Forest Lake Development Inc. recently concluded its 11th National Sales Convention, a two-day event held on April 24 and 25 at Dusit Thani Mactan, Cebu. The convention celebrated a landmark 2024 for the company, which saw significant national expansion, the launch of flagship programs, and an...
Seven priority bills ratified by the House of Representatives before the 19th Congress ended two weeks ago are expected to be signed by President Ferdinand Marcos Jr., making the total priority measures the highest number of enacted laws since the 10th Congress. Reports showed that the 19th...
The Philippines is seeking a World Bank loan worth billions of pesos to enhance technical-vocational education and training (TVET) in the country. In a concept document dated June 24, the World Bank said the investment project financing (IPF) for the proposed $250.625-million (over ₱14-billion)...
The PSEi bounced back after Iran made only a token response to the United States (US) bombing of its nuclear facilities and the US announced a ceasefire, although investors’ relief eventually gave way to caution and trimmed intra-day gains. The main index rose by 74.47 points, or 1.2 percent, to...
Newly listed fuel dealer Top Line Business Development Corporation is opting to expand its network by opening more service stations than initially planned, rather than investing in a fuel tanker. In a disclosure to the Philippine Stock Exchange, the firm reported that its board of directors has...
The Philippine Stock Exchange index (PSEi) plunged in a knee-jerk reaction to the United States’ (US) bombing of Iran’s nuclear facilities, as this may lead to further escalation in the conflict and fuel more oil price hikes. The main index fell by 121.49 points, or 1.92 percent, to close at...
The World Bank will finance a United Nations (UN)-led project in the Philippines aimed at reintegrating former rebels belonging to the Moro Islamic Liberation Front (MILF). Documents showed that the Washington-based multilateral lender’s board is expected to approve on Aug. 29, 2025, the UN...
The Philippine stock market ended the week lower, as investors worried about the inflationary effects of higher oil prices due to the Israel-Iran conflict, coupled with a weaker peso. The main index shed 17.24 points, or 0.27 percent, to close at 6,339.77 on Friday, June 20. The Industrial sector...
The Philippines posted a substantial increase in net inflows of foreign direct investments (FDIs) last year, even as it held on to the sixth spot among Association of Southeast Asian Nations (ASEAN) members for the fourth consecutive year, according to the United Nations Conference on Trade and...
Local stocks rose as investors anticipate a rate cut by the Bangko Sentral ng Pilipinas, which is seen to lower the cost of money and boost consumer and corporate spending. The main index added 19.58 points or 0.31 percent to close at 6,357.01 on Thursday, June 19, as Banks led the advance while...
The Department of Tourism (DOT) adopts advanced digital solutions powered by Mastercard to boost the country’s global tourism thrust through targeted and data-driven promotions. DOT Secretary Christina Garcia-Frasco and Mastercard Senior Vice President for Customer Solutions Center for Southeast...
The Marcos-led Economy and Development (ED) Council has approved the 10-year extension of the water concession agreements of Maynilad and Manila Water to ensure water supply in Metro Manila, Malacañang said Thursday, June 19. In a Facebook post, the Presidential Communications Office (PCO) said...
