Investment & Capital Corp. of the Philippines (ICCP), financial advisor to Alternergy Holdings Corp., asserted its strong commitment to transparency, regulatory compliance, and investor protection in connection with Alternergy’s capital-raising efforts.
The Government Service Insurance System (GSIS) has inaugurated its new Baguio branch office, marking a significant investment in infrastructure and digital service delivery for over 40,000 members and pensioners in the Cordillera region.
In light of recent online banking theft attempts made against some of its members and pensioners, the Government Service Insurance System (GSIS) warns the...
The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.
The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.
Samsung Electro-Mechanics Philippines Corp.’s (SEMPHIL) P50.7-billion expansion is starting to draw interest from its Korean supply chain, with about 30 Tier 1 suppliers of parent Samsung Electro-Mechanics Co. Ltd. (SEMCO) expected to come to the Philippines in October to assess potential local investments.
ACMobility has launched a nationwide electric vehicle safety education program covering EV technology, charging, ownership, and vehicle safety as electric vehicles become more common in the Philippine market.