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SMC taps syndicate of banks for P100 billion to complete MRT 7

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San Miguel Corporation (SMC) has tapped a consortium of Philippine banks for P100-billion to help complete the ongoing construction of Metro Rail Transit 7...

Sugar millers thumb down proposed increase in beverage tax

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The Philippine Sugar Millers Association (PSMA) called on the Department of Finance (DOF) to implement a more stringent tax collection system instead of increasing...

UNCTAD launches new index to measure economic potential

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The United Nations Conference on Trade and Development (UNCTAD) has launched a new-generation Productive Capacities Index (PCI) to help countries make more accurate diagnostics...

Business groups oppose ‘untimely, unreasonable’ wage hike in MM

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Trade groups have appealed to the NCR wage board against any “untimely” and “unreasonable” minimum wage increase in Metro Manila, saying companies have yet...

Former BIS official to head BSP

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Monetary board member Eli Remolona is named Bangko Sentral ng Pilipinas (BSP) governor when economist and academician Felipe Medalla ends his term in less...
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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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