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DA mulls local production of FMD vaccine 

Agriculture Secretary Francisco P. Tiu Laurel, Jr. has created a technical working group studying the feasibility of manufacturing foot-and-mouth disease (FMD) vaccines in the Philippines.

GCash parent Mynt secures fresh investments; company valued at USD5 billion

Globe Fintech Innovations, Inc., the parent company of GCash and better known as Mynt, has secured significant new investments from Ayala Corp. and Mitsubishi UFJ Financial Group of Japan, effectively valuing the financial technology company at USD5 billion compared with only USD2 billion in 2021.

ADB backs PH transport projects with solid advisory services

The Asian Development Bank (ADB) has agreed to take on an advisory role in key projects meant to boost the delivery of transport services in the country. 

SMPC reports 41% decline in Q2 earnings to P6.0B;H1 net income falls 34% to P12.6B

Integrated energy company Semirara Mining and Power Corporation (SMPC) posted a 41-percent drop in second-quarter earnings to slightly over P6.0 billion from P10.2 billion...

PayMongo partners with YelloX to strengthen supply chain enterprises

PayMongo, a leading digital financial services company, partnered recently with YelloX, a renowned platform for end-to-end supply chain management, to streamline payment processing and fund management for supply chain enterprises.

Just in

PITX sees 1.89 million passengers for Undas travel period

The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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