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PSEi seen reaching 7,800 points by yearend

The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.

Second-order inflation fears grip Bangko Sentral ng Pilipinas the most

Of all the threats to the stability of the price of services and goods in the economy, nothing grips the regulator, the Bangko Sentral...

Megaworld to open its first Palawan hotel in 2028

Megaworld Corp. on Thursday said it is building its first hotel in Palawan, the 10-storey Savoy Hotel, which will rise in the company’s 462-hectare...

SEC stops Zamboanga firm offering 35 percent investment return in 15 days

The Securities and Exchange Commission has canceled the corporate registration of Silverlion Livestock Trading Corp. for soliciting investments from the public without the required...

RSA-NEA tandem averts heavily indebted Albay Electric Cooperative disconnection from grid

San Miguel Global Power (SMGP), the power generation arm of diversified conglomerate San Miguel Corporation (SMC), has come to the rescue of debt-saddled Albay...

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DOF calms LGU fears over property tax reform

The Department of Finance (DOF) has assured local government units (LGUs) that the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically increase property taxes, seeking to dispel concerns that the landmark reform could burden taxpayers and undermine local fiscal autonomy.

PhilWeb pivots to technology with Pragmatic Play partnership 

Listed PhilWeb Corp. is expanding beyond its traditional role as a gaming operator, striking an exclusive partnership with global gaming content provider Pragmatic Play to strengthen its position as a technology partner for the Philippines' regulated online gaming industry.

MCC grant boosts Philippine reforms, energy investment prospects

The Philippines has secured a USD60 million Threshold Program grant from the US Millennium Challenge Corp.

SAFC, BDO accelerate digital lending via payments partnership

South Asialink Finance Corp. (SAFC) has teamed up with BDO Unibank Inc. to digitize its payment and collection systems, a move that could speed up loan transactions, improve operational efficiency, and expand access to financing services across the country.
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