LISTED power generator Aboitiz Power Corp. (AboitizPower) will redeem P2.5 billion worth of fixed-rate retail bonds this month, three years earlier than their 2028 maturity. In a regulatory filing on ...

LISTED DigiPlus Interactive Corp. (PLUS) has partnered with Philippine First Insurance Co., Inc. (PhilFirst) to roll out a surety bond program that provides financial protection for players’ in-game ...

MERALCO POWERGEN CORP. (MGEN), the power generation arm of Manila Electric Co. (Meralco), has tapped two Chinese firms to build its 49-megawatt (MW) battery energy storage system (BESS) in Toledo, ...

The Office of the Ombudsman has lifted the preventive suspension on Government Service Insurance System (GSIS) President and General Manager Jose Arnulfo “Wick” A. Veloso and four other officials. In ...

The Bangko Sentral ng Pilipinas (BSP) is implementing a new cash withdrawal limit of P500,000 per day in a move to curb money laundering risks involving large cash transactions. BSP Governor Eli ...

APPROVED building permits declined 8.5% year on year in July as residential construction projects slumped, the Philippine Statistics Authority (PSA) reported. Preliminary data showed building projects ...

PHINMA Corp. chairman emeritus Oscar J. Hilado passed away on Sept. 17, the company said on Friday. Mr. Hilado was 87. “The entire PHINMA group of companies extend our deepest condolences to the ...

THE PHILIPPINES must increase its data-related investments so it can harness artificial intelligence (AI) technologies for improved policymaking and accountability in government, according to experts.

SOME EXPORTERS have seen slower orders from the United States after the 19% “reciprocal” tariff took effect last month, which could cause outbound shipments this year to be lower than previously ...

UNITED NATIONS – United Nations aid chief Tom Fletcher hopes the world body will fight back against a “sustained attack” on its values and finances next week at an annual gathering of world leaders, ...

Islamic banking differs from conventional banking as it operates in accordance with Shari’ah law, the moral and religious principles of Islam. Its defining feature is the prohibition of interest (riba ...

The US Supreme Court on Thursday set a date of November 5 for arguments it will hear concerning the legality of Donald Trump’s sweeping global tariffs in a major test of one of the Republican ...