THE GOVERNMENT will not introduce new tax proposals in the 20 th Congress, Finance Secretary Ralph G. Recto said, reaffirming the administration’s fiscal consolidation strategy despite record-high ...

THE MARCOS administration has shelved a plan to overhaul the pension system for military and uniformed personnel (MUP), Finance Secretary Ralph G. Recto said.

THE BANGKO Sentral ng Pilipinas (BSP) on Tuesday vowed to continue efforts to combat financial crimes, after the Philippines officially exited the European Union’s (EU) list of countries that are at ...

LISTED oil firm Shell Pilipinas Corp. (SPC) plans to spend up to P4 billion in capital expenditure (capex) through 2030 to expand its asset portfolio in line with its medium-term growth strategy, its ...

MANILA ELECTRIC CO. (Meralco) has signed an agreement with South Korea’s DL Engineering & Construction (DL E&C) to conduct studies on the possible deployment of small modular reactors (SMRs) in the ...

SM HOTELS and Conventions Corp. (SMHCC), the hospitality arm of SM Prime Holdings, Inc., targets to open the P1.5-billion ...

PHILIPPINE SEVEN CORP. (PSC), the exclusive licensee of the 7-Eleven convenience store brand in the country, aims to open around 250 new stores by year-end, a company official said. “We’re looking at ...

THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at lower rates amid strong demand on expectations that borrowing costs will continue to go down. The ...

THE BANGKO SENTRAL ng Pilipinas’ (BSP) net income more than doubled in the first quarter as it booked a larger net foreign exchange (FX) gain, preliminary data showed. The central bank’s net profit ...

LISTED grocery retailer Puregold Price Club, Inc. plans to open eight new branches by the end of 2025 as part of its nationwide expansion strategy. The supermarket chain will open new stores in ...

CLARK AIRPORT OPERATOR LIPAD Corp. has trimmed its 2025 passenger volume projection to 3 million, down from a previous estimate of 3.2 million, following the government’s postponement of the complete ...

NTT DATA Payment Services, a subsidiary of NTT DATA that is part of Japan’s NTT Group, has launched its merchant payments solutions suite ADAPTIS in the Philippines. “In the fast-moving digital ...