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Meralco commits to power the P488-billion Metro Manila Subway

The Department of Transportation (DOTr) and power distributor Manila Electric Co. (Meralco) on Thursday signed an agreement ensuring uninterrupted power and reliable service for the country's first underground railway, the Metro Manila Subway.

BSP confirms forecast and maintains policy settings

The policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) on Thursday decided to keep its borrowing rate unchanged at 6.50 percent, confirming market forecasts. As at result, the interest rates on overnight deposits and lending facilities were kept at 6 percent and 7 percent, respectively.

SPNEC makes it to the MSCI Small Cap Index

SP New Energy Corp. has made it to the exclusive MSCI Philippines Small Cap Index, the only addition to the closely watched stock market gauge.

Arthur Tan to step down as IMI chief executive

Ayala-led Integrated Micro-electronics Inc. is not renewing Arthur R. Tan as chief executive officer when his term expires on 25 April this year.

BTr sets coupon on new 5Y, retail bonds at 6.25%; public offer ends Feb. 23

The Bureau of the Treasury (BTr) on Tuesday set at 6.25 percent the coupon rate on the new five-year, peso-denominated, fixed-rate retail treasury bond that it will offer to the public until 23 February.

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Less filter, more you: Beauty trend emerges 

For years, social media fed the dream of the perfect face: sharper jawlines, fuller lips, sculpted cheeks, and features borrowed from celebrities and influencers. 

Strait of Hormuz reopening sends oil prices falling

Oil prices tumbled in early Asian trading on Monday after the US and Iran announced a breakthrough agreement that would reopen the Strait of Hormuz, easing fears of a prolonged disruption to one of the world's most critical energy corridors. 

Metro Manila warehouse supply tightens as land values climb

The supply of warehouses in Metro Manila is coming under increasing pressure as soaring land values drive the conversion of industrial properties into higher-yield residential and commercial developments, according to property consultancy Colliers.

Markets brace for twin central bank signals

Philippine financial markets are heading into a pivotal week, with investors largely keeping their powder dry ahead of policy decisions from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve that could shape the direction of stocks, bonds and the peso in the weeks ahead.

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