The country’s international investment position (IIP) showed a net liability position of $48.5 billion as at end-June this year, slightly higher by 2.5 percent than only $47.4 billion as at end-March, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.
Bloomberry Resorts Corp. said Friday its board approved a two-step capital-raising plan that would generate P5.59 billion for the listed resort and casino operations business of tycoon Enrique Razon.
Fernando Zobel de Ayala was elected Thursday as board director of Ayala Corp. and completed his return to the conglomerate following a medical leave last year.
Vivant Corp. said Thursday one of its indirect renewable energy retail subsidiaries has signed a 20-year deal to buy electricity from Samal Solar Renewable Energy Corp., a company building a solar farm with a total capacity of 52 megaWatts-direct current.
Fuel prices will go up for the fourth straight week starting Tuesday morning. Gasoline prices will increase by P0.80 per liter, diesel by P1.60, and kerosene by P1.10. Oil firms including Seaoil, PTT, Jetti, and Caltex will implement the hikes early Tuesday.
The Bank of the Philippine Islands (BPI) is supporting travel not just as leisure, but as a way for Filipinos to learn, build stronger family ties, and support tourism and local economies. BPI is the official bank partner of the Philippine Travel Agencies Association (PTAA) 33rd Travel Tour Expo, happening from February 6 to 8, 2026 at the SMX Convention Center in Pasay City.
SM Prime Holdings Inc. said Monday that its FiveE-com Center at the Mall of Asia complex in Pasay City has earned LEED Gold certification for Operations and Maintenance, adding to the company’s portfolio of sustainable office buildings.
New agriculture programs rolled out in Mindoro point to a clear policy direction: government investment is shifting from just increasing farm output to fixing the weak links between farms, markets, and consumers.