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BOP reverts to a surplus in March

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The country’s balance of payments (BOP) stood as a surplus of $1.3 billion in March this year, higher than the $754 million BOP surplus...

Araneta, Megawide clash over construction cost of Cubao buildings 

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Tycoon Edgar Saavedra’s publicly listed Megawide Construction Corp. is at legal odds with the Araneta family over construction costs related to erecting the Gateway...

Growth in OFW remittances slows in February

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The growth in the amount of money sent home by Filipinos living and working abroad slowed for the second straight month in February, according...

Asia-Pacific trade growth seen to weaken this year amid headwinds

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The Asia-Pacific’s trade growth is projected to weaken this year due to multiple headwinds in tandem with the world, but brighter prospects for trade...

Government sector borrowed $5.56 billion from foreign lenders in Q1

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The national government (NG) already borrowed 14 percent of its financing program this year equivalent to $5.56 billion, based on data from the monetary...
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Aznar Shipping files IPO to fund expansion

Corporate 0
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

Trade & Investments 0
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.

New 8-car EMU trainset delivered for North-South Commuter Railway

Transport & Logistics 0
The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.

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