Discussions ongoing ahead of candidate announcement tonight.
MANILA, Philippines — JG Summit Holdings Inc. plans to acquire 37.05 billion shares in Oriental Petroleum and Minerals Corp. from its wholly owned subsidiary, placing the investment directly with the parent company. The conglomerate’s board said on Friday that it approved the proposed acquisition from JG Summit Capital Services Corp. on Oct. 22. READ: JG Summit
MANILA, Philippines — Philippine National Bank (PNB) saw its nine-month net income grow by 15 percent to P21.3 billion as lending expanded and the share of soured loans declined. On Friday, the Lucio Tan-led bank said its earnings in the January-to-September period rose from P18.5 billion a year earlier. READ: PNB first-half profit jumped 17% to
MANILA, Philippines — The US government is providing $34.1 million (about P2 billion) in funding to advance the development of the Philippine ube industry in the next few years. Lee Lipton, Washington’s Ambassador to the Philippines, said the US Department of Agriculture (USDA) had awarded the grant under its Food for Progress Program, which supports
MANILA, Philippines — International passenger traffic at Ninoy Aquino International Airport (Naia) has held up in the year so far, even posting modest growth despite flight disruptions and soaring airfares that have weighed on global travel for much of 2026. Data from New Naia Infra Corp. (NNIC), the operator of the country’s main gateway, showed that
MANILA, Philippines — Philippine Stock Exchange (PSE) president and CEO Ramon Monzon is setting his sights on a local listing for Maya, hoping GCash parent Mynt Inc.’s stock market debut will help persuade its rival to follow. “Let’s work on Maya, now that GCash has been listed already,” Monzon said in an interview. READ: Mynt
MANILA, Philippines — The Japan Credit Rating Agency (JCR) said the Philippine economy is likely to remain highly resilient to external shocks despite mounting tariff pressures, citing the country’s strong foreign exchange buffers and potential to diversify export markets. “Given its solid foreign currency liquidity position, JCR believes that the Philippines will remain highly resilient
James Durias Arieta came to Dubai with no plan other than to be with his ‘TNT’ mother, a visit that unexpectedly launched his career in cinematography
According to experts, much needs to be done to strengthen PdPR and make it accessible.
The Bureau of Internal Revenue said more than 52,700 certificates of registration with registration seal badges have been secured by online sellers, service providers, and content creators as of October 14.
The Philippines needs to turn its moribund stock exchange into an engine for genuine capital formation
In Nagacadan, Kiangan, Ifugao, the rice terraces were not green when we came. They were resting, and that turned out to be one of the most important things to see.
Noorizwan's injuries bring back memories of another death in custody.
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