Even though global growth is forecast lower this year than in 2022, individual country output growth measured as the gross domestic product (GDP) should...
The Australian government on Friday committed to share expert knowledge with the Philippines in the areas of transport, telecommunications and energy under an ongoing...
Small and medium business enterprises in the Philippines are likely punished by rising inflation averaging at least 5.4 percent this year, making it imperative for SMBs of close to a million to embrace technology and cut operating costs by 10 percent or larger.
Food price inflation remains elevated in countries around the world, the Philippines included, where food alone accounts for more than half the consumer price...
Although officials acknowledge the rising interest rate environment is a tough challenge, consumer finance provider Home Credit Philippines is confident of adding some 70,000 more clients this year and lift its customer base to 10 million from or less 9.3 million at the moment.
The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.
The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.