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Sullen consumers prevail over cheery patrons in latest BSP survey

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Consumer confidence remained pessimistic under latest survey conducted by the Bangko Sentral ng Pilipinas (BSP) in the second quarter (2Q) this year, with the...

BSP holds policy rate steady a second time

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The policy-making Monetary Board on Thursday held the rate at which it borrows from banks steady at 6.25 percent, the second such pause in...

Consortium proposes unsolicited P267-billion redevelopment of NAIA

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The Manila International Airport Consortium on Monday unveiled the P267-billion masterplan for the redevelopment of the Ninoy Aquino International Airport, an unsolicited proposal that...

Banks rated most expensive channel for remitting overseas earnings – World Bank

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Banks are the most expensive channels of remitting one’s overseas income and typically charge 11.8 percent for sending $200 to families back home, far...

Investment in infra development to boost tourism

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Investment in infrastructure development is crucial in further developing the tourist destinations as tourism bounces back from the pandemic and aims to increase its...
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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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