A British pound banknote is displayed on US Dollar banknotes in this illustration taken Feb. 14, 2022. — REUTERS/DADO RUVIC/ILLUSTRATIONBy Luisa Maria Jacinta C. Jocson, ReporterBRITISH INTERNATIONAL Investment (BII) considers the Philippines as one of its priority markets in Southeast Asia for climate finance.“The Philippines

The Bangko Sentral ng Pilipinas main office in Manila.THE PHILIPPINE central bank still has room for one more rate hike as the pace of disinflation is expected to slow in the next few months, according to Fitch Solutions unit BMI.On the other hand, HSBC Global

President Ferdinand R. Marcos, Jr. talks to Asian Development Bank (ADB) President Masatsugu Asakawa during his visit to the ADB headquarters in Mandaluyong City, May 22, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALESTHE PHILIPPINES would ensure that all phases of its ambitious “Build, Better, More” infrastructure

The Rizal monument is lit in the colors of the European Union flag as part of the Europe Day celebration in Manila, May 7, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE Philippines is expected to attract more European investments, as the Regional Comprehensive Economic Partnership (RCEP)

THE BOARD of directors of Yuchengco-led House of Investments, Inc. has approved the sale of 14.346% of EEI Corp.’s common shares to Industry Holdings and Development Corp. (IHDC).“IHDC’s entry as a strategic partner is deemed beneficial to EEI’s growth plans and restructuring efforts,” the listed

EVENING_TAO-FREEPIKREPOWER ENERGY Development Corp. is planning to expand its installed energy capacity by 1 gigawatt (GW) in the next five years, with its portfolio mainly focused on hydropower projects.Eric Peter Y. Roxas, president of Repower Energy, said the company’s hydropower plants have been operating for

THE SECURITIES and Exchange Commission (SEC) on Monday warned illegal lending companies of the new penalties under Republic Act No. 11765 or the Financial Products and Services Consumer Protection Act (FCPA), as it took down another illegal lending operation.In a media release, the regulator said

MJC INVESTMENTS Corp. (MJCI) intends to convert into equity about P2.43 billion in deposits from shareholders to move its owners’ equity into positive territory.In a regulatory filing, the company said the conversion of the deposits from noncurrent liabilities into equity “would be more than sufficient

1 of 2“IT’S all just a natural consequence of aging,” Michael Chan was told by his doctor in 2017, after being prescribed an array of maintenance medicines after he discovered he was pre-diabetic.As an aesthetician running laser clinics under the Lumiere Skin and Spa, and

CENTURY PACIFIC FOOD, INC. said its majority shareholder had approved the sale of shares equivalent to a 3% stake in the listed food products maker via a private placement.In a regulatory filing on Monday, the company said the shares were sold at a price of

ALIWAN FIESTA, an annual event that gathers festive traditions from the different regions in the Philippines, returns to the streets of Manila and Pasay on July 13 to 15.But this year the parade route will limited to the Cultural Center of the Philippines Complex due

CIRTEK HOLDINGS Philippines Corp. posted an 11.3% decline in its attributable net income to $1.57 million in the first quarter from $1.77 million last year.The decline came about after it recorded a 13.4% decrease in its top line to $17.11 million in the first three