The Securities and Exchange Commission (SEC) is poised to implement new guidelines aimed at bolstering the capital markets while enhancing investor protection.
Finance Secretary Ralph G. Recto on Monday hailed the P6.326 trillion budget for 2025 as the government's most potent tool to drive economic growth and deliver substantial benefits to Filipinos. Signed into law only today, the 2025 General Appropriations Act (GAA) marks a 9.7 percent increase from the previous year, representing 22 percent of the country's projected GDP.
Outstanding loans granted by the foreign currency deposit units (FCDUs) of Philippine banks reached USD15.75 billion, marking a 0.7 percent rise from the previous quarter and a 1.6 percent year-on-year increase.
The Philippine Stock Exchange (PSE) closed out 2024 on a high note, marking the first year-on-year gain since before the pandemic, as investors gained confidence despite external and internal challenges. The benchmark index, the PSEi, finished at 6,528.79 points, up 78.75 points or 1 percent from its 2023 close of 6,450.04 points, signaling a promising return to growth.
Foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) saw a significant rebound in November 2024, with net inflows of USD96.59 million, reversing the previous month's USD529.68 million net outflows.
Local mining associations are calling for the immediate release of Global Ferronickel Holdings Inc. (FNI) chairman Joseph Sy, who was arrested by the Bureau of Immigration (BI) on 21 August 2025 over alleged misrepresentation of his citizenship.
Hard Discount Philippines Inc. (HDPI), operator of the fast-expanding DALI Everyday Grocery chain, reported a deeper net loss of ₱1.97 billion in 2024, slightly higher than the ₱1.9 billion loss in 2023, despite a strong 52 percent jump in revenues to nearly ₱34 billion.
Corporate relocations, particularly by government agencies, and the decentralization of business operations are reshaping the Philippine real estate landscape, according to property consultant Prime Philippines. The firm noted that pending public sector relocations in Metro Manila could boost office occupancy, while business process outsourcing (BPO) growth continues to spur demand in regional hubs such as Clark, Cebu, Davao, Iloilo, and Bacolod.