Wednesday, 11 June 2025, 12:30 pm

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    BPI sets record 9-month net income on sustained loan, margin expansion

    Bank of the Philippine Islands said Thursday hit a historical high for nine-month net income on the back of sustained loan and interest margin...

    Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory

    Tesla CEO Elon Musk said on Wednesday that he was concerned about the impact of high interest rates on car buyers, adding the electric vehicle maker was hesitating on its plans for a factory in Mexico as it gauges the economic outlook.

    Meat imports down 8.6 percent over nine months

    The Philippines imported 923.16 million kg of meat in the first nine months, down 8.6 percent from 1.01 billion kilos of the commodity last year, according to the Bureau of Animal Industry (BAI).

    Bayad, RCBC renew digital financial services pact

    CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection systems in the country, has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.

    President Marcos stalls push to implement Maharlika Fund

    President Ferdinand Marcos Jr. stalled the rapid push to bring to life the Maharlika Investment Fund, seeking more time to review the details of the implementing rules and regulations, or IRR, to ensure safeguards are in place.

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    Megaworld updating Eastwood City for a new urban era 

    Nearly three decades after launching Eastwood City—its very first township project and the country’s original information technology cyberpark—listed property developer Megaworld Corp. is bringing the 18.5-hectare development in Quezon City into a bold new chapter. 

    Century Pacific wins for sustainable fishing award

    Century Pacific Food, Inc. deepeed its sustainability commitments through Sustenido Bulan, a flagship initiative supporting smallholder fisherfolk in Bulan, Sorsogon. The program, which promotes inclusive growth and sustainable sardine fishing, earned Gold for Inclusive Growth and Silver for Care for the Environment at the 2025 Tambuli Awards.

    Singapore-Manila route hit as Jetstar Asia closes

    Jetstar Asia (3K) has announced it will wind down operations and permanently cease flights by 31 July 2025, citing unsustainable cost pressures and intense regional competition.

    Megawide declares P23.7M dividend on preferred shares

    Megawide Construction Corp. has declared a cash dividend of P1.99015 per share for its Series 6B preferred shares, totaling P23.7 million. The dividend will be paid out of the company’s unrestricted retained earnings at the end of 2024December.

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