THE PHILIPPINE Deposit Insurance Corp. (PDIC) wants to introduce a risk-based assessment system to prevent banks from taking on too much leverage following the increase in the maximum deposit insurance coverage (MDIC).“Presently, we only have one premium assessment, the flat rate assessment system, that applies

DCSTUDIO-FREEPIKTHE PHILIPPINES’ services trade slumped in 2024 as exports grew at a much slower pace than imports, data from the Bangko Sentral ng Pilipinas (BSP) showed.Preliminary central bank data showed the country’s trade in services fell by 19.8% to $14.58 billion in 2024 from $18.18

Toyota Motor Philippines expects to sell around 20,000 Tamaraw units (which are assembled in Sta. Rosa, Laguna) in 2025. — PHOTO BY KAP MACEDA AGUILA With car sales expected to top 500K units this year, local auto manufacturing should be pursued with vigorTHE PHILIPPINE government

MAYNILADWATER.COM.PHBy Revin Mikhael D. Ochave, ReporterWEST ZONE concessionaire Maynilad Water Services, Inc. said it plans to raise up to P49.15 billion through an initial public offering (IPO) within the next two quarters.The IPO’s indicative terms include a base offer of up to 1.81 billion common

1 of 9By Kap Maceda AguilaSEVEN-SEATERS are all the rage these days — fueled in no small part by the Filipino penchant for moving in groups. Whether big family or big barkada, we are a highly social, sociable people.The so-called Asian utility vehicle (AUV) was

MANILA International Container Terminal at the Port of Manila.SHARES IN RAZON-LED International Container Terminal Services, Inc. (ICTSI) declined last week as trade tensions initiated by the US weakened investor sentiment, outweighing the company’s strong earnings and expansion developments.Data from the Philippine Stock Exchange showed that

“Road Trip” (2012) by Monnar BaldemorBACK IN the ’70s, car buyers basically had three types of automobiles they could buy: a car, a pickup, or a van. You can then break down the car category into three more subcategories: sedan, coupe, station wagon. Back then

1 of 3“I’M AN ARTist. I’m a dressmaker. I’m a gardener,” said Patis Tesoro in a documentary about her, Filipiniana is Forever, launched on March 9 at the Makati Sports Club; along with her book, with the same title. And may we add, she is

ACENRENEWABLES.COMACEN CORP., the listed energy platform of the Ayala group, is progressing toward its target of 20 gigawatts (GW) of renewable energy (RE) capacity by 2030, with ongoing developments across its domestic and international projects.In the Philippines, ACEN’s 300-megawatt (MW) Palauig 2 solar farm in

1 of 8By Dylan Afuang WITH MORE crossovers, pickup trucks, and SUVs gaining hybrid-electric power, these vehicle types are answering the growing local demand for electrified vehicles (xEVs) while highlighting a lower environmental impact — surely adding to their array of strengths.A total of 1,600

Globe secures P20-B term loan facility for capex - BusinessWorld Online                                    PHILSTAR FILE PHOTOGLOBE TELECOM, Inc. said it had signed P20 billion in loan facilities with

1 of 9WITH JUST a cursory glance at vehicles plying the roads — not to mention the usual suspects at charging stations — BYD is, pardon the pun, leading the charge in so-called new energy or electrified vehicles. ACMobility, distributor of BYD vehicles in the