Thursday, 07 August 2025, 2:37 am

    Jun Vallecera

    86 POSTS

    Manila digital financial transactions some of the more compelling narratives in region – ADB

    The Philippines owns one of the more successful programs in the digital transformation process of countries monitored by the Asian Development Bank (ADB). According to...

    e-wallets far more widespread in Phl than credit cards

    The Philippines is well on its way to a cash-lite future as the number of Filipinos owning e-wallets like Maya and GCash far outnumber...

    Beginning July, MSME loans no longer count as reserve-eligible funds – BSP

    Loans the various banks have extended to large enterprises and the micro, small and medium enterprise (MSME) sector no longer count as reserve-eligible funds...

    Manila sovereign standing rated weak under latest S&P readings

    On a scale of 1 to 6, with 6 being weakest, the Philippine sovereign's institutional and economic standing is rated 4, according to the...

    IMF flags country’s corporate debt as among the most vulnerable in Asia

    The International Monetary Fund on Thursday flagged corporate debt in the Philippines as among the most vulnerable in Asia and urged the monetary authorities...

    Just in

    WESM power rates up 3.4% in July amid supply constraints

    The nationwide average electricity rate in the Wholesale Electricity Spot Market (WESM) rose by 3.4 percent in July, reaching P3.99 per kilowatt-hour (kWh) from P3.86/kWh in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

    SMFB posts 15% rise in 1H net income

    San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.

    Ayala Land posts 8% profit growth, eyes stronger H2 amid strategic expansions

    Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.

    GCash adds responsible gambling safeguard to platform, backing regulatory push

    GCash, the mobile wallet service under Globe Telecom, is rolling out new platform features to bolster responsible online gaming, reinforcing its commitment to user safety and regulatory compliance.
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