THE DEPARTMENT of Agriculture (DA) declared on Monday a food security emergency on rice, the latest effort by the government to lower the cost of the staple grain. “This emergency declaration allows ...

THE PHILIPPINES may have difficulty achieving the upper end of the government’s 6-8% gross domestic product (GDP) growth target amid heightened global uncertainties this year.

THE PHILIPPINE Chamber of Commerce and Industry (PCCI) is opposing the proposed P200 across-the-board daily minimum wage hike for workers. “A blanket national minimum wage (hike) does not take into ...

Beyoncé won the top prize at music’s Grammy Awards on Sunday, taking album of the year for the first time in her career with her country album Cowboy Carter. The superstar singer triumphed over Taylor ...

THE GOVERNMENT on Monday increased the volume of Treasury bills (T-bills) it awarded for a fourth straight week as the papers fetched lower rates and strong demand after the Bangko Sentral ng ...

THE SENATE on Monday approved on third and final reading a proposed measure that will extend Manila Electric Co.’s (Meralco) franchise for another 25 years. With an 18-1-0 vote, senators approved ...

BANK of the Philippine Islands’ (BPI) net profit rose by 20% year on year to a record-high P62 billion in 2024 driven by double-digit revenue growth. This translated to a return on equity of 15.1% and ...

DOUBLEDRAGON Corp.’s (DD) subsidiary, Hotel101 Global Pte. Ltd., is nearing its $2.3-billion (P130 billion) listing on the Nasdaq Stock Exchange in the United States after meeting all requirements.

NICKEL ASIA Corp. (NAC) has signed a deal to sell the company’s entire 15.625% stake in Coral Bay Nickel Corp. (CBNC), a nickel processing operator, to Sumitomo Metal Mining Co., Ltd. (SMM). In a ...

TWO FOREIGN digital banking players are interested in entering the Philippine market, the Bangko Sentral ng Pilipinas (BSP) said.

THE TAGUIG CITY Integrated Terminal Exchange (TCITx) is expected to be fully operational by the first quarter of 2028, according to the Transportation department. “This project will be instrumental in ...

UNION BANK of the Philippines, Inc. (UnionBank) saw its net income rise by 30.69% year on year in 2024 on the back of the strength of its consumer business, improved margins, and higher revenues. The ...