The Philippines would be mildly impacted by the brewing global trade war started by United States (US) President Donald Trump and may even emerge as a "winner," according to the think tank Oxford Economics. "There are no absolute winners in a trade war, but some will fare relatively better than...
The Philippines will buck the downward trend and lead economic growth acceleration among emerging markets in 2025, according to the London-based think tank Capital Economics. A Feb. 20 report of Capital Economics assistant economist Lily Millard showed that among emerging markets that are...
The ASEAN Capital Markets Forum (ACMF) has endorsed the Strategic Thrusts and a set of Key Principles for the upcoming ACMF Action Plan 2026-2030 (AP2026) during its successful 42nd Chairs’ Meeting in Penang, Malaysia. The ACMF said the AP2026, which is targeted for release in October 2025, will...
(MANILA BULLETIN) Senator Sherwin Gatchalian foresees more Filipinos investing in the country’s capital markets, thanks to the impending enactment of the proposed Capital Markets Efficiency Promotion Act (CMEPA). “CMEPA will not only...
The Philippine Stock Exchange, Inc. (PSE) is set to reshape the country's capital markets with its acquisition of a controlling stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement on Thursday, Dec. 26, the PSE announced that it had signed agreements to acquire a 61.92...
The Securities and Exchange Commission (SEC) has ordered the Capital Markets Integrity Corporation (CMIC) to take over the operations of stock brokerage Equitiworld Securities Inc. (EQWORLD) to secure the accounts of its customers. In a statement, the SEC said it issued the takeover order on Nov....
SM Markets, the retail grocery arm of the SM Group’s SM Retail, is planning to open 10 to 15 new stores outside Metro Manila this year to provide for the essential needs of Filipino communities in underserved areas in the provinces. “Service is at the heart of everything we do. As we grow, we...
Ayala-led ACEN Corporation will be rolling out $1.6 billion worth of capital for 1,600 megawatts (1.6 gigawatts) of greenfield renewable energy (RE) projects that it will be advancing at its home base in the Philippines, as well as in India and Australia. In a media briefing, ACEN President and CEO...
Senior Trade and Investment Commissioner Christopher Lim, SM Supermarket President Jojo Tagbo, Australian Ambassador Her Excellency HK Yu, Coles General Manager of Exports and Wholesale Dr. Will Mullholand, and SM Hypermarket President Arnold Daluz officially announced Coles and SM Markets...
Newly appointed Department of Finance (DOF) Secretary Ralph G. Recto said he will push for the passage of a law that will develop a sustainable corporate pension system in the country and reforms in public and private pensions. Recto said that he will advocate for the Capital Markets Development...
Find the best 65th anniversary deals in every SM Markets store for the whole month of Oct. A month-long celebration of SM’s 65th year is happening now. Excpect a series of promotions that promise to make shopping an even more rewarding experience. The 65th-anniversary promotions include:...
The Department of Agriculture (DA) said it is planning to put Kadiwa retail stores in select Metro Manila wet and dry markets within the first quarter of 2023 in a bid to make affordable foods accessible to all Filipinos. President Ferdinand 'Bongbong' Marcos Jr. visits the Kadiwa ng Pasko caravan...
