The group of lenders led by the Bankers Association of the Philippines (BAP) is selling a smaller stake in Philippine Dealing System Holdings Corporation (PDSHC) to the Philippine Stock Exchange than the amount earlier targeted. In a disclosure, the PSE said that it has entered into a Share...
It was a dream come true for veteran setter Jia Morado-De Guzman after being honored in the Philippine Sportswriters Association Awards Night on Monday, Jan. 27, at the Manila Hotel. De Guzman, 29, has been bestowed the Ms. Volleyball award for her significant contribution to the sport,...
Two-time Olympic medalist Nesthy Petecio made sure to pay tribute to the heroes of the past who paved the way to the success that Philippine Sport is relishing in the present time. The recipient of the President’s award along with fellow Paris Olympics bronze medalist Aira...
While the Philippine economy has likely accelerated further in the last three months of 2024, majority of the private-sector economists polled by Manila Bulletin doubt its degree was enough to reach the government’s growth target. Following the lower-than-expected quarter-three gross...
The Philippine Dealing & Exchange Corporation (PDEx) is launching a new derivative product on Monday, Feb. 3, the first purely Philippine peso-denominated interest rate hedge. On the sidelines of the Financial Executives Institute of the Philippines' inaugural meeting, PDEx President Antonino...
Senator Raffy Tulfo asked the Philippine National Police (PNP) to expand their visibility and place an outpost in the Marikina-Rizal-Laguna-Quezon (Marilaque) Highway which is reportedly being used as a "race track". Sen. Raffy Tulfo examines the root causes of accidents involving land transport,...
The Typhon Mid-Range Capability (MRC) arrives in Northern Luzon on April 7, 2024 for the Salaknib Exercise between the Philippine Army and United States Army Pacific. (Photo: USARPAC) The Philippine Army (PA) and United States Army Pacific (USARPAC) will hold a military exercise next month which...
Senator Juan Miguel “Migz” Zubiri welcomed the Senate’s approval on third reading of Senate Bill No. 2906, also known as the Philippine Agriculturists Act, calling it a "long overdue" recognition of the vital role of agriculturists in national development. (Senate PRIB photo) “This is a...
The local stock market fell to a 14-month low as investors turned cautious and sold off shares ahead of the Chinese New Year holiday. The main index dropped 43.41 points, or 0.70 percent, to close at 6,153.47. The services sector plunged, while the banks and industrials sectors managed to gain....
Global Dominion Financing Inc. (GDFI), a member of the Asialink Group, has been assigned an Issuer Credit Rating of PRS A plus (corp.), with a stable outlook, by the Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said a company rated PRS A has an above average...
The Securities and Exchange Commission (SEC) reported that there are currently 16 micro-, small, and medium enterprises (MSMEs) that are interested in an initial public offering (IPO) while 358 firms are potential crowdfunding issuers. During the SEC Roadshow on Capital Formation for MSMEs and...
The Philippine Retailers Association (PRA) is welcoming the plan of the Department of Agriculture (DA) to have groceries and convenience stores sell affordable rice, ranging from P29 to P45. PRA President Roberto Claudio gave this affirmation on the sidelines of the 2025 CEO Awards in Bonifacio...