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Prime Media cuts capital, retires preferred shares

Prime Media Holdings, Inc. has secured regulatory approval to streamline its capital structure, following the retirement of a class of preferred shares.

Unemployment eases to 5.1%  in February

The Philippines’ job market showed tentative improvement in February, with the unemployment rate easing to 5.1 percent from 5.8 percent in January, according to data released Wednesday by the Philippine Statistics Authority.

Trump suspends Iran attack as Pakistan brokers ceasefire

US President Donald Trump on Tuesday (Wednesday morning in Manila) suspended planned strikes on Iran after Pakistan brokered a two-week ceasefire.

Managed office operators gain traction amid cautious expansion

Managed facility operators are gaining ground as companies rethink office leasing strategies in response to tighter capital conditions and elevated uncertainty, according to Mikko Barranda, director for commercial leasing at Leechiu Property Consultants.

Philippine conglomerates rewire education to boost productivity 

Philippine conglomerates are reshaping the country’s education landscape as part of a broader push to address long-standing productivity constraints, according to the 2026 Private Capital Report of Foxmont Capital Partners.

Just in

BSP secures conviction vs unregistered financial operators, closed bank officials

The Bangko Sentral ng Pilipinas (BSP) announced that several individuals linked to closed banks, money changing outlets, and pawnshop businesses have been convicted by various courts across the country, following BSP-led investigations and referrals for prosecution. These judgments, which include substantial fines and prison terms, underscore the regulator’s firm stance on upholding banking and financial laws, and carry significant implications for industry stakeholders and the general public.

ACMobility charging network expands as BYD sales surge 

ACMobility has captured nearly half of the Philippines’ open-access electric vehicle charging network as it rapidly expands infrastructure alongside the surging sales of Chinese EV brand BYD.

Beverage group warns P20 tax could raise drink prices

A proposed P20 increase in the excise tax on sweetened beverages could push up drink prices and put further pressure on consumers and small retailers, the Beverage Industry Association of the Philippines (BIAP) warned.

Taiwan firms target PH energy, healthcare, farm gaps

Taiwanese companies are looking to expand in the Philippines by targeting gaps in energy, healthcare, agriculture, and digital infrastructure, with 125 firms showcasing technologies at Taiwan Expo 2026 in Manila.
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