Markets
RRHI exits No Brand outlets, refocuses portfolio strategy
Robinsons Retail Holdings Inc. (RRHI) said it will shut down all standalone No Brand stores in the Philippines, marking a strategic shift as the retailer streamlines its portfolio toward higher-performing formats.
Filipinos browse fashion, buy essentials in online sale event
Online retailer Shopee reported a 19 percent increase in orders during its 3.3 sale, based on newly released consumer data showing how Filipinos shop online.
FINEX urges deeper markets to sustain growth
The Financial Executives Institute of the Philippines is calling for faster development of the country’s capital markets, warning that sustaining economic growth will require broader, more reliable sources of long-term funding.
Broker board term limits gain strong backing
Leading Philippine business groups have thrown their weight behind the Securities and Exchange Commission (SEC) proposal to impose term limits on broker directors of securities exchanges, calling it a timely governance reform aimed at bolstering investor confidence and market integrity.
Federal Reserve holds rates as risks persist
The Federal Reserve held its benchmark rate at 3.5 percent to 3.75 percent and its chairman, Jerome Powell, said monetary policy is steady for...
