YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits continued to drop on Wednesday, even as the shorter tenor went undersubscribed, following signals of a potential rate cut next month. The ...

THE BANGKO Sentral ng Pilipinas (BSP) is set to issue new guidelines this year that will allow banks to offer their customers insurance products from multiple providers. “A draft circular amending the ...

THE Supreme Court (SC) has ruled that the income taxes of private contractors in the Malampaya natural gas project are included in the government’s 60% share of the project’s net proceeds, effectively ...

BANKS may see changes in their deposit base as clients could reallocate their funds following the removal of tax perks for long-term deposits under the Capital Markets Efficiency Promotion Act (CMEPA) ...

OFFICE VACANCY levels in Metro Manila may rise with the completion of new projects from this year through 2030, according to property services firm JLL Philippines. “For upcoming (office) stock, we ...

GLENDA BARRETTO, the founder of Via Mare and caterer to grand feasts for world leaders visiting the Philippines, was honored with a Lifetime Achievement Award at the 6th Bravo Empowered Women Awards.

THE LIFE INSURANCE industry is bullish on its growth prospects despite global uncertainties, the Philippine Life Insurers Association (PLIA) said. “More branches and more expansion into the ...

AHEAD of the ArteFino Fair opening on July 31, the artisanal trade fair cooked up something else (literally), the ArteFino Lounge. Daily until Aug. 3, the ArteFino Lounge features a collaboration with ...

French chef Alain Passard, known for his mastery of roasting techniques, has decided to drop almost all animal products from the menu at his three-Michelin-star restaurant, Arpège. The decision ...

JENNI, Inc. the US-based company that built artificial intelligence (AI)-powered writing assistant Jenni AI, is optimistic about expanding its presence in the Philippines as more universities explore ...

POWER DISTRIBUTOR Manila Electric Co. (Meralco) has entered into a partnership with a Vietnamese electric vehicle (EV) firm and a ride-hailing service provider to support the development of green ...

OWN BANK, The Rural Bank of Cavite City, Inc. (OwnBank) is planning to apply for a commercial banking license as it looks to expand its product offerings. “So, [the central bank] was actually telling ...