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BSP forecasts even lower inflation in June

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Inflation, or the rate of change in prices, is forecast to hit as low as 5.3 percent in June on the back of sustained...

Daily minimum wage in NCR to rise mid-July by P40

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The daily minimum wage for workers in the National Capital Region will increase starting July 16 to P610 for non-agricultural workers, and to P573...

Family-owned sustainable farming enterprise alarms regulator

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The unscrupulous among us have latched themselves unto the sustainable bandwagon to attract unwitting investors and have been somewhat successful enough for the regulator,...

Finance chief discouraged by sluggish spending

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Government spending expanded by 1.2 percent in the first five months of the year, an increase that leaves much to be desired to sustain...

Beginning July, MSME loans no longer count as reserve-eligible funds – BSP

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Loans the various banks have extended to large enterprises and the micro, small and medium enterprise (MSME) sector no longer count as reserve-eligible funds...
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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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