S&P: PHL on track for rating upgrade
PHILIPPINE STAR/NOEL B. PABALATETHE PHILIPPINES remains on track for a possible credit rating upgrade as improving fiscal and external balances outweigh risks from the government’s flood control controversy, Standard & Poor’s (S&P) Global Ratings said. “We also see the Philippine sovereign
Japan, Philippines seal P8.18-B MRT-3 rehab loan
PHILIPPINE STAR/MIGUEL DE GUZMANBy Adrian H. Halili, Reporter MANILA AND TOKYO on Wednesday signed an P8.18-billion loan agreement to rehabilitate the Metro Rail Transit Line 3 (MRT-3), as the heavily used rail line continues to face technical and operational disruptions. Foreign Affairs
ASE eyes 26,000-sqm expansion in Philippines
PHILSTAR FILE PHOTOBy Justine Irish D. Tabile, Senior Reporter OUTSOURCED semiconductor assembly and test firm ASE Co., Ltd. is planning a 26,000-square-meter (sqm) expansion in the Philippines, the Philippine Economic Zone Authority (PEZA) said on Wednesday, underscoring continued investor interest in
Megaworld boosts capex to P65B for 2026
MEGAWORLD CORP.TAN-LED property developer Megaworld Corp. has set a higher capital expenditure (capex) budget of P65 billion for 2026, up from the P50 billion it earmarked for 2025, as it accelerates the development of township projects in key provinces. In a
Globe sees modest 2026 revenue growth, trims capex
BW FILE PHOTOGLOBE TELECOM, INC. said it expects low- to mid-single-digit revenue growth this year, following a decline in 2025. The Ayala-led telecommunications company saw its 2025 net income fall by 4.12% to P23.3 billion from P24.3 billion in 2024, weighed
Tim Ho Wan doubles Hong Kong presence with 10th outlet
Pictured (from left): Daniel Lin, Tim Ho Wan Hong Kong general manager; Carl Tancaktiong, Jollibee Group China chairman; Richard Shin, JFC International chief executive officer and Jollibee Group global chief financial and risk officer; and Sheng Lee, Tim Ho Wan
Banking on certainty: Affluent Filipinos are now choosing time deposits to grow their wealth
Time deposits are often dismissed as conservative instruments — reliable but unremarkable. Today, however, they are quietly reemerging as a preferred tool for growing wealth among affluent Filipinos seeking stability, predictability, and competitive returns amid persistent market volatility. As global markets experience