LISTED Sta. Lucia Land, Inc. saw a 10.1% drop in its third-quarter net income to P906.78 million from P1.01 billion a year ago on lower revenue. Third-quarter revenue fell by 5.6% to P2.75 billion ...

SALMON Group Ltd. is looking to launch a physical card in the Philippines for its revolving credit line before the end of the year. “It is not a credit card. This is effectively a prepaid card that is ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to amend its rules on pawnshops, which will allow them to offer more services such as money changing and gold trading. In a draft circular posted on ...

TREASURY bill (T-bill) rates may decline amid the worsening Russia-Ukraine conflict and as markets await further policy signals from the US Federal Reserve. “The government securities market was just ...

LISTED Italpinas Development Corp. (IDC) has secured a new investor via a private placement deal worth P187.93 million. On Friday, IDC signed an agreement with businessman Benjamin Tan Co, who ...

SOLAR POWER provider Buskowitz Energy, Inc. (BEI) is targeting to expand its portfolio by building solar rooftop projects with a capacity of 30 megawatts (MW). “We’re doing 30 MW of projects ...

By Chloe Mari A. Hufana, Reporter DESPITE a drop in the number of working children in 2023, a labor group leader called for intensified efforts to eliminate child labor in the Philippines fully, ...

THE PHILIPPINE peso may slide to the P59-a-dollar level this week as markets price in US President-elect Donald J. Trump’s economic policies and amid safe-haven demand for the dollar due to ...

THE Tariff Commission said that it has commenced an investigation into alleged dumping of gypsum board imported from Thailand. In a notice, the commission said it commenced the investigation on Nov.

PHILIPPINE SHARES are expected to decline this week as market sentiment is weighed by a weak peso. “The peso’s weakness against the dollar, if it persists, especially if it breaches the P59 level, may ...

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Ukraine has lost over 40% of the territory in Russia’s Kursk region that it seized in a surprise incursion in August as Russian forces have mounted waves of counter-assaults, a senior Ukrainian ...