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BYD Philippines accelerates into electric mainstream

BYD Cars Philippines wrapped up 2025 with its strongest performance yet, posting record retail sales of 26,122 units and clinching the title of the country’s fastest-growing automotive brand. 

RCBC Expands Global Reach via Japan Partnership

Rizal Commercial Banking Corp. (RCBC) has strengthened its global remittance footprint after forging a strategic partnership with Digital Wallet Corporation, the operator of Smiles Mobile Remittance, Japan’s leading mobile-based overseas money transfer service.

SP New Energy to rebrand as MGen Renewable Energy Holdings

SP New Energy Corp. (SPNEC) announced Thursday that its board has approved changing the company’s name to MGen Renewable Energy Holdings Inc., reflecting the integration of its majority owner, Meralco PowerGen Corp. (MGen), into its branding.

SEC to roll out circulars setting tone for market reforms

The Securities and Exchange Commission (SEC) announced it will issue six memorandum circulars in the first quarter, signaling its agenda for market reforms in...

DA secures palay buying commitment ahead of harvests, despite rice imports

The Department of Agriculture (DA) has secured firm commitments from rice millers and importers to buy local palay at minimum prices, even as imported rice enters the market.

Just in

1Q remittances rise to $8.68 billion

Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.

Blue chips signal medium-term PSEi opportunity 

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.

ADB offers $1.75 billion aid to PH amid Middle East crisis

The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.

Globe posts strong 1Q 2026 growth as data drives 91% of revenues

Globe Telecom reported strong first-quarter 2026 earnings, with consolidated service revenues rising 5 percent year-on-year to P42 billion, marking its second-highest quarterly revenue performance on record.
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