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New law to encourage ordinary Filipinos to invest in capital markets

Manila, May 30 -- Finance Secretary Ralph Recto said the enactment of Republic Act (RA) 12214 or the Capital Markets Efficiency Promotion Act (CMEPA) would encourage ordinary Filipinos to invest in th... Read More


Converge to open 2 new data centers this year

Manila, May 30 -- Fiber broadband and technology services provider Converge ICT Solutions Inc. said it is on track to activate two new data centers and two international cable systems this year. "Thi... Read More


BSP projects May 2025 inflation at 0.9% to 1.7%

Manila, May 30 -- The Bangko Sentral ng Pilipinas (BSP) is projecting May 2025 inflation to settle within the 0.9 percent to 1.7 percent range. If the lower end of the projection is realized, the inf... Read More


PH banks total assets up by over 7% in March

Manila, May 20 -- Total assets of the Philippine banking sector went up by over 7 percent as of end-March this year. Data released by the Bangko Sentral ng Pilipinas (BSP) showed that the total asset... Read More


P134.4-M worth of uncertified electrical products seized

Manila, May 20 -- The Department of Trade and Industry (DTI) said PHP134.4 million worth of uncertified and potentially dangerous electrical and electronic products have been seized since 2023. In a ... Read More


PH one of fastest growing economies in Asia - HSBC Philippines

Manila, May 20 -- HSBC Philippines continues to be optimistic on the Philippine economy's growth prospects, noting that the country is one of the fastest growing in the region. "I know the Q1 (first ... Read More


Stocks slip, peso moves sideways

Manila, May 20 -- Philippine shares dropped anew on Tuesday as investors opted to scale back their holdings, while the peso moved sideways. The Philippine Stock Exchange index (PSEi) dropped by 1.85 ... Read More


DTI meets with Japan's Donki operator to expand trade of PH products

Manila, May 20 -- Trade Secretary Cristina Roque has met with executives of Pan Pacific International Holdings Corporation (PPIH) to expand trade opportunities for Philippine products. PPIH is the Ja... Read More


Pagcor warns public vs. fake gaming certifications

Manila, May 19 -- The Philippine Amusement and Gaming Corporation (Pagcor) warned the public against fraudulent gaming certifications allegedly tied to Lucky 7 Bingo Corporation. In a statement on Mo... Read More


BSP warns public vs. fake online job offers

Manila, May 19 -- The Bangko Sentral ng Pilipinas (BSP) on Monday warned the public regarding the fraudulent use of BSP Deputy Governor Chuchi Fonacier's image to offer online jobs. In an advisory, t... Read More