Top News
SEC approves 15% IPO float under exemptive relief
The Securities and Exchange Commission (SEC) on Thursday exercised exemptive relief, allowing companies to go public and offer under an initial public offering (IPO) only 15 percent of their equity structure instead of the mandatory 20 percent.
Imported rice MSRP only P45/Kilo by end-March
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Wednesday announced that the maximum suggested retail price (MSRP) for imported rice will be reduced anew on 31 March to P45 per kilo, following a continued easing in global rice prices.
Financial platforms asked to tread carefully as election abuses go online
The Bangko Sentral ng Pilipinas (BSP) has called on all BSP-supervised financial institutions (BSFIs) to enhance their monitoring systems to prevent the abuse of financial platforms in the upcoming May 2025 elections.
Manila secures over P65 billion supplemental funding for infra, health projects from Tokyo
The government, led by Finance Secretary Ralph G. Recto, secured on Monday significant financial backing from Japan for critical infrastructure projects and key health and climate change initiatives during a high-level meeting held in Manila.
Construction approvals decline in January—PSA data
The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.
