The Philippine Stock Exchange (PSE) is planning a drastic reduction in capitalization requirements for exchange-traded fund (ETF) issuers, cutting the threshold to as low as ₱1 million from ₱250 million, in a regulatory overhaul aimed at reviving the dormant asset class. The local bourse is...
The Philippine Stock Exchange Inc. (PSE) has become the first stock exchange to join the Carbon Disclosure Project (CDP) as a capital markets signatory, in a move aimed at strengthening its commitment to advancing sustainable finance and corporate transparency. CDP is a global nonprofit...
San Miguel Corp. (SMC) may complete the first runway of its ₱735-billion New Manila International Airport ahead of its 2028 timeline, despite construction bottlenecks caused by supply shortages in Manila Bay. Ramon S. Ang, SMC chairman and chief executive officer, assured shareholders during the...
House Committee on Overseas Workers Affairs Chairperson and AGIMAT Party-list Rep. Bryan Revilla couldn 't help but recall on Sunday, June 7 some words of wisdom from his grandfather, the late senator Ramon Revilla Sr. as he addressed overseas Filipino workers (OFWs). Speaking at the opening...
Malacañang has warned the public against the “forces of darkness” while saying it could not yet confirm reports of an alleged plot to storm Malacañan on June 12. The Palace issued the statement after veteran broadcaster Ramon Tulfo claimed on social media that intelligence reports discussed...
The Philippine Stock Exchange (PSE) Inc. proposed a uniform framework for all market-making operations, moving to revive thin trading volumes and expand liquidity tools beyond exchange-traded funds (ETFs). The draft rules seek to institutionalize a standardized system for brokers to continuously...
San Miguel Corp. clarified that its proposed ₱7.78 billion Boracay Bridge project has not been abandoned, saying the infrastructure giant will pursue further consultations to address mounting concerns from local stakeholders. The conglomerate issued the statement following social media reports...
The Philippine Stock Exchange (PSE) intends to keep Chairman Jose T. Pardo on its board of directors, no longer as an independent director but as a non-broker director representing other market participants, when it holds its board elections during its annual stockholders’ meeting (ASM) on July...
ILOILO CITY—Uncertainty loomed over the P7.78-billion Boracay bridge project after two conflicting pronouncements were issued. Residents and stakeholders in Malay town and the rest of Aklan province are awaiting if San Miguel Corp. (SMC) will continue with the proposed 2.54-kilometer bridge...
Despite a challenging operating environment, San Miguel Corp. 's hard liquor arm, Ginebra San Miguel Inc. (GSMI), sustained its growth momentum in the first quarter of 2026, with net income rising faster than revenues. First-quarter net income reached ₱2.3 billion, up nine percent from the...
More than 2,400 informal settler families (ISFs) and farm workers, are set to have their homes following the launching of rental housing projects in Victorias City in Negros Occidental, the Department of Human Settlements and Urban Development (DHSUD) said. DHSUD Secretary Jose Ramon Aliling said...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
