TREASURY bill (T-bill) rates may decline amid the worsening Russia-Ukraine conflict and as markets await further policy signals from the US Federal Reserve. “The government securities market was just ...

LISTED Sta. Lucia Land, Inc. saw a 10.1% drop in its third-quarter net income to P906.78 million from P1.01 billion a year ago on lower revenue. Third-quarter revenue fell by 5.6% to P2.75 billion ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to amend its rules on pawnshops, which will allow them to offer more services such as money changing and gold trading. In a draft circular posted on ...

SALMON Group Ltd. is looking to launch a physical card in the Philippines for its revolving credit line before the end of the year. “It is not a credit card. This is effectively a prepaid card that is ...

THE GOVERNMENT is now crafting an improved version of the bill seeking to reform the pension system for military and uniformed personnel (MUP), Department of Budget and Management (DBM) Secretary ...

AUTOMOTIVE SALES may hit 500,000 units next year as lower interest rates and upcoming elections spur economic activity, according to the Federation of Automotive Industries of the Philippines, Inc.

MAYNILAD Water Services, Inc. is allocating an estimated P30 billion in capital expenditure (capex) to build a water treatment plant in Teresa, Rizal to accommodate the additional supply coming from ...

SOLAR POWER provider Buskowitz Energy, Inc. (BEI) is targeting to expand its portfolio by building solar rooftop projects with a capacity of 30 megawatts (MW). “We’re doing 30 MW of projects ...

LISTED Italpinas Development Corp. (IDC) has secured a new investor via a private placement deal worth P187.93 million. On Friday, IDC signed an agreement with businessman Benjamin Tan Co, who ...

MEAT IMPORTS by volume rose 12.65% year on year in the first nine months, led by beef and pork, according to the Bureau of Animal Industry. Meat imports rose to 1.03 billion kilograms from 923.16 ...

LISTED DigiPlus Interactive Corp. said it has no plans yet to develop a property on Boracay Island as the company focuses on its digital initiatives. “At the moment, we have no imminent plans to ...

THE PHILIPPINE peso may slide to the P59-a-dollar level this week as markets price in US President-elect Donald J. Trump’s economic policies and amid safe-haven demand for the dollar due to ...