International news
News from wire services and other publishers.
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DBCC unlikely to tweak revenue targets for now
The Development Budget Coordination Committee is unlikely to revise the government’s revenue collection targets for 2026, ahead of its remaining meeting this year.
BSP among most hawkish central banks – Nomura
The Bangko Sentral ng Pilipinas is among Southeast Asia’s most hawkish central banks as stubborn inflation keeps policymakers focused on raising borrowing costs despite weakness in the domestic economy, according to…
Gokongwei heirs land first jobs tagging underwear
No role is too small or too big for siblings Lance Gokongwei and Robina Gokongwei-Pe, who both learned the ropes in the family business in a rather “intimate” way – tagging women’s underwear before taking on bigger…
BPI, DMCI Homes to ease payments for US-based buyers
Bank of the Philippine Islands has partnered with DMCI Homes to make it easier for property buyers to pay housing amortizations directly from their bank accounts in the United States.
Government mulls Bataan nuclear plant privatization
The government is weighing the sale of the long-mothballed Bataan Nuclear Power Plant after a feasibility study yielded encouraging results on its potential revival.
Capital with purpose: ESG and Philippines finance
Environmental, social and governance considerations have become a significant force in shaping modern finance. Investors, regulators, corporations and consumers are increasingly recognizing that long-term financial…
Bravo for FMI
What started out as a case study by his daughter on facilities management while she finished her degree in the United States in the 1990s unexpectedly led businessman and lawyer Edilberto Bravo to embark on a new…
SEC clears Aznar Shipping IPO
The Securities and Exchange Commission has approved what could be the country’s second and final initial public offering for 2027, involving Cebu-based shipping operator Aznar Shipping Corp.
DICT bids out P496 million deal for digital national ID
The Department of Information and Communications Technology is preparing the digital national ID by bidding out a P496-million project for its operations and management.
Sugar millers to DOF: Reconsider proposed increase in beverage tax
Local sugar millers have warned that a proposed hike in sweetened beverage taxes could undermine the country’s sugar industry, as it continues to grapple from declining production.