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Exiting foreign fund investors last year return in 1Q with $377 million

Speculative foreign investments that exited on net basis in the first three months last year returned in the first quarter this year and helped fuel a 15 percent turnaround in net foreign inflows totaling USD377.42 million.

BAP willing to sell PDS stake provided conditions are met

The Bankers Association of the Philippines (BAP) is willing to sell its stake in the Philippine Dealing System Corp. that owns the fixed-income trading market provided the right conditions are present.

COBI thwarts efforts to settle pricing dispute with COWD over water

The Cagayan de Oro Bulk Water Inc. (COBI) on Wednesday reiterated its commitment to supply safe and reliable drinking water to the people of Cagayan de Oro City. 

Phinma close to acquiring Petra Cement

Phinma Corp. is close to completing the purchase of Petra Cement Inc. in Mindanao, according to a senior executive.

Elevated Labor Day power demand catches NGCP by surprise

The National Grid Corporation of the Philippines (NGCP) miscalculated the demand for power in the Luzon Grid on Wednesday, a holiday, an event that also forced the Energy Regulatory Commission (ERC) to suspend the operations of the Wholesale Electricity Spot Market (WESM).

Just in

When Manny meets Kiko: Pacquiao, DA chief join forces to fight poverty 

National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.

Business groups push back on proposed 200% beverage tax hike

Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.

Lenovo unveils new AI PCs – performance without the premium price

Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.

Globe Platinum rethinks iPhone 18 launch with intimate dining events

Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.
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