Buildings are seen during sunset in Bonifacio Global City, Taguig City, Feb. 7, 2025. — PHILIPPINE STAR/NOEL PABALATEBANK LENDING in December expanded at its fastest pace in two years, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.Outstanding loans of universal and commercial banks

A worker removes computer chips from a shelf at an electronics assembly line in Biñan, Laguna, April 20, 2016. — REUTERSTHE PHILIPPINES could lose as much as $1.89 billion (P107.6 billion) in exports of mostly mechanical and electrical equipment to the US if President Donald

THE MAHARLIKA Investment Corp. (MIC) is gearing up for its third investment which would involve a foreign-listed company with ties in the infrastructure sector, according to its top official.“We’ve got one more [investment] that we’re going to be announcing soon. Quite a significant transaction as

AQUAMIRA at Saddle and Clubs Leisure Park in Tanza, Cavite — STALUCIALAND.COM.PHLISTED PROPERTY developer Sta. Lucia Land, Inc. (SLI) plans to allocate P3 billion to P5 billion for capital expenditures (capex) this year, focusing on land acquisitions and project developments in key areas, the company

BLOOMBERRY.PHBLOOMBERRY RESORTS Corp. said it has refinanced a P40-billion loan used to partially fund the construction of Solaire Resort North, its integrated resort in Quezon City.The company, through subsidiaries Bloomberry Resorts and Hotels, Inc. (BRHI) and Sureste Properties, Inc. (SPI) as borrowers, signed a P40-billion

PHILSTAR FILE PHOTOLISTED TECHNOLOGY company Xurpas Inc. has appointed Information Technology and Business Process Association of the Philippines (IBPAP) President and Chief Executive Officer Jonathan Jack R. Madrid as an independent director.The Xurpas board approved Mr. Madrid’s appointment on Feb. 11, the company said in

BW FILE PHOTOTERM DEPOSIT YIELDS went down on Wednesday ahead of a widely anticipated rate cut by the Bangko Sentral ng Pilipinas (BSP) at its first policy meeting of the year.The BSP’s term deposit facility (TDF) attracted bids amounting to P241.191 billion on Wednesday, above

CEMEXHOLDINGSPHILIPPINES.COMCEMEX HOLDINGS Philippines, Inc. (CHP) is changing its corporate name to Concreat Holdings Philippines, Inc. following a change in ownership.The name change was approved during a special stockholders’ meeting on Wednesday, CHP said in a regulatory filing.CHP said the name change was due to the

BW FILE PHOTOTHE INSURANCE INDUSTRY saw its combined premium income rise by 12.81% year on year in 2024, driven by the life sector, the Insurance Commission (IC) said on Wednesday.The combined premium income of life and non-life insurers and mutual benefit associations (MBAs) climbed to

BW FILE PHOTOMARGARITA “GAITA” ARANETA FORÉS, hailed as Asia’s Best Female Chef in 2016, has died. According to reports, Ms. Forés was found unresponsive on Feb. 11 in a hotel room in Hong Kong — a city she loved.“I went to Hong Kong for the