Philippine News
- Converge’s technology streamlines patient experience at St. Luke’sby N/A (Dexter Barro II) on February 17, 2025 at 8:04 am
Fiber broadband and technology provider Converge ICT Solutions Inc. launched on Monday, Feb. 17, a new digital solution aimed at innovating patient care and guest experience at St. Luke’s Medical Center (SLMC).
- Robust demand persists for short-term IOUs following BSP rate pauseby N/A (Derco Rosal) on February 17, 2025 at 7:37 am
Investor demand for the government’s short-term debt papers stayed strong for the second week amid the central bank’s surprise interest rate pause and growing interest in long-term securities amid falling U.S. Treasury yields.
- PSEi slides below 6,000 anew on US market weakness, rate hike concernsby N/A (James A. Loyola) on February 17, 2025 at 7:33 am
The Philippine Stock Exchange index (PSEi) fell following the decline in US bourses last Friday as investors are jittery about factors that may further delay interest rate cuts.
- DA urges infra overhaul to combat high food prices, reduce spoilageby N/A (Dexter Barro II) on February 17, 2025 at 6:37 am
The Department of Agriculture (DA) is seeking the improvement of the country’s road and bridge infrastructure to ensure the smooth flow of agricultural products to markets, making prices of goods stable for consumers.
- Remittances surpass expectations last year, hit record $38.3 billionby N/A (Lee C. Chipongian) on February 17, 2025 at 6:33 am
Cash remittances coursed through the banking system amounted to $34.493 billion at the end of 2024, three percent higher than $33.491 billion in 2023, based on the latest data from the Bangko Sentral ng Pilipinas (BSP).
- SM Prime’s profits jump 14% to record high, fueled by malls, residencesby N/A (James A. Loyola) on February 17, 2025 at 6:21 am
SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, reported a record consolidated net income of ₱45.6 billion last year, a 14 percent increase from the ₱40 billion earned in 2023.
- ₱8.5-billion tax evasion case filed after Bulacan, Valenzuela raids in Novemberby N/A (Jun Ramirez) on February 17, 2025 at 6:04 am
The Bureau of Internal Revenue (BIR) has filed tax evasion cases against individuals involved in a large-scale illicit cigarette operation in Bulacan and Valenzuela, following a raid last November.
- Japan’s Renova to co-develop BEC’s 50MW Mabini wind farm in Batangasby gabriellgalang@mbulletin.com.ph (Gabriell Christel Galang) on February 17, 2025 at 5:37 am
Basic Energy Corporation (BEC) announced that Japanese renewable energy (RE) firm Renova Inc. is set to contribute its expertise and resources to the Mabini wind energy project.
- Fuel price pain again on Tuesdayby gabriellgalang@mbulletin.com.ph (Gabriell Christel Galang) on February 17, 2025 at 2:35 am
Effective Tuesday, Feb. 18, gasoline and diesel will go up by P0.80 per liter, while kerosene will increase by P0.10 per liter.
- Meralco radiates communications excellence at the 60th Anvil Awardsby N/A (MB Business) on February 17, 2025 at 2:02 am
Manila Electric Company (Meralco) exemplified communications excellence at the recent 60th Anvil Awards as it took home ten (10) Silver Anvils. Also a finalist for Company of the Year, Meralco was recognized for its outstanding programs centered on […]
- ACMF sets sights on sustainable growth with new action plan, carbon market roadmapby N/A (James A. Loyola) on February 17, 2025 at 1:52 am
The ASEAN Capital Markets Forum (ACMF) has endorsed the Strategic Thrusts and a set of Key Principles for the upcoming ACMF Action Plan 2026-2030 (AP2026) during its successful 42nd Chairs’ Meeting in Penang, Malaysia.
- Strong 26% loan growth drives AUB’s 2024 net income, 36% year-on-year increaseby N/A (James A. Loyola) on February 17, 2025 at 1:41 am
Asia United Bank (AUB) reported a 36 percent growth in consolidated net income to ₱11.3 billion last year from the ₱8.3 billion earned in 2023 due to a double-digit growth in loan portfolio and a steady decline in loan loss provisions.