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.
It was a full-on block party for Alas Pilipinas on a Sunday afternoon in Hanoi, as the Philippine national team powered past Indonesia in four electrifying sets on Day 2 of the 2025 AVC Women’s Volleyball Nations Cup at the Dong Anh Gymnasium in Vietnam.
The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.
The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.
The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).