Metro Pacific Health Tech Corp., owner of the health app mWell, is attracting attention from numerous investors, even separate from Metro Pacific Hospitals, its parent company.
The Bangko Sentral ng Pilipinas (BSP) on Thursday confirmed that the Philippines has held on to its investment-grade credit rating of “BBB+” with a stable outlook, as reaffirmed by S&P Global Ratings. The rating outlook was revised from “positive” to “stable” due to the ripple effects of the ongoing Middle East conflict on the global economy.
The Securities and Exchange Commission (SEC) is pushing for the creation of an “umbrella mutual fund” to make investing easier and help grow the country’s capital markets.
The Private Sector Advisory Council (PSAC) is pushing a coordinated set of measures to protect jobs and speed up workforce transformation as global economic uncertainty weighs on employment prospects.
RFM Corp., the food production arm of the Concepcion Group, has declared a fresh P300 million cash dividend, reinforcing its record of steady shareholder returns even as it braces for a more challenging year ahead.
President Ferdinand R. Marcos Jr. has appointed Dita Angara-Mathay as secretary of the Department of Tourism, tapping a veteran economic diplomat to steer the sector toward a more investment-driven trajectory.
The Asian Development Bank (ADB) has trimmed its growth forecast for the Philippines, underscoring mounting global uncertainty driven largely by the ongoing conflict in the Middle East.
The Philippine government is finalizing a P60-billion fiscal incentive package under its proposed Electric Vehicle Incentive Strategy (EVIS), aiming to accelerate investments in next-generation automotive manufacturing.