BW FILE PHOTO 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 Pilipinas (BSP) signaled more policy easing ahead. The Bureau of the Treasury (BTr) raised P27.6 billion from the T-bills it […]
HOTEL101GLOBAL.COM 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. Hotel101 filed and passed its F-4 registration statement on Saturday, Feb. 1 (local time), or Friday, Jan. 31 (New York time), DD said in an e-mailed […]
BW FILE PHOTO 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 return on assets of 2%, the bank said in a disclosure to the stock exchange. For […]
NICKELASIA.COM 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 regulatory filing on Monday, NAC said that it had signed a share purchase agreement (SPA) with SMM to sell NAC’s […]
BW FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter TWO FOREIGN digital banking players are interested in entering the Philippine market, the Bangko Sentral ng Pilipinas (BSP) said. “There is no official filing yet, but there are two very interested players. There’s still no formal application because they’re trying to complete the documentary requirements, […]
1 of 13 Spotify brings Taylor Swift experience to Asia SPOTIFY is bringing an immersive exhibition, This Is Taylor Swift: A Spotify Playlist Experience, to Jakarta, Manila and Seoul. Bringing Spotify’s “This Is Taylor Swift” playlist to life, every element of the experience has been created to reflect the evolution of the singer’s artistry. There […]
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 decongesting major thoroughfares and offering a smoother journey for the riding public. We eagerly anticipate its completion and operational launch in the first quarter of […]
A SCREENGRAB from Philippine Coast Guard shows a Philippine vessel being water cannoned by the China Coast Guard on April 30, 2024. — PHILIPPINE COAST GUARD PHOTO By Kenneth Christiane L. Basilio, Reporter THE US and its allies should limit China’s access to technology and data to curb its expansionist ambitions in the South China […]
PHILIPPINE STAR/RUSSELL A. PALMA By Kenneth Christiane L. Basilio, Reporter The House of Representatives on Monday night approved on second reading a bill that seeks to give minimum wage workers a P200 daily increase. In a voice vote, congressmen passed House Bill No. 11376, which is a departure from the across-the-board hike for private sector […]
PHILIPPINE STAR/IRISH LISING By Kenneth Christiane L. Basilio, Reporter THE HOUSE of Representatives on Monday approved on second reading separate bills that seek to ban Philippine offshore gaming operators (POGO) and online cockfighting amid their perceived negative effects on society. In a voice vote, lawmakers approved House Bill (HB) No. 10987, which outlaws the operations […]