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Treasury partially awards 20-year bond offer; allows average rate to rise above 7 percent

The Bureau of the Treasury allowed the average yield on bonds originally issued as a 20-year government debt paper to rise above 7 percent after rejecting most of the bids at Tuesday’s auction.

Globe expunges more than 36,000 rival network SIMS from its systems

Globe Telecom has blacklisted 36,549 SIMs from rival networks in the first quarter of 2024, 62 percent more than that excluded from its systems the previous year.

Electronics giant PMM renews deal for supply of renewable energy from First Gen

Philippine Manufacturing Co. of Murata Inc. (PMM) renewed its agreement with clean energy provider First Gen Corp. for the supply of renewable electricity for its production facility. The supply deal is aligned with the commitment of the Japan-based electronics giant to shift electricity used in all its factories and offices around the world to 100 percent renewable energy by 2050.

Jollibee declares P1.29 billion cash dividend for shareholders on record May 9

Jollibee Foods Corp., the country’s largest fast food chain, said Tuesday it declared a cash dividend worth a total P1.29 billion.

AMBS, ABS-CBN partner to bring iconic Kapamilya shows and TV Patrol on AllTV 

Advanced Media Broadcasting System (AMBS) and ABS-CBN Corporation today announced their partnership that will officially bring iconic Filipino entertainment programs and relevant news to more audiences via free-to-air channel ALLTV.

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PhilWeb investee JKS secures exclusive MegaWin gaming deal

PhilWeb Corp., a listed gaming company, is expanding its footprint in the Philippines’ regulated digital gaming market after investee JKS Tech Solutions secured an exclusive partnership with international gaming content provider MegaWin.

Subic-San Diego Port pact targets trade, cruise growth 

The Port of Subic is seeking to expand its role in international maritime trade through a sister-port partnership with the Port of San Diego, opening potential opportunities in cargo transport, cruise tourism and sustainable port operations.

DMCI Homes taps Pag-IBIG for affordable condo financing

DMCI Homes has entered the government’s Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program through a partnership with Pag-IBIG Fund, opening a potential new financing pathway for homebuyers, beginning with its Anissa Heights condominium development in Pasay City.

ATFX chairman visit strengthens SmarTrade’s financial education partnership

ATFX Chairman Joe Li’s visit to SmarTrade in Makati this September reaffirmed the organizations’ nearly nine-year partnership, highlighting their shared commitment to advancing financial education and responsible market participation in the Philippines.
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