DigiPlus chair buys more shares, bets on growth
Chairman Eusebio Tanco has tightened his grip on DigiPlus Interactive Corp., increasing his stake by 63,119,000 shares, equivalent to 1.4 percent of the company’s total issued and outstanding shares.
Middle East turmoil jolts Philippine export outlook
Rising geopolitical tensions in the Middle East are sending fresh shockwaves through global trade, and the Philippines is squarely in the blast radius.
Middle East tension, oil rise to test Peso’s resilience
Escalating conflict between the US and Iran has jolted global markets anew, driving crude prices toward seven-month highs of USD 67 per barrel and sharpening risks for oil-importing economies like the Philippines. For the peso, the spike is a familiar stress test: higher energy costs threaten to widen the trade deficit and reignite inflation pressures just as stability seemed within reach.
Fuel prices seen rising again amid Middle East tensions
Local fuel prices are expected to increase again this week, with possible further spikes due to worsening tensions in the Middle East.
SEC to reopen online lending market April 1
The Securities and Exchange Commission (SEC) will lift its three-year moratorium on new online lending platforms starting April 1, signaling a major policy shift aimed at expanding competition while tightening oversight of the fast-growing digital lending sector.
