SEC eases SBG investment limits for equity and multi-asset funds
BW FILE PHOTOTHE Securities and Exchange Commission (SEC) has eased the single business group (SBG) investment limit for equity funds, balanced funds, and multi-asset funds exposed to equity securities, following requests from fund managers. The corporate regulator issued Memorandum Circular (MC)
The Macallan pays homage to the mighty oak
THE MACALLAN, the luxury single Malt Scotch Whisky, has unveiled the latest in the Harmony Collection, with two new whisky releases as part of the brand’s collaboration with Cirque du Soleil. Last year, the troupe had a special performance at the
BMI sees 25-bp rate cut next week
THE BANGKO SENTRAL ng Pilipinas (BSP) is likely to cut benchmark interest rates by 25 basis points (bps) at its meeting next week amid a stable peso and slowing inflation, Fitch Solutions’ unit BMI said. “We expect the BSP to cut
MPower renews power supply deal with Toyota car parts maker
MPower renews power supply deal with Toyota car parts maker - BusinessWorld Online TOYOTA-AISIN.PHMPOWER, the local retail electricity unit of Manila Electric Co. (Meralco), said
Dining In/Out (04/03/25)
1 of 6Singapore’s Chef Fung opens at World Kitchens CHEF Fung Chi Keung, the man behind restaurants like Taste Paradise, Kai Garden, and Kai Duck, is opening Chef Fung Private Kitchen at World Kitchens in Gateway Mall 2, Cubao, Quezon City.
Lost in translation?
BW FILE PHOTOThat the quality of lawmakers has deteriorated over decades has been the topic of discussions ad nauseam, with one social media post, for example, noting that the first Senate in 1916 included a medical doctor, a diplomat,
Term deposit yields inch higher as market awaits US’ reciprocal tariffs
BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits inched higher on Wednesday as the offer went undersubscribed, with the market preferring to stay on the sidelines ahead of the Trump administration’s announcement of its planned reciprocal
Enterprises must boost identity verification to combat deepfakes
VECSTOCK-FREEPIKPHILIPPINE BUSINESSES must ramp up their investments in identity verification technology as fraud schemes involving deepfakes become more prevalent, according to biometric solutions company iProov. “The criminals aren’t going to take a lot of notice of what regulation is put in
Megawide targets to finish Carbon Market’s Block-2 by 2026
Megawide targets to finish Carbon Market’s Block-2 by 2026 - BusinessWorld Online THE FREEMAN FILE PHOTOLISTED infrastructure conglomerate Megawide Construction Corp. said it targets completing
Manufacturing Purchasing Managers’ Index (PMI) of select ASEAN economies, March 2025
Manufacturing Purchasing Managers’ Index (PMI) of select ASEAN economies, March 2025 - BusinessWorld Online FACTORY ACTIVITY in the Philippines unexpectedly contracted for the first time