Revenue reforms and Asian credit ratings
The spending side of the Philippines’ public finance needs major reforms that include spending cuts in many agencies like the corruption-tainted Department of Public Works and Highways (DPWH). Instead, we can increase infrastructure projects via Public-Private Partnerships (PPP). The revenue side
Peso declines vs dollar
Peso declines vs dollar - BusinessWorld Online BW FILE PHOTOTHE PESO declined against the dollar on Monday after the United States urged its allies to
Proptech firm Lhoopa eyes doubling housing delivery in 2026
PHILSTAR FILE PHOTOLHOOPA, INC., a property technology (proptech) startup, hopes to double the number of housing units it delivers to Filipino families in 2026 as demand for affordable homes continues to outpace supply, its chief executive officer (CEO) said. “Looking ahead,
BGC Charity Day 2025 raises record $14m worldwide for good causes
BGC Group has raised a record $14 million (£11.2m) during its annual BGC Charity Day, the highest total in the event’s 21-year history.Since its inception in 2005, in memory of 658 BGC colleagues and 61 Eurobrokers employees who died in
Unabiz Secures Court Protection for French IoT Operations Amid Financial Challenges
Unabiz, the Singapore-based IoT solutions provider and operator of the Sigfox network, has filed for judicial reorganization (redressement judiciaire) for its French subsidiaries, Unabiz Network SAS and Unabiz SAS. The move, approved by the Commercial Court of Toulouse, grants the company
Listed U/KBs’ Shares: Yearly Gains and Losses as of End-June 2025
Listed U/KBs’ Shares: Yearly Gains and Losses as of End-June 2025 - BusinessWorld Online BANKING STOCKS rose in the second quarter as rate cuts coupled
PSEi slides to 6,000 level as market seeks leads
REUTERSPHILIPPINE SHARES sank to the 6,000 level on Monday to hit a five-month low due to selling pressure amid a lack of leads, weak market sentiment, and lingering corruption concerns. The benchmark Philippine Stock Exchange index (PSEi) declined by 0.84% or
Shares of listed Philippine banks rise in 2nd quarter
This article has been republished to correct errors that appeared in the original version. We regret the mistakes and are issuing this corrected version for accuracy and clarity. BANKING STOCKS rose in the second quarter as rate cuts coupled with steady
Manila urged to raise China concerns at UN General Assembly this month
A LANDSAT 7 image of Scarborough Shoal in the South China Sea. — WIKIPEDIABy Adrian H. Halili, Reporter THE PHILIPPINES should seize the opportunity to raise its concerns over Chinese actions in the South China Sea during the United Nations (UN)
DA to get 90% of subsidized rice next year from farmers
PHILSTAR FILE PHOTOBy Kenneth Christiane L. Basilio and Adrian H. Halili, Reporters THE DEPARTMENT OF AGRICULTURE (DA) would obtain 80-90% of rice for next year’s subsidized rice program from local farmers and the rest from imports, targeting 1.5 million metric tons