BSP targets to reduce RRR to 10%
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DAVID DVORACEK-UNSPLASH THE BANGKO SENTRAL ng Pilipinas (BSP) will likely cut banks’ reserve requirement ratio (RRR) to 10% to encourage them to…
PEZA approves P3.8-B investments in February
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THE PHILIPPINE Economic Zone Authority (PEZA) approved P3.8 billion worth of investments in February, more than double the investments approved a year…
Manila needs to show better enforcement to exit FATF ‘gray list’
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A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS THE PHILIPPINES will need to improve law…
Debt-to-GDP ratio seen to ease after 2024 — PIDS
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Economic managers are targeting 6-7% GDP growth this year, slower than the 7.6% GDP expansion in 2022. — PHILIPPINE STAR/WALTER BOLLOZOS THE…
Meralco core net income rises 10% to P27 billion
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MANILA Electric Co. (Meralco) reported a 10.2% increase in consolidated core net income to P27.11 billion in 2022 from P24.61 billion a…
Philex Mining income down nearly 27% to P1.8B
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PHILEX Mining Corp. saw its attributable net income drop by 26.9% in 2022 to P1.8 billion from P2.43 billion a year earlier…
AREIT reports higher income after ‘stable’ 2022 operations
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AREIT, Inc. posted a 55% growth in net income to P3.4 billion in 2022 as stable operations brought higher revenues for the…
Summer MMFF pushing through; 8 entries announced
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1 of 8 A CRIME drama from Brillante Mendoza and a musical using the songs of Rey Valera are among the eight entries…
Digital Edge, Threadborne Group eye second data center
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SINGAPORE-based Digital Edge Holdings Pte. Ltd. and the Philippines’ Threadborne Group are looking to build a bigger data center locally after they…
Everything Everywhere dominates SAG awards, setting stage for Oscars
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JENNY SLATE, Tallie Medel, Jamie Lee Curtis, James Hong and Michelle Yeoh accept the Outstanding Performance by a Cast in a Motion…