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Long-haul foreign investments weaken over three months

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Foreign direct investments (FDI), the kind that stays for the long haul and generate jobs for Filipinos, fell 14.1 percent in April to only...

Sharp rise in online criminality blamed on malware, user carelessness

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The Cybercrime Investigation and Coordinating Center (CICC) said cybercrimes in Metro Manila is on the uptrend despite the SIM registration law.  Citing a report from the Philippine...

Manila foreign currency reserves more than twice the global norm at $100.6 billion

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The country’s capacity to pay for trade obligations and foreign debt has more than doubled as at end-June this year. According to the Bangko Sentral...

‘The Dairy Farmers of America is in the Philippines’

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There is a real Dairy Farmers of America Inc. based in the state of Kansas in the United States but one of the same...

Philippines jobless rate eases in May to 4.3%, lowest since December

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Unemployment rate in the Philippines eased in May to its lowest in six months,  with the economy creating over 2.1 million new jobs over...
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Mynt IPO likely to price below P10, analysts say

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Mynt Inc., the company behind leading fintech platform GCash, may see its upcoming initial public offering (IPO) priced below the stated P10 indicative level, according to market analysts.

Aznar Shipping files IPO to fund expansion

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Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

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President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Transport & Logistics 0
Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

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