Philippines Board of Investments approvals surge in Jan-Feb 2021
Investment approvals at the Board of Investments (BOI) surged by 156 percent in the first two months of the year compared to the same period...
Philippines is set to top IPOs in the region this year
The Philippine Stock Exchange (PSE) is set to see at least seven initial public offerings (IPOs) this year. This occurrence despite lingering uncertainties brought about...
Yoshinoya Partners with Jollibee in Philippines
Filipinos can expect more Yoshinoya stores in the Philippines. The popular Japanese chain has entered into a partnership with homegrown food giant, Jollibee Foods Corporation...
DOF secures US$17-B external financing in 2020 for budgetary support and key projects
The Philippines Department of Finance (DOF) has contracted a total of US$17.06 billion in affordable financing from external sources in 2020 for critical infrastructure projects...
Pain and Gain of Stock Trading Mania
Every few years, regulatory bodies and governments will attempt to "democratise" stock trading and investing. Unfortunately (or in some cases, fortunately), it has not made...
PAL to retrench staff in March
Philippine Airlines (PAL) is now implementing a company-wide workforce reduction program covering about 2,300 employees. This number amounts to approximately 30% of the airline’s workforce. ...
Philippine stocks end week up, peso finishes sideways vs. US dollar
Philippine shares ended the week higher after the confirmation of US President-elect Joe Biden’s win while the peso continues its sideways close against the greenback....
Al-Futtaim sells RHS to GMG
AL-FUTTAIM is selling local sports retail powerhouse, Royal Sporting House (RHS). Al-Futtaim is the parent company of Singapore department store operator, Robinsons. They will be...
LIMA ESTATE TO BE CALABARZON’S NEXT LEADING ECONOMIC CENTER
The Aboitiz Group’s Lima Land, Inc. will expand LIMA Estate in Batangas in response to the increasing demand for industrial and commercial spaces in Region...
Country must fortify evacuations centers, President Duterte tells lawmakers
The government should prioritise the construction of sturdy evacuation centres to provide shelter to the vulnerable population during disasters; President Rodrigo Roa Duterte said on...