
OFCs’ Q1 domestic assets surge to P10.6T
The domestic assets of Other Financial Corporations (OFCs) climbed to P10.6 trillion at the end of the first quarter of 2025, according to preliminary data…
· 2 min read
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The domestic assets of Other Financial Corporations (OFCs) climbed to P10.6 trillion at the end of the first quarter of 2025, according to preliminary data…
· 2 min read

First Gen Corp. (FGEN) has signed a share purchase agreement with Prime Infrastructure Capital Inc. (Prime Infra) to sell a 60 percent equity stake in its gas…
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The American arm of Del Monte Pacific Ltd. (DMPL) has filed for bankruptcy protection in the United States to restructure its business and deal with its debts.
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‘This sale was executed as part of IMI’s restructuring and footprint rationalization program, which was initiated in the 2nd half of 2024.’
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New York, United States — Package delivery giant UPS said Tuesday it plans to cut 20,000 positions worldwide in 2025 following a significant…
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Prime Media Holdings Inc. (PRIM), owned and controlled by the family of House Speaker Romualdez, is forging ahead with its planned equity restructuring plan,…
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BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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Washington, United States — Elon Musk, the world's richest person and President Donald Trump's controversial close advisor, said Monday the giant USAID…
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The 10 percent levy could knock out 40 percent of Beijing’s goods exports to the US
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As global trade uncertainties and domestic challenges continue to shape the Philippine economy, Jomar Lacson, head of Macroeconomics and Sustainability…
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As of 30 December 2024, the GSIS received a substantial payout of $272 million (approximately P15.8 billion), from the Macquarie Asia Infrastructure Fund 2…
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President Ferdinand R. Marcos Jr. has ordered the reorganization of the National Security Council (NSC), removing the Vice President and former Philippine…
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For the 16th consecutive year, SM Investments has been bestowed The Asset’s ESG Excellence award; it has also distinguished itself in terms of the Best…
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Citywire Asia has recognized Metrobank as the Best Asset Manager for the Philippines and named Metrobank Investment Management Head Cristina Gabaldon as one of…
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Drawing upon the insights gained from the virtual asset ecosystem, the bank can discover additional applications for blockchain technology that extend beyond…
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