The Bangko Sentral ng Pilipinas (BSP) on Friday reports that consumer confidence declined substantially in the second quarter of 2026, while business sentiment improved in May, reflecting differing expectations amid global and domestic economic conditions.
The Bank of the Philippine Islands (BPI), in partnership with BPI Foundation’s Bayan Program, has organized financial literacy and wellness workshops for over 280 graduating cadets of MOL Magsaysay Maritime Academy (MMMA).
Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) has raised P1.5 billion from an oversubscribed follow-on offering of perpetual preferred shares, providing fresh capital to expand fuel importation and storage capacity as it bets on rising energy demand in the Visayas.
Del Monte Pacific Ltd. (DMPL) returned to stronger profitability in the fourth quarter ended April 30, 2026, as higher exports, firmer pricing and improved margins lifted earnings despite lingering inflationary pressures.