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PSEi seen reaching 7,800 points by yearend

Markets Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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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San Miguel Food and Beverage net income drops 4% amid tighter consumer spending

Corporate 0
San Miguel Food and Beverage Inc. (SMFB) reported Wednesday that its net income fell 4 percent to P22.1 billion in the first half of the year, down from P22.96 billion in the same period last year. The decline came as higher commodity prices, slower economic growth, and global supply chain issues reduced consumer spending and hurt some export markets.

AI could add $50.7B to PH economy by 2030

Communications & Technology 0
Artificial intelligence is projected to unlock US$50.7 billion in economic value for Philippine businesses by 2030, driving growth and competitiveness. While most firms have started using AI, 65 percent remain stuck in pilot stages due to gaps in infrastructure, system integration, and skilled talent.

Smart rolls out Apple Pay for load and bill payments starting Aug. 4

Communications & Technology 0
Smart Communications has launched Apple Pay for its subscribers, offering a fast, secure way to buy load and settle bills beginning August 4.

PCCI calls AI hub Philippines’ chance to reshape economy

Communications & Technology 0
The Philippine Chamber of Commerce and Industry (PCCI) has endorsed the proposed Pax Silica AI hub, calling it a "once-in-a-lifetime" opportunity for the country to secure a foothold in one of the world's fastest-growing industries and move up the global technology value chain.
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