Transportation Secretary Jaime Bautista Lopez said the government will pay an initial ₱1 billion in undisputed obligations to Light Rail Manila Corp. (LRMC) by year-end, following reports that the LRT-1 operator’s major shareholder, Metro Pacific Investments Corp. (MPIC), is reassessing its stake.
Online gaming firm DigiPlus Interactive Corp. says it expects a pickup in business in the fourth quarter after a weak performance in 3Q, following the government’s mid-August decision to block online gaming transactions through major e-wallets like GCash and Maya.
The Philippine Securities and Exchange Commission (SEC) and Cambodia’s Securities and Exchange Regulator (SERC) have signed a new cooperation deal aimed at strengthening and modernizing their capital markets.
