PepsiCo is eyeing a competitive position in the alcoholic ready-to-drink (RTD) market in the Philippines, a sector experiencing a notable shift as consumers seek variety in their beverage choices.
The Bangko Sentral ng Pilipinas on Tuesday expressed optimism the Philippines could soon exit from the Financial Action Task Force’s grey list, following a recent statement from the international watchdog recognizing the country’s reforms in anti-money laundering and counter-terrorism financing initiatives.
The Manila Electric Co. (Meralco) on Monday announced a robust 17 percent increase in core net income for the first nine months of 2024, reaching P35.1 billion versus only P30.02 billion in the same period last year.
The Philippine Stock Exchange Inc. (PSE) is projecting significant growth in capital raising, anticipating totals between P140 billion and P150 billion in 2025, buoyed by several high-profile initial public offerings (IPOs).