Hong Kong’s LET Group securing P25-B loan for Philippine casino
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AIDAN HOWE-UNSPLASH The Philippine unit of Hong Kong’s LET Group Holdings, formerly junket operator Suncity, is securing a bank loan of up…
SM Supermalls honors Super Pinoys this June
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One of the most important events in Philippine history is the declaration of our independence as a nation. As we inch closer…
BSP cuts reserve ratio, flags rate lull
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BW FILE PHOTO By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday cut banks’ reserve requirement ratio effective…
April factory output rises by 8.2% on solid demand
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A worker is seen inside a manufacturing plant in Sto. Tomas, Batangas, March 1, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES MANUFACTURING OUTPUT…
Philippine lenders’ April bad loan ratio worsens
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REUTERS BAD LOANS of Philippine banks rose in April, bringing their nonperforming loan ratio to the highest in seven months, the central…
GlobalSource keeps growth forecasts as inflation slacks off
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SEAN YORO-UNSPLASH GLOBALSOURCE PARTNERS, Inc. kept its Philippine growth forecast for 2023 and 2024 as it lowered its inflation outlook for this…
Lazada, a partner of sellers and nanopreneurs for business growth
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Pauline Castro, head of traffic strategy at Lazada Philippines Whether with big brands or as “nanopreneurs” managing their small shops, Lazada provides…
Far East Holdings set to acquire Top Frontier shares for P10.86B
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TOP FRONTIER Investment Holdings, Inc. has agreed to the subscription of shares by Far East Holdings Inc. valued at about P10.86 billion…
Bo’s Coffee plans to open up to 25 more stores in 2023
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HOMEGROWN COFFEE brand Bo’s Coffee is targeting to increase the number of its stores to 150 this year, its top official said….
CTA backs denial of wind farm’s refund
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CTA.JUDICIARY.GOV.PH/ THE COURT of Tax Appeals (CTA) has stood by its decision that denied the refund claim of EDC Burgos Wind Power…