon barangays can win P50,000 for Flores de Mayo via Lalamove

Luzon communities preparing for the annual Flores de Mayo festival now have a chance to receive support from Lalamove through its new initiative, Flores de LALA. The program highlights the effort behind the celebrations, from planning and decorations to organizing processions and church activities.

PSE says Maya’s U.S. listing could be “very difficult”

The Philippine Stock Exchange (PSE) says it could prove challenging for fintech firm Maya Philippines Inc. to list first in the United States before going public locally. PSE president and CEO Ramon S. Monzon warned that Maya could become an “orphan” stock—ignored by major U.S. investors and analysts—after a U.S. listing.
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