The UK meat alternative business continues to erode the earnings of food and beverage giant Monde Nissin Corporation, although Quorn’s losses and the principal shareholders’ guarantee have further exacerbated the situation, rather than easing the burden. In a disclosure to the Philippine Stock...
People who were involved in the sand dumping incident in the West Philippine Sea may face charges for violating two laws— the Philippine Maritime Zones Act and Philippine Mining Act, Malacañang said. Presidential Communications Officer Undersecretary Claire Castro holds a press briefing at...
As the nation reflects on the 2025 midterm elections, the heroism of Filipino teachers stands out. However, their service continues to be marred by long-standing systemic issues, as reported by the Department of Education (DepEd) and teachers ' groups such as the Alliance of Concerned Teachers...
The local stock rallied after the early release of results of a peaceful mid-term elections and a pause on the US-China trade war. The main index jumped by 108.62 points or 1.68 percent to close at 6,566.82 as the Services sector lead the charge while Miners lagged behind as gold prices dropped....
The Chamber of Commerce of the Philippine Islands (CCPI) celebrated its rich history and future vision on April 30, 2025, at its Intramuros building with the unveiling of its Legacy Book and the presentation of Exemplar Awards to San Miguel Corporation and its president, Ramon S. Ang. The Legacy...
With illegal tobacco incidence reaching an all-time high of 18.2 percent in 2024, Philippine Tobacco Institute (PTI) has urged the Marcos administration to recalibrate tax rates to help reverse the declining state of the tobacco industry. The latest industry data showed that illicit cigarettes...
The Philippines touts a 5.6 percent gross domestic product (GDP) growth in 2024, the highest in the region. With the highest GDP growth rate and one of the two biggest national budgets in ASEAN (2021-2025), it has little to show—except the lowest GDP per capita in the region. Besides, our 1.9...
Investors in the Philippine stock market will be watching out for news on how the mid-term elections was conducted and how the Marcos administration’s candidates fared while also waiting for the release of remittance numbers. Rizal Commercial Banking Corporation Chief Economist Michael L....
Despite an accelerated loan loss provisioning, Alfredo Yao 's Philippine Business Bank managed to grow its net income by 15.4 percent to ₱590.0 million in the first quarter of 2025 from the ₱511.5 million earned in the same period last year on the back of higher margins. In a disclosure to...
Local furniture manufacturers are seeking immediate government intervention to safeguard the industry from the impact of the 17-percent tariffs imposed by the United States on Philippine goods, citing the risk of potential factory closures and job losses. In a position paper addressed to the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
The 16th Philippine SME Business Expo (PHILSME 2025) commenced at the SMX Convention Center, Mall of Asia Complex, drawing thousands of entrepreneurs and industry players. The two-day B2B trade show aims to fuel business momentum under the theme "Driving Momentum: Pursuing Ingenuity, Resiliency,...
