THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to create a framework for clearing switch operations within the national payment system to ensure quick and affordable transactions. In a draft ...

MANILA fell 12 spots and continued to lag behind its Asian neighbors in the latest ranking of financial centers based on their green finance performance, London-based think tank Z/Yen Group said in ...

NET INFLOWS of foreign direct investment (FDI) into the Philippines slid in August mainly due to a sharp decline in investments in debt instruments, data from the central bank showed. Read the full ...

FITCH SOLUTIONS’ unit BMI lowered its gross domestic product (GDP) growth forecast for the Philippines this year as weak external demand remains a drag. In a report, BMI said it now expects the ...

METRO PACIFIC Tollways Corp. (MPTC), through its unit PT Margautama Nusantara (MUN), is allocating P80 billion to construct a 21-kilometer elevated toll road in the Jakarta Outer Ring Road (JORR), the ...

BOTH LOCAL and foreign films make up the weighty lineup of this year’s QCinema International Film Festival. In celebrating a coming-of-age in its 12th edition, the festival has expanded — initially ...

AYALA-LED Globe Telecom, Inc. may further reduce its capital expenditure (capex) next year, signaling a shift in its investment strategy. This year’s capex stands at $1 billion, but the company may ...

SY-LED SM Prime Holdings, Inc. reported an 11% rise in its third-quarter (Q3) net income to P11.8 billion, with its president ...

LISTED DoubleDragon Corp. (DD) has started the offer period for its P10-billion retail bond issuance, running until Nov. 20, ...

LOPEZ-LED First Gen Corp. saw its attributable net income fall by 34.2% to $52.91 million for the third quarter (Q3) amid lower revenues and a slight increase in expenses. Gross revenues went down by ...

Maya, the No. 1 Digital Bank in the Philippines, is revolutionizing banking with high engagement banking (HEB) strategy, leading to a 52% year-on-year growth in deposit balances to P36 billion as of ...

Inc. (Manulife Philippines) and Manulife China Bank Life Assurance Corp. (MCBL) have launched a single-payment insurance product with a seven-year wealth growth savings plan. “Through Wealth Guarantee ...