Regulators and stock market players are welcoming the enactment of the Capital Markets Efficiency Promotion Act (CMEPA), as it is key to attracting more investors and boosting trading activity on the local bourse. "The passage of CMEPA sends a clear message to both domestic and global investors...
The newly signed Capital Markets Efficiency Promotions Act (CMEPA) is projected to generate over ₱25 billion in net revenue gains over the next five years, according to the Department of Finance (DOF). Finance Secretary Ralph G. Recto said CMEPA also supports the country’s medium-term fiscal...
Despite ongoing trade talks between the two countries, the United States has approved a $3.8-million grant for the Luzon Economic Corridor, which seeks to accelerate coordinated investments in high-impact infrastructure projects. Special Assistant to the President for Investment and Economic...
The Philippines and the United States concluded on a “constructive and positive note” their trade talks amid the US’ imposition of reciprocal tariffs on Philippine goods. Philippine Special Assistant to the President for Investment and Economic Affairs, Secretary Frederick Go (right),...
Despite the United States (US) imposing temporarily suspended tariffs, members of the Marcos Cabinet expressed confidence that trade relations between Manila and Washington will be more robust ahead of their upcoming high-level meeting. “We are confident that, through our strong economic and...
The Philippines stands to gain a slight advantage over its Asian neighbors despite the new reciprocal tariffs imposed by the United States, a Palace official said on Thursday, April 10. Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go (RTVM Screenshot)...
Korea's Trade Minister Ahn Duk-geun, third from left, and Special Assistant to the President of the Philippines for Investment and Economic Affairs Frederick Go, third from right, pose during the Philippine Business Forum, co-hosted by The Korea Times and the Philippine government, at the Korea...
SM Investments Corp. (SMIC), the flagship of the Sy family, has been named by Hong Kong-based publication FinanceAsia as the best large cap company in the Philippines, based on its highly anticipated Best Companies Poll 2025. The conglomerate, which marked its 20th listing anniversary on the...
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go The Philippine equities market hopes to see a surge in trading activity after the anticipated enactment of the Capital Market Efficiency Promotion Act (CMEPA), which includes slashing the stock transaction...
SMIC President and CEO Frederic C. DyBuncio SM Investments Corp. (SMIC), the Sy family’s flagship, is considering launching its data center business in Batangas but is still waiting for better timing since foreign hyperscalers are still not too keen on setting up shop in the Philippines. In...
SM Investments Corporation (SMIC), the flagship of the Sy family, reported a seven percent improvement in consolidated net income to ₱82.6 billion last year from ₱77 billion in 2023 as its banking, real estate, and retail businesses fueled revenue growth. In a disclosure to the Philippine Stock...
SM Investments Corporation, the flagship of the Sy family, is cautiously optimistic and expects its upward trajectory to continue this year on the back of the strength of the Philippine economy. In an interview, SMIC Chairman Amando M. Tetangco Jr. said, “We will continue to grow in 2025. As many...
