PHL ‘on track’ to become an upper middle-income country, says WB
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An aerial view of Metro Manila. — PHILIPPINE STAR/WALTER BOLLOZOS By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES is on track…
BSP has room for one more rate hike — S&P
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The Bangko Sentral ng Pilipinas main office in Manila. By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) still has…
Manufacturing growth eases to 9-month low
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A worker is seen inside a manufacturing plant in Sto. Tomas, Batangas, March 1, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES FACTORY OUTPUT…
Alliance Global sets P70-B capex, maps expansion
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ALLIANCE Global Group, Inc. has allotted a P70-billion capital expenditure (capex) budget this year, up from P60 billion the prior year, to…
SMFB income up 8% as business units post volume growth
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SAN MIGUEL Food and Beverage, Inc. (SMFB) posted a consolidated net income of P9.9 billion in the first quarter, up 8% from…
GCash says ‘no hacking occurred’ on customers’ reported deductions
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ELECTRONIC payment firm GCash said that it had found no evidence of hacking in relation to the wallet deductions customers experienced on…
First Gen’s natural gas, RE platforms boost earnings
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LOPEZ-LED First Gen Corp. posted a first-quarter net income of $89 million, 50.8% higher than $59 million a year ago, as its…
Pandemic project turns into albums, concert
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IT BEGAN as a pandemic project meant to keep themselves entertained during the darkest moments of the lockdowns. But as performing artists…
Globe raises P1.9B from 160 towers
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GLOBE Telecom, Inc. has closed a deal for an additional 160 towers to be acquired by MIESCOR Infrastructure Development Corp. (MIDC) for…
Gov’t makes full award of reissued 10-year bonds
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BW FILE PHOTO THE GOVERNMENT made a full award of the reissued 10-year Treasury bonds (T-bonds) it auctioned off on Tuesday as…