Thursday, 13 November 2025, 8:56 am

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    GoTyme Bank rounds 2023 with P10 billion in deposits

    "A shoutout to all you wonderful humans out there. Domo arigato to our GoTyme Bank colleagues for reaching 2 million customers and 10 billion pesos in deposits in 14 months!" the executive at one of the country's largest conglomerates said in his social media account, LinkedIn.

    National Treasury allows higher treasury bill yields at auction

    The Bureau of the Treasury (BTr) allowed Treasury bill (T-bill) yields to rise at the auction Tuesday, awarding the entire upsized offer at its first fund-raising effort for 2024.

    Mindful PPA puts behind ugly Manila incident with trained front liners in ports across the country

    The Philippine Ports Authority (PPA), which took care of more than 80,000 cruise ship passengers visiting the Philippines this year, plans developing more cruise terminals in 2024. 

    November budget deficit narrows by 25% to P93.3 billion

    The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.

    Inflation seen easing some more in December

    Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.

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    IBM soar on quantum computing breakthroughs

    Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.

    Repower Energy reports 33% revenue growth, doubles net income in nine months

    Local renewable energy developer Repower Energy Development Corp. (REDC) reported a strong financial performance for the first nine months of the year, posting a 33 percent increase in revenues to ₱526.7 million from ₱396.6 million in the same period last year.

    Marcos names Charlito Mendoza as new BIR chief

    President Ferdinand R. Marcos Jr. has appointed Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo Lumagui Jr., who led the agency for three years.

    DMCI Power plans to double coal plant capacity in Palawan

    DMCI Power Corp. is planning to expand its coal-biomass power plant in Narra, Palawan, doubling its current 15-megawatt (MW) capacity by adding 15 MW.

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