The National Economic and Development Authority (NEDA) said a legislated across-the-board wage hike would be very harmful to the Philippine economy in the longer term.
The Makati City Government on Monday issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.
Smart has failed...
Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla has declared the local financial landscape on solid footing, saying the banking system is strong,...
The nationwide average electricity rate in the Wholesale Electricity Spot Market (WESM) rose by 3.4 percent in July, reaching P3.99 per kilowatt-hour (kWh) from P3.86/kWh in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.
Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.
GCash, the mobile wallet service under Globe Telecom, is rolling out new platform features to bolster responsible online gaming, reinforcing its commitment to user safety and regulatory compliance.