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Manila Water sells to SMC affiliate stakes in Bulacan water firms for P1 billion

Manila Water Co. Inc. subsidiary Filipinas Water Holdings Corp. (FWHC) is selling 90 percent of its holdings in Bulakan Water Co. Inc. (BWCI) and a similar stake in Obando Water Co. Inc. (OWCI) to SMC Bulacan Water Services Corp. for P1.02 billion.

SEC green lights Maynilad blue bond offering

Maynilad Water Services, Inc. has received Securities and Exchange Commission (SEC) approval of its P15 billion blue bond sale program destined for its marine and ocean-based projects.  

BSP held key interest rates steady, says cut may happen as early as August

The Bangko Sentral ng Pilipinas kept key interest rates unchanged at its policy meeting on Thursday, noting inflation risks remain tilted toward the upside. Even so, the central bank dangled the possibility of policy easing as early as August this year.

NFA needs P16.3 billion for palay procurement in 2025

The National Food Authority will need P16.3 billion next year to procure the country's target rice buffer stock and additional budget to upgrade storage capacity.

Scammers use social media platforms Viber, FB Messenger to get to GCash users—CICC

The Cybercrime Investigation and Coordinating Center on Thursday warned customers of GCash from clicking fake emails allegedly sent by the country’s biggest mobile payment service.

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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