Top News
Landmark GCash debut ignites mass retail stock market participation
In a historic milestone for the Philippine financial sector, Mynt, the operating entity behind the country's leading fintech platform GCash, successfully staged the nation's largest initial public offering to date, raising 60.9 billion pesos. The maiden share sale marked a defining moment for domestic capital markets, demonstrating how digital ecosystems can democratize investing and activate a new generation of retail investors.
Gov’t seeks global partners for Mindanao Railway
The Philippines is reaching out to India and other international partners to secure financing for the Mindanao Railway Project, following the withdrawal of earlier financial support from China.
DA unveils ₱61.99-B El Niño response plan; Malacañang directs targeted aid, market price watch
The Department of Agriculture has laid out a ₱61.99-billion consolidated action plan to shield food output and rural livelihoods from El Niño, even as ₱371 million in needed interventions—including cloud seeding and sugarcane pest control—still lacks funding.
Analysts see sustained long-term growth for Mynt ahead of stock market debut
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
PCC imposes record ₱1.76-B fine on onion cartel
The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).
