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    Metals mania signals rate cut, USD doubts

    Metals are having a moment. And it is loud, shiny, and unapologetically macro. 

    Sumitomo Mitsui raises stake in RCBC for P6.4B

    Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has raised its stake in Rizal Commercial Banking Corp. (RCBC), acquiring an additional 4.46 percent equity interest worth P6.4 billion and boosting its total ownership to 24.46 percent.

    Binalot eyes overseas comeback, provincial expansion

    Binalot Foods Corp., the fast-casual brand famed for meals wrapped in banana leaves, is sharpening its growth playbook as it deepens its Philippine footprint and eyes a return to overseas markets.

    Land Bank sells stake in PDS to PSE

    State-owned Land Bank of the Philippines has agreed to sell its 2.15 percent stake in Philippine Dealing System Holdings Corp. (PDS) to the Philippine Stock Exchange (PSE) for P80.62 million.

    DFNN unit wins NAIA passenger processing contract

    DFNN Inc.’s technology unit, iWave Inc., has been awarded a contract to help upgrade passenger processing systems at Ninoy Aquino International Airport (NAIA) Terminals 1 and 3.

    Just in

    BOI approvals surge toward P1T on green push

    The Board of Investments (BOI) has approved P977 billion worth of investment projects year to date, signaling robust investor confidence and reinforcing the Philippines’ push to become a regional hub for smart and sustainable investments.

    LFM buys Makati land for P1.1 billion

    LFM Properties Corp. said it has bought a 918-square meter parcel of land in Salcedo Village, Makati, for P1.1 billion, excluding value-added tax.

    DOTr orders more ships for Lucena–Romblon route amid holiday rush

    The Department of Transportation (DOTr) has ordered the Maritime Industry Authority (MARINA) to speed up the deployment of additional passenger ships at Lucena ports to uuuaddress the growing number of travelers heading to Romblon for Christmas.

    DepEd, optometrists launch national vision screening for kindergarten learners

    The Department of Education (DepEd) and the Integrated Philippine Association of Optometrists, Inc. (IPAO) have launched the National Vision Screening Program (NVSP), which requires vision checks for all kindergarten learners nationwide.
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