Hot money yields $2.1-B net inflow in 2024 — BSP

Euro, Hong Kong dollar, US dollar, Japanese yen, pound and Chinese yuan banknotes are seen in this picture illustration in Beijing, China. — REUTERS MORE SHORT-TERM foreign investments entered the Philippines in 2024, data from the Bangko Sentral ng Pilipinas (BSP) showed. Foreign portfolio investments registered with the central bank through authorized agent banks posted […]

Car sales to reach 512,000 in 2025

VEHICLES are parked near a mall in Mandaluyong City. — PHILIPPINE STAR/MIGUEL DE GUZMAN PHILIPPINE automotive sales are expected to reach 512,000 units this year amid a more promising macroeconomic outlook, said Toyota Motor Philippines Corp. (TMP). At a media event on Friday, TMP Chairman Alfred V. Ty said that the prospects for the industry […]

PSEi relief rally expected this week

The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERS By Revin Mikhael D. Ochave, Reporter THE BELLWETHER Philippine Stock Exchange Index (PSEi) may see a “relief rally” this week after entering bear territory last Friday, with market movements likely to be driven by upcoming economic data. “Barring any negative […]

IPOs likely by second half — ICCP

BW FILE PHOTO INITIAL PUBLIC OFFERINGS (IPOs) could come by the second half of 2025 amid uncertainties posed by the administration of United States President Donald J. Trump and the May 12 local midterm polls, according to the Investment & Capital Corporation of the Philippines (ICCP). “I think many will come by the second half […]

SteelAsia says January shipment sets export record

STEELASIA MANUFACTURING Corp. completed a P1.1-billion shipment of high-strength reinforcing steel to a subway project in Vancouver, Canada, last week, its chairman said. “We have repeat orders from the same buyer and project, a vote of confidence in our reliability as a supplier and in the quality of our products,” SteelAsia Chairman and Chief Executive […]

UAAGI welcomes new head for Chery and Lynk & Co

1 of 2 LAST WEEK, the United Asia Automotive Group, Inc. (UAAGI) celebrated the Chinese New Year a day in advance – hosting a luncheon for members of the media, content creators, and bank partners. The moment we received the invite, many of us in the press already surmised it wasn’t going to be just […]

Vivant plans P4.5-B capex focusing on solar, wind power

UNSPLASH CEBU-BASED energy and water company Vivant Corp. is allocating P4.5 billion for its 2025 capital expenditure (capex), focusing primarily on renewable energy projects such as solar and wind power developments. This year’s budget is higher compared to last year since most of the projects were in the pre-development stage, said Vivant Chief Finance Officer […]

DigiPlus bags triple honors at 60th Anvil Awards

DigiPlus celebrates a triple triumph at the 60th Anvil Awards, showcasing honors in rebranding, integrated reporting, and community empowerment. DigiPlus Interactive, the company behind leading digital entertainment platforms BingoPlus, ArenaPlus, and GameZone, secured three honors at the 60th Anvil Awards. Recognized as the gold standard of public relations excellence in the Philippines, the Anvil Awards […]

Investing your way: A guide to choosing your investments

Sun Life Investment Management and Trust Corp. President Michael Enriquez Navigating the world of investing can be overwhelming, with a myriad of options to choose from, market fluctuations to navigate, and key factors to consider. However, according to Michael Enriquez, President of Sun Life Investment Management and Trust Corporation (Sun Life Investment Management), finding the […]