GSIS to stay on as Metro Pacific shareholder after delisting
State pension fund Government Service Insurance System intends to stay as shareholder of Metro Pacific Investments Corp. after it is delisted from the Philippine Stock Exchange.
Thrift banks post growth despite menu of challenges
The Chamber of Thrift Banks (CTB), the umbrella organization of the country’s thrift units, reported the sector showing remarkable stability and growth underpinned by key indicators that highlight its robust performance despite the challenges faced the past year.
Makati-Taguig dispute ‘hurts’ P125-billion subway project
Philippine Infradev Holdings Inc. said Wednesday it will discuss with City of Makati some modifications in the P125-billion intra-city subway project in view of a Supreme Court ruling that transferred certain city districts to the jurisdiction of neighboring Taguig City.
Globe backs anti-money mule bill; says measure to hurt scammers
Globe Telecom Inc. said Tuesday it supports the proposed Anti-Money Mule and Financial Fraud that seeks to criminalize these illegal acts and penalize offenders...
Wall St slips as Treasury yields rise, oil prices boost energy sector
Wall Street's three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path.
