PHILSTAR FILE PHOTOTHE Philippines’ dollar reserves declined by 1.9% as of end-April, as the National Government (NG) repaid more foreign debt, the central bank said.Data from the Bangko Sentral ng Pilipinas (BSP) showed gross international reserves (GIR) dropped to $104.6 billion as of end-April from
The Asian Development Bank (ADB) held its 58th annual meeting of governors in Milan, Italy this week. — COURTESY OF ADBBy Luisa Maria Jacinta C. Jocson, Senior ReporterMILAN, Italy — The Asian Development Bank (ADB) is eyeing to extend about $4 billion in financing for
AN ICE CREAM VENDOR passes by a wall covered in campaign posters in Quezon City, May 4. Midterm elections are scheduled for May 12. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Kenneth Christiane L. Basilio, ReporterANTONIO A. ROMANO, a 49-year-old taxi driver from Quezon City, is sick
Lester Ong, BPI Capital President and CEOBPI Capital Corporation has been recognized with multiple prestigious awards at The Asset Triple A Sustainable Finance Awards 2025 and the FinanceAsia Achievement Awards 2024, underscoring its leadership in sustainable and innovative financial solutions.“We are deeply honored by these
Allied Care Experts (ACE) Medical Center-Palawan to hold Annual Stockholders' Meeting on June 23 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows
MREIT’S PORTFOLIO includes campus-type buildings, ideal for IT-BPM companies, such as the office towers at McKinley West in Taguig City.MREIT, INC. posted a 31% increase in first-quarter (Q1) net income to P963 million, up from P733 million in the same period last year, driven by
ACENRENEWABLES.COMACEN Corp. saw a 28.3% drop in its first-quarter (Q1) attributable net income to P1.95 billion, mainly due to weaker power generation and lower spot market prices, the Ayala-led energy company said on Thursday.“ACEN’s first-quarter results reflect some of the challenges of scaling renewables. The
Allegria, General Trias, Cavite — VISTAESTATES.VISTALAND.COM.PHVILLAR-LED property developer Vista Land & Lifescapes, Inc. reported an 11% increase in core net income to P9.36 billion in 2024 from P8.45 billion in 2023, driven by higher revenues from real estate sales.In a regulatory filing, the Villar-led property
NICKELASIA.COMNICKEL ASIA Corp. (NAC) reported a 148% increase in its first-quarter (Q1) net income to P501.03 million, driven by stronger ore prices and a one-time gain from the sale of its stake in Coral Bay Nickel Corp. (CBNC).In a disclosure on Thursday, NAC said the
ORIGINAL PILIPINO MUSIC (OPM) acts The Itchyworms, Mayonnaise, TONEEJAY, SUD, Ebe Dancel, The Ridleys, Zild, Autotelic, Reese Lansangan, Clara Benin, Minaw, and thesunmanager are the 12 headliners gracing the inaugural Minsan Fest stage this May.Independent events production company Minsan Studio told BusinessWorld in a Zoom
The 2nd International Machinery, Tools & Accessories Philippines (IMTAP 2025) and 3rd Philippine Subcon & Manufacturers Exhibition (PSMEX 2025) officially opened on May 8, 2025, with a well-attended and high-energy ceremony at the Lobby of Hall A, World Trade Center Metro Manila.The event welcomed hundreds
The Didipio Mine, located in the host community of Barangay Didipio, Nueva Vizcaya, operates in approximately 334 hectares of land, representing 34% of its partial declaration of mining feasibility (PDMF) area. — DIDIPIOMINE.COM.PHLISTED OceanaGold Philippines, Inc. (OGP) saw its net income for the first three