Top News
Foreign funds back Maynilad’s P34-B share sale
Maynilad Water Services Inc.’s upcoming initial public offering, slated for next month, is expected to lift investor sentiment in the local equities market, amid easing interest rates.
New BSP rule opens more investment doors for OFWs
The Bangko Sentral ng Pilipinas (BSP) has revised its investment regulations to allow greater participation by overseas Filipino workers (OFWs) in retirement-focused funds, a move aimed at strengthening the country’s private pension system and capital markets.
BOP surplus shrinks to $82M in September
The Philippines posted a balance of payments (BOP) surplus of US$82 million in September, according to the Bangko Sentral ng Pilipinas (BSP). While positive, the figure is significantly lower than the US$3.5 billion surplus recorded in the same month last year.
Work starts on FTI Station, critical segment of PH’s largest railway project
The joint venture of Leighton Asia and First Balfour has begun construction on a vital component of the North–South Commuter Railway (NSCR), the country’s largest railway project.
GSIS reports P1.92T assets, dismisses mismanagement claims
The Government Service Insurance System (GSIS) has issued a statement defending the integrity of its governance and the performance of its leadership, reaffirming its core fiduciary duty to deliver value and security to its 1.7 million members.
