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Foreign investors show strong interest in mWell, Metro Pacific Health app

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.

BSP pledges vigilance as S&P maintains stable rating for PH sovereign

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.

Alibaba launches new AI video and image tools for creators

Alibaba has introduced Wan2.7-Video, a new AI model designed to help creators produce complete videos with higher quality and efficiency.

SEC proposes umbrella mutual fund, tighter rules for online lenders

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.

PSAC backs AI upskilling, faster job matching drive 

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.

Just in

RFM declares P300M cash dividend, flags muted 2026 outlook

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.

New tourism chief signals shift toward investment-led growth

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.

ADB downgrades Philippine growth outlook amid global risks

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.

Government readies EV incentives to spur investments

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.
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