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    On the economy, while IMF frets, Guinigundo sizzles

    Key International Monetary Fund (IMF) officials urged central banks to ensure that their policy responses remain appropriately restrictive and should stay in place long...

    SEC, UP Law reworking policy framework to meet 21st century challenges

    The Securities and Exchange Commission and the University of the Philippines Law Center are reworking the decades-old policy framework that, while still effective, needs...

    Former Commerce Minister, businessman Roberto Ongpin, dead at 86

    Businessman Roberto Ongpin, former Commerce and Industry Minister under the late President Ferdinand Marcos, died on Sunday at Balesin Island Club, the exclusive Philippine island resort he built.

    Emerging markets output growth looking sanguine

    Emerging markets and developing economies like the Philippines were to collectively post output growth measured as the gross domestic product (GDP) averaging 4 percent this year, but higher next year to 4.2 percent, according to the International Monetary Fund (IMF).

    NG debt up 14.4%, hits P13.42T in 2022

    The national government’s total debt grew by 14.4 percent to P13.42 trillion last year from P11.73 trillion in 2021, data released by the Bureau of the Treasury (BTr) showed.

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    Meralco rejects DOE claim vs its delayed power supply deal

    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.

    SEC-SM tandem launches videos vs scams

    The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.

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