Sunday, 20 April 2025, 4:12 am

    Jun Vallecera

    85 POSTS

    Dollar bond sales push BOP into surplus in January

    The country’s balance of payments (BOP), a snapshot of foreign currency earnings minus its expenses, swung into a surplus in January this year from...

    Post Valentine BIR, lotto operators meet resolves confusion over tax

    The Bureau of Internal Revenue (BIR) recently met with the operators of the various lotto outlets in the country to flesh out the confusion...

    Cybersecurity vendor warns of new info-stealer malware

    The virus information stealer Vidar has been spreading through internet domains claiming to be associated with the remote desktop software company AnyDesk. This was reported...

    Challenging 2022 economic landscape pushed SCG Philippines profits south

    SCG Philippines, which locally markets its cement and building materials directly from facilities in Thailand, has reported continued profitable if significantly eroded operations in...

    On the economy, while IMF frets, Guinigundo sizzles

    Key International Monetary Fund (IMF) officials urged central banks to ensure that their policy responses remain appropriately restrictive and should stay in place long...

    Just in

    Meralco rejects DOE claim vs its delayed power supply deal

    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’s 2024 profit dips despite sales growth, expansion push

    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 acquiring control of MerryMart in P1.28-B deal

    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.

    SEC-SM tandem launches videos vs scams

    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.
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