Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.
The Philippine Association of Private Telecommunications Companies (PAPTELCO) has echoed the Philippine Chamber of Telecommunications Operators (PCTO) in raising red flags over the national security and regulatory risks posed by Senate Bill No. 2699, also known as the Konektadong Pinoy bill.
The Bangko Sentral ng Pilipinas (BSP) approved USD6.29 billion in proposed public sector foreign borrowings in the first quarter of 2025, marking a sharp 118.91 percent increase from USD2.87 billion during the same period last year.
The Bureau of the Treasury's (BTr) inaugural 10-year benchmark fixed-rate Treasury notes (FXTNs) has successfully raised ₱300 billion from a diverse base of institutional investors.
The Bangko Sentral ng Pilipinas (BSP) reported mixed signals in credit conditions for the first quarter of 2025, with implications for the country's economic outlook and monetary policy stance.