News

THE PHILIPPINE GOVERNMENT on Tuesday raised P210 billion from its latest retail Treasury bond (RTB) sale — the third under ...
HEADLINE INFLATION sharply slowed to a near six-year low in July as utilities and food costs continued to ease, data from the Philippine Statistics Authority (PSA) showed.
BANK LENDING rose to a four-month high in June amid a jump in consumer loans, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Outstanding loans of universal and commercial banks ...
RAZON-LED International Container Terminal Services, Inc. (ICTSI) saw its second-quarter (Q2) attributable net income rise by 15.97% to $244.31 million, driven by sustained earnings across all its ...
LISTED real estate developer Megaworld Corp. saw a 35% increase in its attributable net income for the second quarter (Q2) to P5.6 billion from P4.15 billion last year, on growth across its ...
KFC Philippines expects 73% of its new stores by the end of 2025 to open under a sub-franchising model, where it grants franchise rights to individuals through local partners, as it targets investors ...
BANK of the Philippine Islands (BPI) expects to finalize its framework for blue bonds within this quarter, but the timing of its first issuance will still depend on its funding needs. “There’s just an ...
WILCON DEPOT, INC. (Wilcon) saw its second-quarter (Q2) net income fall by 18.72% to P626 million on lower sales. For the second quarter, the company’s combined revenue decreased by 2% to P8.80 ...
FINANCIAL TECHNOLOGY (fintech) company FinQuest Philippines has launched a loan-matching platform for small and medium enterprises (SMEs) and financial institutions to help the former get access to ...
PANGILINAN-LED Philex Mining Corp. saw its second-quarter (Q2) attributable net income decline by 20.5% year on year to P170.81 million due to lower gold and copper output. Operating revenues dropped ...
PHILIPPINE Savings Bank (PSBank) has ended its peso bond offering after just one day amid strong investor demand. The thrift unit of Metropolitan Bank & Trust Co. (Metrobank) has closed its offer of ...